Friday, July 19, 2013
Prices Up, Inventory Low in Most Western Mass Markets
It was reported this week that the median price of a home in the Pioneer Valley rose 8.1 percent in June, from $185,000 in June 2012 to $200,000 last month in June 2013.
In Franklin County, sales were down 2 percent from 51 to 50. The median sales price rose 18.7 percent from $160,000 to $189,975.
The overall real estate market has improved, but the inventory of rural properties on the market remains high.
It has been a busy summer and I think the positive news on housing will continue.
Read more about the Pioneer Valley Sales.
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