The REALTOR Association of Pioneer Valley has just released some great news with the lastest sales statistics for October. The stats show an increase in the number of homes sold are up 9% in Hampden County.
October Single Family Sales for the entire Pioneer Valley show sales up 18.4% • Median price down 4.1%
The report for Hampden County Home Sales shows Sales up 9.0% · Median Price down 2.8%
Hampshire County Home Sales reports Sales up 31.4% · Median price up 3.2%
Franklin County Home Sales statistics are Sales up 71% · Median Price down 11.5%
What does this news actually MEAN to those considering selling a home in Western Massachusetts?
- Inventory is down 14% over last year
- The tax credit has been extended and expanded beyond just 1st time buyers to move up buyers as well
- Rates continue to remain at historic lows
- Sellers are seeing great prices and in some cases – multiple offers!
Now is a great time to sell your home and take advantage of all these once in a lifetime incentives! If you are considering a move in Western Massachusetts then contact Lesley Lambert of Park Square Realty in Westfield, MA.