Single Family Home Sales - March 2018 - Pioneer Valley Western MASS

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Real Estate Broker/Owner with FITZGERALD Real Estate 9500521

 Single Family Home Sales Report- March 2018 

Pioneer Valley- Massachusetts

Franklin, Hampshire and Hampden Counties

Source - Realtor Association of the Pioneer Valley

 

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%

  2017 2018
Closed Sales (units) 422 357
Median Sales Price $188,750 $203,000

 

Franklin County

Sales down 14.6% ~ Median Price up 20.6%

  2017 2018
Closed Sales (units) 41 35
Median Sales Price $175,000 $211,000

 

Hampshire County

Sales even  ~ Median price up 7.3%

  2017 2018
Closed Sales (units) 71 71
Median Sales Price $273,000. $253,000

 

Hampden County

Sales down 19.7% ~ Median Price up 8.3%

  2017 2018
Closed Sales (units) 314 252
Median Sales Price $175,000 $189,450

 

 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 of supply (6-8 months is considered balanced)

The market has consistently experienced a drop in inventory.  

Mortgage Rate4.44 in 2018 - 4.20 in 2017 - 30 year fixed rate                                                          (week ending March 31, 2018) 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:
homes for sale
days on market
pending sales
franklin county homes for sale
hampshire county homes for sale
pioneer valley homes for sale
franklin county homes sales
hampshire county home sales
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Corinne Fitzgerald

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