Title /blog/category/market-statistics-1/?format=rss A blog feed. en-US Mon, 28 May 2018 18:05:51 -0400 April Real Estate Sales Report for the Pioneer Valley https://www.wandamooney.com/blog/posts/2018/05/28/april-real-estate-sales-report-for-the-pioneer-valley/ <p><img alt="" class="featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/33413476_10155458542605233_3187708565129265152_o.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 400px;">Franklin County sales were down&nbsp;11.8% and the median price went up by 9.7% in April, 2018&nbsp;compared to April, 2017.&nbsp; The sales were also down and median price up in both Hampshire and Hampden County.&nbsp;</p> <p>Inventory of single family homes fell in Pioneer Valley 31.3&nbsp;percent from 1,832 single family listings at the end of April&nbsp;2017, to 1,258&nbsp;single family listings at the end of April&nbsp;2018.&nbsp;&nbsp;</p> <p>The average days on market dropped 18.5% from 95 days in April&nbsp;2017 to 78&nbsp;days in April&nbsp;2018.&nbsp;Listings which are pending (under agreement to sell) are up 16.6&nbsp;percent from 578&nbsp;in April&nbsp;2017 to 674&nbsp;in April 2018.</p> <p><span style="font-size:10px;"><em>The sale reports are provided from the Realtor Association of Pioneer Valley.</em></span></p> <p><span style="font-size:10px;"><em><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/PV%20Sales.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 535px;"></em></span></p> <p>&nbsp;</p> <p><span style="font-size:10px;"><em><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Key%20Points.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 617px;"></em></span></p> <p><span style="font-size:10px;"><em><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Franklin%20County.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 777px;"></em></span></p> <p><span style="font-size:10px;"><em><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Pioneer%20valley.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 798px;"></em></span></p> Pioneer Valley Area Updates Market Statistics Franklin County Real Estate News Mon, 28 May 2018 18:05:51 -0400 February Real Estate Sales Report for the Pioneer Valley https://www.wandamooney.com/blog/posts/2018/04/02/february-sales-report-for-the-pioneer-valley/ <p><img alt="" class="featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/unnamed.png" style="border-width: 5px; border-style: solid; margin: 5px; float: left; width: 350px; height: 130px;">What a difference a year can make.&nbsp; Inventory is at an all time low and average sales price is on the rise.</p> <p>Franklin County sales were up 36.4% and the median price went up by 45.8% in&nbsp;February, 2018&nbsp;compared to February, 2017.&nbsp; The sales and median price also increased in both Hampshire and Hampden County.&nbsp;</p> <p>Inventory of single family homes fell in Pioneer Valley 31.1&nbsp;percent from 1,668&nbsp;single family listings at the end of February&nbsp;2017, to 1,149&nbsp;single family listings at the end of February&nbsp;2018.&nbsp;&nbsp;</p> <p>The average days on market dropped 26.6% from 114&nbsp;days in February&nbsp;2017 to 84&nbsp;days in February&nbsp;2018.&nbsp;Listings which are pending (under agreement to sell) are up 17.2&nbsp;percent from 361&nbsp;in February&nbsp;2017 to 423&nbsp;in February&nbsp;2018.</p> <p><span style="font-size:10px;"><em>The following reports are provided by the Realtor Association of Pioneer Valley.</em></span></p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/RAPV%20Sales%20Report.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 341px;"></p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/FC.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 777px;"></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/PV.jpg" style="border-width: 1px; border-style: solid; margin: 5px; float: left; width: 600px; height: 342px;"></p> Pioneer Valley Area Updates Market Statistics Franklin County Real Estate News Mon, 02 Apr 2018 07:04:25 -0400 October Real Estate Sales Report for Pioneer Valley https://www.wandamooney.com/blog/posts/2017/11/24/october-real-estate-sales-report-for-pioneer-valley/ <p>Franklin County sales were down 13.1% and the median price was down 13.1% in October, 2017&nbsp;compared to October, 2016.&nbsp; The sales and median price was up in Hampshire and Hampden County.&nbsp; I anticipate a reduction in the number of sales&nbsp;as we approach the winter season.&nbsp; The inventory of homes for sale is low which means it is a great time to keep your house on the market.&nbsp; Your house will stand out more because there is&nbsp;less competition on the marketplace and buyers do purchase homes during the winter months.