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Real Estate Market Today in the Pioneer Valley

Market WatchComing off of a long, cold winter the real estate markets in Franklin & Hampshire County are picking up as fast as it is warming up.  Glad to see more properties heading to the real estate market giving Buyers more options to find their dream home.

Today in Franklin County there are 306 homes available for sale with the average list price of $259,881.  These properties have been on the market on average 226 days and have an average list price per square foot of $140.00.

In Hampshire County there are 518 homes available for sale with an average list price of $350, 186.  These homes have an average days on market of 189 with a list price average square foot of $169.00

The tables below share real estate stats over the last 3 months for properties under agreement and for properties that have sold.  Tracking this information helps us see the direction of our market in the short term.  Property for sale is down right now but we are seeing signs that the inventory is picking up.  Keep a look out for more information on specific towns in upcoming post.

If you are looking to put you home on the real estate market, we have recently posted some information on getting your home ready and what to do next.  Feel free to contact us for a detailed conversation on the real estate market condition and what the process is to list your property for sale.

Franklin County Real Estate Market Stats for Jan. 14, 2015-April 14, 2015

Single Family Homes for Sale 4/14: 306

Average Days on Market:                    226 Average List Price:                     $259,881 Average List/SqFt:                       $140.00

Single Family Under Agreement:   37 Average Days on Market:                   209 Average Price:                             $185,138 Median Price:                             $179,000

Single Family Homes Sold 1/14-4/14: 32 Average Days on Market:                      151 Average Sale Price:                      $227,892 Median Sale Price                        $182,500 Highest Sale Price:                   $1,150,000 Lowest Sale Price:                         $40,000 Average Sold/SqFt:                        $125.00

Homes Sold Over $300,000:                   5 Homes Sold in $200,000 Range:            8 Homes Sold Up to $199,900:                 19

Hampshire County Real Estate Market Stats for Jan 14, 2015-April 15, 2015

Single Family Homes for Sale 4/14:    518

Average Days on Market:                       189 Average List Price:                        $350,186 Average List/SqFt:                          $169.00

Single Family Under Agreement:         115 Average Days on Market:                      126 Average Price:                               $304,253 Median Price:                               $269,000

Single Family Homes Sold 1/14-4/14: 69 Average Days on Market:                      163 Average Sale Price:                      $268,282 Median Sale Price                        $255,000 Highest Sale Price:                      $525,000 Lowest Sale Price:                          $70,000 Average Sold/SqFt:                         $151.00

Homes Sold Over $300,000:                 27 Homes Sold in $200,000 Range:          16 Homes Sold Up to $199,900:                 26


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