Single Family Home Sales Report ~January 2018 ~ Pioneer Valley MA

By
Real Estate Broker/Owner with FITZGERALD Real Estate 9500521

 Single Family Home Sales Report- January 2018 

Pioneer Valley- Massachusetts

Franklin, Hampshire and Hampden Counties

Source - Realtor Association of the Pioneer Valley

 

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%

  2017 2018
Closed Sales (units) 343 402
Median Sales Price $195,000 $197,000

 

Franklin County

Sales up 27.0% ~ Median Price down 2.1%

  2017 2018
Closed Sales (units) 37 47
Median Sales Price $189,000 $185,000

 

Hampshire County

Sales down 5.6% ~ Median price up 1.2%

  2017 2018
Closed Sales (units) 89 84
Median Sales Price $242,000. $245,,000

 

Hampden County

Sales up 26.2% ~ Median Price up 8.8%

  2017 2018
Closed Sales (units) 221 279
Median Sales Price $170,000 $185,000

 

 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 a drop in inventory.  

Mortgage Rate4.15 in 2018 - 4.19 in 2017 - 30 year fixed rate                                                          (week ending Jan 25) source: www.FreddieMac.com

 

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/Users/corinnefitzgerald/Library/Containers/com.microsoft.Outlook/Data/Library/Caches/Signatures/signature_959790103FITZGERALD Real Estate  

Corinne A Fitzgerald
AHWD, CBR, CHMS, CIPS, CRS, GRI, PMN
FITZGERALD Real Estate
116 Federal Street
Greenfield, MA 01301
413-320-9509  cell/text
413-376-4433 direct office line

 Corinne@Realtor.com
 2015 President - Massachusetts Association REALTORS®
         2012 President – REALTOR® Association of the Pioneer Valley

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Topic:
Real Estate Market Trends
Location:
Massachusetts Franklin County
Tags:
days on market
pending sales
franklin county homes for sale
hampshire county homes for sale
pioneer valley homes for sale
hamden county homes for sale
january 2018 single family sale
single family homes inventory

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Corinne Fitzgerald

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