&nbsp;&nbsp;</p> <p>The following reports will be posted monthly keeping you informed of the local real estate market.&nbsp; &nbsp;</p> <p><u><strong>PIONEER VALLEY - KEY REAL ESTATE POINTS:</strong></u></p> <p><strong>Sales</strong>&mdash;Up 20.6&nbsp;percent from 432 in October 2016 to 521 in October, 2017.</p> <p><strong>Median Price</strong>&mdash; Up 6&nbsp;percent from $194,000 in October 2016 to $205,550&nbsp;in October&nbsp;2017.</p> <p><strong>Inventory of available property</strong>&mdash;Inventory fell 24.7&nbsp;percent from 2,303&nbsp;single family listings at the end of October 2016, to 1,734&nbsp;single family listings at the end of October&nbsp;2017.</p> <p><strong>Supply</strong>&mdash;The supply of single-family properties on the market at the current rate of sale dropped 28.9&nbsp;percent. At the end of October&nbsp;2016 there were 4.9&nbsp;months of supply at the current rate of sale. At the end of October&nbsp;2017 there were 3.5&nbsp;months of supply at current rate of sale.</p> <p><strong>Days on Market</strong>&mdash;The average days on market dropped 21.2&nbsp;percent from 81&nbsp;days in October&nbsp;2016 to 64&nbsp;days in October 2017.</p> <p><strong>Pending Sales</strong>&mdash;Listings which are pending (under agreement to sell) are up 21.1 percent from 475&nbsp;in October&nbsp;2016 to 575&nbsp;in October 2017.</p> <p><strong>Mortgage Rates 30-year fixed-rate mortgage</strong> (FRM) averaged 3.95 percent with an average 0.5 points for the week ending November 16, 2017 . Last year at this time the 30-year FRM averaged 3.94&nbsp;percent with an average 0.5 points. (Source: www.FreddieMac.com)</p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/News%20Release.jpg" style="width: 750px; height: 806px; border-width: 2px; border-style: solid; margin: 2px; float: left;"></p> <p><img alt="" class="featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Franklin%20County.jpg" style="border-width: 2px; border-style: solid; margin: 2px; float: left; width: 750px; height: 977px;"></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Pioneer%20Valley.jpg" style="border-width: 2px; border-style: solid; margin: 2px; float: left; width: 750px; height: 998px;"></p> Pioneer Valley Area Updates Market Statistics Selling Tips Wanda Mooney Franklin County Western Mass Real Estate News Fri, 24 Nov 2017 00:11:00 -0500 August Real Estate Sales Report for Pioneer Valley https://www.wandamooney.com/blog/posts/2017/10/10/august-real-estate-sales-report-for-pioneer-valley/ <p>Real estate sales of single family homes in Franklin County&nbsp;for the month of August was up 37.9% and the median price up 3.2% compared to August of 2016.&nbsp; The market continues to be very busy and there is no sign of a slow down.&nbsp; There is a limited amount of homes for sale and in some areas real estate agents are experiencing multiple offer situations.&nbsp; It is a great time to sell!</p> <p><b><u>Pioneer Valley - Key Real Estate Points:</u></b></p> <p><strong>Sales -&nbsp;</strong>Up 7.8&nbsp;percent from 639&nbsp;in August&nbsp;2016 to 689&nbsp;in August&nbsp;2017.</p> <p><strong>Median Price -</strong> Up 1.2&nbsp;percent from $210,000 in August&nbsp;2016 to $212,500 in August&nbsp;2017.</p> <p><strong>Inventory of available property -&nbsp;</strong>Inventory fell 25.9&nbsp;percent from 2,517&nbsp;single family listings at the end of August&nbsp;2016, to 1,865&nbsp;single family listings at the end of August&nbsp;2017.</p> <p><strong>Supply -&nbsp;</strong>At the end of August 2016 there were 5.3&nbsp;months of supply at the current rate of sale. At the end of August&nbsp;2017 there were 3.8&nbsp;months of supply at current rate of sale.</p> <p><strong>Days on Market -&nbsp;</strong>The average days on market dropped 27.1&nbsp;percent from 88&nbsp;days in August 2016 to 64&nbsp;days in August&nbsp;2017.</p> <p><strong>Pending Sales -&nbsp;</strong>Listings which are pending (under agreement to sell) are up 12.9&nbsp;percent from 533&nbsp;in August&nbsp;2016 to 602 in August&nbsp;2017.</p> <p><strong>Mortgage Rates -&nbsp;</strong>30-year fixed-rate mortgage (FRM) averaged 3.8&nbsp;percent with an average 0.5 points for the week ending August 31, 2017 . Last year at this time the 30-year FRM averaged 3.8&nbsp;percent with an average 0.6&nbsp;points. (Source: www.FreddieMac.com)</p> <p><strong><em>Check out the charts for detailed comparisons provided by Realtor Association of Pioneer Valley and Massachusetts Association of Realtors.