Pioneer Valley single-family home prices up in all three counties, sales up in Hampshire and Hampden Reply

Call Michael Seward at 413-531-7129 if you plan on buying or selling a home in the Pioneer Valley

Call Michael Seward at 413-531-7129 if you plan on buying or selling a home in the Pioneer Valley

Single-family home sales were up 2% and median single-family home prices were up 10.5% in the Pioneer Valley during the month of September when compared to the same period last year, according to data released from the REALTOR® Association of Pioneer Valley.

Overall, single-family home prices rose 2% in September with 8 more homes sold when compared with the same period last year.  Median single-family home prices rose 10.5%, from $172,000 to $190,000.  There was also less inventory in the Pioneer Valley with a 4.3% increase when compared to September of last year.  The average number of days a single-family home stayed on the market 22.8%, from 136 days in September 2012 to 105 days in September 2013. 

Hampshire County saw the largest improvement in the number of sales, while Hampden County saw the largest improvement in median home prices.  While Franklin County saw an improvement in median prices, there was a sharp decline in sales.

Here is the data by county:

County

Sales Change

Median Price Change

Closed Units

Franklin

Down 27%

Up 5%

35

Hampden

Up 3.1%

Up 14.7%

268

Hampshire

Up 15%

Up 5.4%

100

Single-family home sales fell 27% in September when compared to the same period last year, from 48 sales to 35 sales.  Median single-family home prices rose from $180,000 to $189,000 for a 5% increase, however. 

In Hampshire County, the number of single-family home sales rose 15%, from 87 units to 100 units.  Median single-family home prices climbed 5.4% in September when compared to the same period last year, from $246,581 to $260,000.

Sales and prices were also up in Hampden County, where sales inched up 3.1% when compared to the same period last year, from 260 units to 268 units. Median single-family home prices rose 14.7%, from $153,000 to $175,500. 

If you are planning on buying or selling a home in the Pioneer Valley, make your first call to Michael Seward at 413-531-7129.  Michael Seward is a Certified Residential Specialist, a Certified Buyers Agent, A Certified Loss Mitigation Specialist, a Certified New Homes Specialist, and Green designee of the National Association of REALTORS®.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s