Is Granby, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Granby, MA
How much do homes in Granby, MA cost?
Median Sold Price
$355,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Granby have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in Granby was $355,000 in April 2024, up 18.3% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | - | N/A |
| 2 Bedrooms | $250.7K | $265K | +5.7% |
| 3 Bedrooms | $335K | $376.1K | +12.3% |
| 4 Bedrooms | $416.7K | $410K | -1.6% |
| 5+ Bedrooms | $212.5K | $950K | +347.1% |
Summary: Granby housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 347.1%.
Median Sold Price Compared To Nearby Cities
| Granby | $299.9K | $355K | +18.3% |
| Belchertown | $380K | $416K | +9.5% |
| South Hadley | $329K | $350K | +6.4% |
| Chicopee | $272.1K | $283.8K | +4.3% |
| Amherst | $463K | $469K | +1.3% |
Housing Supply in Granby, MA
How many homes are available in Granby, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Granby real estate market had 12 homes for sale in April 2024, a 14.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Granby housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granby, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Granby in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Granby, MA
How long does it take to sell a home in Granby, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 38 Days | +4.1% |
Summary: Homes in Granby had an average of 38 days on market in Apr 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granby are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Granby; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