</em></strong></p> <p><strong><em><img alt="" class="featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/News%20Release.jpg" style="border-width: 1px; border-style: solid; float: left; width: 600px; height: 645px;"></em></strong></p> <p><strong><em><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Franklin%20County.jpg" style="border-width: 1px; border-style: solid; float: left; width: 600px; height: 650px;"></em></strong></p> Pioneer Valley Area Updates Market Statistics Franklin County Tue, 10 Oct 2017 11:10:16 -0400 July Real Estate Sales Report for Pioneer Valley https://www.wandamooney.com/blog/posts/2017/08/29/july-real-estate-sales-report-for-pioneer-valley/ <p>The month of July resulted in a robust real estate market for Franklin County! Compared to July of last year Franklin County beat the Pioneer Valley region with sales up by 15.4%. &nbsp;</p> <p><b><u>Pioneer Valley - Key Real Estate Points:</u></b></p> <p><strong>Sales -&nbsp;</strong>Up 5.3 percent from 586 in July 2016 to 617 in July 2017.</p> <p><strong>Median Price -&nbsp;</strong>Down 1 percent from $222,250 in July 2016 to $220,000 in July 2017.</p> <p><strong>Inventory of available property -&nbsp;</strong>Inventory fell 28.4 percent from 2,536 single family listings at the end of July 2016, to 1,817 single family listings at the end of July 2017.</p> <p><strong>Supply -&nbsp;</strong>At the end of July 2016 there were 5.4 months of supply at the current rate of sale. At the end of July 2017 there were 3.7 months of supply at current rate of sale.</p> <p><strong>Days on Market -&nbsp;</strong>The average days on market dropped 36.3 percent from 99 days in July 2016 to 63 days in July 2017.</p> <p><strong>Pending Sales -&nbsp;</strong>Listings which are pending (under agreement to sell) are up 24.6 percent from 505 in July 2016 to 629 in July 2017.</p> <p><strong>Mortgage Rates -&nbsp;</strong>30-year fixed-rate mortgage (FRM) averaged 3.9 percent with an average 0.5 points for the week ending July 28, 2017 . Last year at this time the 30-year FRM averaged 3.4 percent with an average 0.5 points. (Source: www.FreddieMac.com)</p> <p><strong><span style="font-size:11px;"><em>Check out the charts for detailed comparisons provided by Realtor Association of Pioneer Valley and Massachusetts Association of Realtors.</em></span></strong></p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/July%20Stat.jpg" style="border-width: 1px; border-style: solid; float: left; width: 700px; height: 761px;"></p> <p>&nbsp;</p> <p>&nbsp;</p> <p><img alt="" class="featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Franklin%20County%20Market%20July.jpg" style="border-width: 1px; border-style: solid; float: left; width: 700px; height: 950px;"></p> Hampshire County Pioneer Valley Area Updates Market Statistics Franklin County Tue, 29 Aug 2017 20:08:54 -0400 Pioneer Valley Moving Into Seller's Market https://www.wandamooney.com/blog/posts/2017/07/27/pioneer-valley-moving-into-seller-market/ <p><img alt="" class="featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/IMG_2878.JPG.jpg" style="width: 175px; height: 229px; float: right;">An article recently published by Mass Live announced that the Pioneer Valley is moving into a &ldquo;seller&rsquo;s market&rdquo;.&nbsp; This means that the real estate market is currently favoring sellers, rather than buyers. The lack of homes for sale puts pressure on buyers to move quickly in their purchasing actions, or else risk losing out on getting the house they wanted.</p> <p>According to the article, sales of single-family homes in June 2017 are fewer than in June 2016, while the median sales price rose. Also, the average number of days a home is on the market for June 2017 has decreased compared to June 2016. Specifically in Franklin County, sales are down 1.3 percent with 75 sales in June 2016 and 74 sales in June 2017 and the median price rose 16.3 percent from $224,000 to $260,500.</p> <p>So what does all this mean for you? In a seller&rsquo;s market, desirable houses sell quickly. If you are pursuing a new home, act in a timely manner. On the other hand, if you have been thinking of putting your home on the market, now is a good time to do so. However, sellers sometimes get overexcited in a seller&rsquo;s market and might ask too high of a price. This leads to their house sitting on the market for too long. Make sure to maintain reason when listing your home.</p> <p>For more advice on how to act in a seller&rsquo;s market of if you are thinking of buying or selling, get in touch with Wanda Mooney at (413) 768-9848 or <a href="mailto:wanda@wandamooney.com">wanda@wandamooney.com</a>.</p> <p>To read the full article on masslive.com <a href="http://www.masslive.com/business-news/index.ssf/2017/07/sellers_market_home_sales_slow_across_pi.html" target="_blank">click here</a>.