Friday, February 17, 2012

Western Massachusetts Real Estate Market Looking Good!

No doom and gloom here! 
Let the sun shine!
Great article today on MassLive.com about our real estate market, Coldwell Banker Upton-Massamont REALTORS share the optimism.

The median price of single-family homes sold in the Pioneer Valley fell by 10.6 percent in January.

In Hampshire County, sales fell 18.1 percent from 72 to 59 and the median price fell 6.8 percent from $236,000 to $220,000.

In Franklin County, sales fell 25.7 percent from 35 to 26 homes and the median price fell 11.9 percent from $162,000 to $142,750.

HERE IS THE SUNSHINE!

The Realtor Association said,  "Single-family sales under agreement ROSE 28.4 percent last month from 264 at the end of January 2011 to 339 at the end of last month".

The Massachusetts Association of REALTORS stated, "Confidence in the real estate market has gone up compared to the same time last year according to the January 2012 REALTOR® Market Index".