This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Best Real Estate Market in Almost 10 Years

As they say, the numbers don't lie.  But, they also don't tell the whole story either.  Based on the real estate sales data from the 1st Quarter of 2014, the Westfield market is HOT!

With inventory down about 21% compared to the same time last year, buyers are eagerly jumping into the local market and purchasing homes.
The average # of days on market has decreased from 75 to 67 for the same time period last year.  Multiple-offer situations have become a normal occurrence again. And, the sales price to list price ratio is at 98.01%, the highest it has been since 2005.

So, overall the market is clearly off to a tremendous start for 2014.  And, it remains a great opportunity for sellers and buyers alike.  

If you are curious about what your home is worth, please contact me for a complimentary market analysis.  And, you can download my APP for free to stay up-to-date on homes for sale in Westfield and surrounding towns.



Ed O'Brien
Keller Williams Realty
Cell: 917-374-7447
http://edobrien.kwrealty.com/Click on this link to download my Mobile APP: http://app.kw.com/KW2D9Y3L7

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?