</p> <p><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/IMG_2766.jpg" style="width: 200px; height: 150px; float: left;"></p> Ashfield Hampshire County Pioneer Valley Area Updates Market Statistics Market Statistics Selling Tips sellers buyers coldwell banker Wanda Mooney Franklin County Hilltowns Western Mass Buckland Shelburne Falls northampton Greenfield Thu, 27 Jul 2017 23:07:14 -0400 Western Mass Real Estate Sales https://www.wandamooney.com/blog/posts/2017/01/18/western-mass-real-estate-sales/ <p>&nbsp;</p> <p style="text-align: justify;">2016 was my best year in real estate and I know it is the same for many of my colleagues. &nbsp;I&#39;m&nbsp;anticipating the real estate market to remain stable in 2017 and don&#39;t foresee any increases in sale prices or number of transactions. &nbsp;January has already&nbsp;started off to be very busy with many sellers getting their homes ready to sell this spring. &nbsp; &nbsp;</p> <p style="text-align: justify;">Below is a&nbsp;3 year market snapshot showing you the median sale price, number of real estate sales and average amount of time to sell of single family homes in the Pioneer Valley, Franklin County area and&nbsp;the hill towns of West County. &nbsp; As you can see the hill towns still take longer to sell but our&nbsp;median price range is higher than Franklin County and entire Pioneer Valley region. &nbsp;There is a drastic increase across the region&nbsp;in the number of homes that sold.&nbsp; &nbsp;As long as the mortgage interest rates continue to be at an all time low giving&nbsp;buyers the ability to borrow more, I don&#39;t foresee a slow down in the market. &nbsp;</p> <p style="text-align: justify;">If you have interest in moving and would like to know the value of your home, feel free to give me a call at 413-337-8344 or email wanda@wandamooney.com. &nbsp;&nbsp;</p> <p style="text-align: justify;"><em><span style="font-size:10px;">The figures below are taken from the multiple listing service and do not include private sales.</span></em>&nbsp;&nbsp;<span style="font-size:10px;"><em>West County includes the towns of Ashfield, Buckland, Charlemont, Colrain, Conway, Heath, Hawley, Monroe, Rowe, and Shelburne.</em></span></p> <p><img alt="" class="featured featured featured featured featured featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Market%20Snapshot%20Sheet1.jpg" style="border-width: 5px; border-style: solid; margin: 2px; float: left; width: 700px; height: 352px;"></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> Pioneer Valley Area Updates Market Statistics Franklin County Wed, 18 Jan 2017 02:01:02 -0500 Homes Sales Report for West County, Franklin County & Pioneer Valley https://www.wandamooney.com/blog/posts/2016/01/19/homes-sales-report-for-west-county-franklin-county-pioneer-valley/ <p>Now that 2015 has come to a close I can reflect on the real estate market in the hilltowns of West County. Compared to previous years, the real estate values for single-family homes continue to remain relatively steady. The median price in 2014 was $214,750 and $212,500 in 2015. The median price of single-family homes in West County is 13% higher than the Franklin County area and 8% higher than all of Pioneer Valley.</p> <p>The number of transactions dropped from 94 sales in 2014 to 74 sales in 2015. This is a substantial drop so I researched how many sales occurred in previous years. I discovered in 2012 there were 74 sales and 2013 we had 75 sales. Why the increase in 2014? Interest rates were at an all time low combined with the threat rates would go up created urgency for folks to buy. I also feel it was a time when people started to feel good about investing and our second home market started to regain strength.</p> <p>One thing about selling country properties is it does take longer on average to sell than other parts of the region. West County&#39;s average days on market for 2015 was 184, and in Franklin County, it was 154 days and the entire Pioneer Valley it was 121 days.&nbsp;</p> <p>I am noticing an increase in first-time homebuyers looking to purchase their first home and some are relocating here. Living in the <a href="http://www.shelburnefalls.com" target="_blank"><strong>village of Shelburne Falls</strong></a> continues to be a desirable move for many. The expansion of <a href="http://berkshireeast.com" target="_blank"><strong>Berkshire East Ski Resort</strong></a> will be a positive move, especially for the second home market. I don&#39;t foresee any significant changes in 2016 and anticipate the market to remain stable. You can always keep tabs on</p> <p style="text-align: center;"><img alt="" class="featured featured featured" src="https://s3.amazonaws.com/files.usmre.com/5577/blog/Wanda%20SFI%20Ad%20MReport%20(2).jpg" style="font-size: 0.7em; line-height: 1.3; width: 500px; height: 509px;"></p> Market Statistics Market Statistics sellers buyers Tue, 19 Jan 2016 23:01:26 -0500