As I meet with clients these days the #1 question is "What about all the news about the plummeting home values?" It is with pleasure and certainty that I am able to reassure people with real estate in Westfield, MA that the news isn't as bad for us as it is for people in other areas of the country.
Here are the stats:
Westfield, MA Average Sales Price in 2008 = $225,560
Westfield, MA Average Sales Price in 2005 = $241,015
Percentage of downward change from 2005 to 2008 = 6.4%
That's right...while other areas in our country are suffering with up to 50% drop in value, we are experiencing a much milder adjustment in Westfield, MA.
So, if you were thinking about making a move and were unsure as to what has happened to your property value, this is some reassurance. As a real estate agent with Park Square Realty in Westfield, MA, I would be happy to meet with you to discover the specific value for your property. Contact me today for a free consultation!
