pioneer valley homes for sale: Percentages can be misleading...
- 04/21/21 12:57 PM
Every month, the Realtor Association both local and State releases the monthly single-family and condo sales report. Among other statistics it covers the number of sales and the median price compared to the previous year. It is presented by county and the entire Pioneer Valley as a whole, covering all three counties. The percentage posted can differ significantly from month to month. As a result, it may give a misleading picture of the market, especially in Franklin County, where the number of homes that sell in any given month is modest. For example, in February, the numbers show that Franklin County saw … (0 comments)
pioneer valley homes for sale: What it means to own a Condo
- 11/17/20 11:12 AM
What does it mean to own a Condo? What do you own? You own the dwelling, also known as the unit. Each unit owner owns all the land in common, common hallways, and amenities like pools and laundry facilities. As an owner, you will receive a unit deed and the master deed of the entire development. Each unit owner is a member of the condo association. The association is organized by officers who are in charge of the basic functions of the association. In addition, some associations will hire a management company to manage their development. The association usually will meet once … (0 comments)
pioneer valley homes for sale: Condos in High Demand
- 11/17/20 10:59 AM
The condo market continues to be very strong as condos in the Valley are in high demand. Much of the interest is coming from retirees and soon to be retirees, especially the single-level units. The Realtor Association of the Pioneer Valley reports a decrease in sales in September 2020 over 2019 by 3.7 and 8% year to date. Pending sales are up 22.4%. However, there was an increase of condos listed in September 2020, a 12.2 % increase over September 2019, and a 99.3% list to the sale price. There is only a 1.7 supply—a 44.1% drop in inventory from last year. Franklin … (0 comments)
pioneer valley homes for sale: Checking in on the Market
- 11/17/20 10:46 AM
Numbers are in for September numbers confirming the robust market continues. The Sales of Single Family homes throughout the Valley are 6.9%, and the median price is up 15.2%. Franklin County is up 10%, while Hampshire County is down 24.8%. Franklin County saw as 9.5% increase in the median price as the high-end homes continue to sell at a record pace. However, year to date, sales are down 4.5%. Considering the market coming to a screeching halt with the announcement of the pandemic, this is understandable. Pending sales up 18.9% 53 to 63 homes in September year over year. The good … (0 comments)
Pioneer Valley Sales down 15.4% Median Price up 7.5%
Pioneer Valley all 3 Counties Sales down 15.4% ~ Median Price up 7.5%
Days on Market on average 95 days down 5.4% in March 2018 from 101 days in March 2017 Pending sales - on average 598 up 11.6% in March 2018 from 536 in March 2017 Inventory of available single family homes - end of March 2018 1,147 down 32.2% to 1,691 end of March 2017 At the end of March 2018 there was a 2.3 month supply of inventory. At the end of March 2017 - 3.5 months … (0 comments)
Pioneer Valley Sales up 17.2% Median Price up 1.0%
Pioneer Valley all 3 Counties Sales up 17.2% ~ Median Price up 1.0%
Days on Market on average 83 days down 11.3% in January 2018 from 94 days in January 2017 Pending sales - on average 392 up 8.9% in January 2018 from 360 in January 2017 Inventory of available single family homes - end of January 2018 1,162 down 32.6% to 1,725 end of January 2017 At the end of January 2018 there was a 2.5 month supply of inventory. At the end of January 2017 - 3.7 months of supply (6-8 months is considered balanced) The market has consistantly experienced … (0 comments)
Every month, the Realtor Association both local and State releases the monthly single-family and condo sales report. Among other statistics it covers the number of sales and the median price compared to the previous year. It is presented by county and the entire Pioneer Valley as a whole, covering all three counties.
;)
;)
;)
