KEY POINTS
Pioneer Valley Single-Family Homes
Inventory – Rose 6.7 percent from 2,488 single family listings at the end of the 1st Quarter 2011 to 2,655 single family listings at the end of the 1st Quarter 2012.
Days on Market - The average days on market rose 7 percent from 157 to 168.
An Eight Year View - The median price decreased 14.5 percent from $187,700 at the end of the 1st Quarter 2005 to $163,900 at the end of the 1st Quarter 2012.
Mortgage Rates - 30-year fixed-rate mortgage (FRM) averaged 3.99 percent with an average 0.7 points for the week ending March 29, 2012. Last year at this time, the 30-year FRM averaged 4.86 percent with an average 0.7 points. (source: FreddieMac.com)
Listings Under Agreement - Single family listing which are under agreement rose 31.3 percent from 886 at the end of the 1st Quarter 2011 to 1,163 at the end of the 1st quarter 2012.
This information is provided by the Realtor Association of Pioneer Valley
No comments:
Post a Comment