Real Estate News

October 2019 Pioneer Valley Sales Report of Single Family Homes

Sales Report Real Estate Pioneer ValleySales of single family homes in Franklin County were down 4.8% and median price up 2.3% in October 2019 compared to October 2018. The sales were up 5.2% in Hampden County and 45.6% in Hampshire County. Median price was up in both Hampden and Hampshire Counties.

The average days on market was down 15.7% from 65 average number of days in October 2018 compared to 54 days in October 2019. Listings that are pending (under agreement to sell) were up 4.4% from 523 listings pending in October 2018 to 546 listings pending sale in October 2019.

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September 2019 Sales Report of Single Family Homes in the Pioneer Valley

Sales of single family homes in Franklin County were down 12.7% and median price up 15% in September 2019 compared to September 2018. The sales were up 3.3% in Hampden County and 33% in Hampshire County. Median price was up in both Hampden and Hampshire Counties. 

The average days on market was down 15.6% from 65 average number of days in September 2018 compared to 55 days in September 2019. Listings that are pending (under agreement to sell) were up 38% from 432 listings pending in September 2018 to 596 listings pending sale in September 2019.

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Franklin county local market update September 2019

August 2019 Sales Report of Single Family Homes in the Pioneer Valley

Sales of single family homes in Franklin County were down 6.8% and median price up 3.3% in August 2019 compared to August 2018. The sales were down 2.3% in Hampden County and 3.7% in Hampshire County. Median price was up in Hampden County and down in Hampshire County. 

The average days on market was up 1.2% from 55 average number of days in August 2018 compared to 56 days in August 2019. Listings that are pending (under agreement to sell) were up 16.9% from 543 listings pending in August 2018 to 635 listings pending sale in August 2019.

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July 2019 Sales Report of Single Family Homes in Pioneer Valley

single family homes pioneer valley massachusettsSales of single family homes in Franklin County were up 2.9% and median price up 4.7% in July 2019 compared to July 2018. The sales were down 5.8% in Hampden County and 0.6% in Hampshire County. Median price was up in both Hampden and Hampshire Counties. 

The average days on market was down 4.7% from 56 average number of days in July 2018 compared to 53 days in July 2019. Listings that are pending (under agreement to sell) were up 18.2% from 578 listings pending in July 2018 to 683 listings pending sale in July 2019.

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June 2019 Sales Report of Single Family Homes in Pioneer Valley

sold in massachusetts wanda mooneySales of single family homes in Franklin County were up 22% and median price up 14.2% in June 2019 compared to June 2018. The sales were down 15.5% in Hampden County and 11% in Hampshire County. Median price was up in both Hampden and Hampshire Counties. 

The average days on market was down 5.7% from 58 average number of days in June 2018 compared to 55 days in June 2019. Listings that are pending (under agreement to sell) were up 7% from 627 listings pending in June 2018 to 671 listings pending sale in June 2019.

This information is provided by the Realtor Association of Pioneer Valley.

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Pioneer Valley Sales Report Single Family Homes Massachusetts

May 2019 Sales Report of Single Family Homes in Pioneer Valley

real estate sales report pioneer valley massachusettsSales of single family homes in Franklin County were up 22.2% and median price up 3.7% in May 2019 compared to May 2018. The sales were up in Hampden County, while sales were down in Hampshire County. Median price was up in both Hampden and Hampshire Counties. 

The average days on market was up 4.2% from 68 days in May 2018 compared to 71 days in May 2019. Listings that are pending (under agreement to sell) were up 4.9% from 677 listings pending in May 2018 to 710 listings pending sale in May 2019.

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may 2019 single family home sales report pioneer valley

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March Sales Report of Single Family Homes in Pioneer Valley

 

Sales of single family homes in Franklin County were down 25% and median price up 2.2% in March 2019 compared to March 2018. The sales were down in Hampshire and up in Hampden County. Median price was down in both Hampden and Hampshire County. 

The average days on market was up 15% from 97 days in March 2018 compared to 82 days in March 2019. Listings that are pending (under agreement to sell) were up 17.6% from 518 listings pending in March 2018 to 609 listings pending sale in March 2019.

 

March Sales Report by County

 

March Sales Report Key Points

March Local Market Update Franklin County

March Local Market Update Franklin County

 

 

 

 

 

 

 

 

 

 

 

Attention Air Bnb Hosts: New Short Term Rental Laws in Massachusetts

If you are currently listing part or all of your home on Air Bnb or are considering renting out a space in your home for short term periods, you’ll want to pay close attention to the new short term rental laws in Massachusetts. These new laws will require all short term rentals to be registered in a database with the state. The law also imposes a 5.7% hotel room tax to all short term rentals. Plus, towns and cities can choose to add an additional tax of up to 6% (6.5% in Boston) and a 3% community impact fee. Concerning the matter of insurance, people renting out a room will need to have at least $1 million in liability insurance.

When do these laws go into effect?
The state-level laws are already in effect, but towns and cities will have the option to create their own restrictions around short-term rentals.

How is a short-term rental defined in this law?
These new short term rental laws apply to all rentals for a period of 31 days or less, but does not apply to properties rented less than 14 days out of the year. Ordinary tenancies, such as an annual lease or tenancy-at-will, are not affected by this bill.

How does this law apply to rentals already booked for 2019?
Any 2019 rental booked before December 31, 2018 is exempted from the short term rental law.

Be sure to check with your city or town to see if they will implement any further restrictions on short term rentals.

Click here for more information. 
 

November Real Estate Market Report Pioneer Valley

Franklin County sales were down 23.2% and the median price up 8.1% in November, 2018 compared to November, 2017.  The sales were up in both Hampshire and Hampden County. 

Inventory of single family homes fell in Pioneer Valley 14.9% from 1,800 single family homes for sale at the end of November, 2017 to 1,531 at the end of November, 2018.  

The average days on market is down 13.1% from 79 days in November, 2017 to 69 days in November, 2018. Listings which are pending (under agreement to sell) are down 8.0% from 464 in November, 2017 to 427 in November, 2018.

The sale reports are provided from the Realtor Association of Pioneer Valley.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wanda Mooney Selected as Franklin County's Favorite Real Estate Agent

Recently the Greenfield Recorder held their reader’s choice award, Franklin Favorites. I am so honored to have been voted the winner for the category of Best Local Real Estate Agent. Out of all the awards I have received in my career, this one means the most to me. Franklin County is a place I will always call home and it is such a joy to be selected by my neighbors for this award. Thank you so much to everyone who voted for me and congrats to all of the other winners. I look forward to continuing to serve Franklin County.