homes for sale western mass: Why Aren't More Homeowners Selling Their Homes?
- 06/27/26 05:09 AM
Quite often I get questions from buyers who are frustrated by the lack of homes available for sale. One of the most common questions is, "If prices are still strong and homes are selling quickly, why aren't more people putting their homes on the market?" It's a great question, and the answer comes down to several factors that are keeping many homeowners on the sidelines. The Mortgage Rate Lock-In Effect Perhaps the biggest reason is mortgage rates. Millions of homeowners purchased or refinanced their homes during the historically low interest rate environment of 2020 and 2021. Many secured mortgage rates between 2.5% and 4%. Today, mortgage … (1 comments)
homes for sale western mass: Market Update for May 2026 in Franklin and Hampshire County MA
- 06/21/26 05:01 AM
Franklin County: Limited Inventory Driving Prices HigherFranklin County experienced a decline in closed sales during May, with 36 single-family homes sold compared to 50 during the same month last year. However, fewer sales did not translate into lower prices. The median sales price increased nearly 15%, rising from $367,500 to $421,290. Inventory remains the primary story, with available homes for sale down more than 30% compared to last year, helping support home values and keeping competition alive among buyers. Hampshire County Continues to Show Strong MomentumClosed sales increased 12.3%, rising from 81 homes sold last year to 91 this year. The median … (2 comments)
homes for sale western mass: Why Some Homes Get Multiple Offers While Others Don't
- 06/15/26 02:25 AM
The Question Many Sellers Are Asking If you've been following the real estate market lately, you've probably heard stories about homes receiving multiple offers within days of being listed. At the same time, other properties remain on the market much longer than expected. Many homeowners wonder how both can be true, especially when inventory remains limited throughout Franklin County and much of Massachusetts. Pricing Still Drives Buyer Activity One of the biggest reasons some homes receive multiple offers is proper pricing. Buyers today have access to more information than ever before. Within minutes, they can compare listings, review recent sales, and determine whether a … (5 comments)
homes for sale western mass: Why Aren't There More Homes for Sale?
- 06/07/26 04:27 AM
The Question Everyone Is Asking If you've been searching for a home recently, you've probably noticed one thing—there simply aren't enough homes available. Many people assume higher mortgage rates are the main reason housing remains expensive, but the reality is more complex. Across Massachusetts—and especially here in Franklin County—the biggest challenge facing today's housing market is a lack of inventory. Massachusetts Faces a Significant Housing Shortage According to state housing planners, Massachusetts is expected to need approximately 222,000 additional housing units between 2025 and 2035 to meet demand and eliminate the current housing shortage. In Western Massachusetts alone, studies estimate a shortage of approximately … (4 comments)
homes for sale western mass: Franklin County Real Estate Market Update April 2026
- 05/24/26 05:45 AM
Franklin County Market Remains Active This Spring The Franklin County real estate market continued to show steady buyer activity throughout April, even as inventory remains limited across the region. According to the REALTOR® Association of Pioneer Valley, Franklin County single-family home sales increased 10.7% year over year, rising from 28 sales in April 2025 to 31 sales in April 2026. Meanwhile, the median single-family sales price adjusted downward by 9.2%, moving from $380,000 to $345,000. The condominium market also saw significant movement this month. Condo sales in Franklin County doubled year over year, increasing from 6 sales in April 2025 to 12 sales … (3 comments)
The condo market remained steady, with strong sales activity and continued buyer demand, even as inventory and pricing showed some variation. Pioneer Valley Condo Market Overview Sales increased by 8.4% Median price around $260,000 Days on market increased from 35 to 44 days New listings slightly down overall Pending sales up 3.2% Even with some fluctuations in listings, the increase in pending sales shows continued buyer activity heading into 2026. Franklin County Condo Market Closed sales up … (1 comments)
Quite often I get questions from buyers who are frustrated by the lack of homes available for sale. One of the most common questions is, "If prices are still strong and homes are selling quickly, why aren't more people putting their homes on the market?"
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