Is Granby, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a neutral's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Granby was a Seller's Market.

Key Takeaway

Granby is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Granby, MA cost?

Median Sold Price

$300,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$23,000(+8.3%)

Key Takeaway

Homes in Granby have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 -$175K
N/A
2 $196.5K$206.5K
+5.1%
3 $295K$316K
+7.1%
4 $325.2K$371K
+14.1%
5+ $559K$385K
-31.1%

Median Sold Price Compared To Nearby Cities

Chicopee
+15.6%
South Hadley
+15.4%
Ludlow
+12.2%
Granby
+8.3%
Amherst
+7.3%

How many homes are available in Granby, MA?

Number of Homes For Sale

Apr 2022May 2022%
3130-3.2%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 22
0.0%
3 1819
+5.6%
4 107
-30.0%
5+ 12
+100.0%

Number of Homes Sold

Apr 2022May 2022%
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granby, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Average Sale Time

May 2021May 2022%
158 Days24 Days-84.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Granby has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Granby, MA

Number of homes for sale in Granby, MA real estate market have reached 30. In May 2022 in Granby, MA there were 3.2% less homes for sale than in April 2022. While the average time on the market in May 2022 was 24 days, the median list price was $300,000. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 5.1%, the cost of 3 bedrooms properties went up by 7.1%, prices of 4 bedrooms properties increased by 14.1%, the cost of 5 bedrooms properties went down by 31.1%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 5.6%, the quantity of 4 bedrooms homes went down by 30%, 5 bedrooms homes became 100% more available. Granby, MA housing market in May 2022 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 1 sold below.

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