March Real Estate Update for the Pioneer Valley Region - Sales are Up!

March 2015 Single Family Sales Report

Key Points - Pioneer Valley Single Family Homes

• Sales - Up 14.2  percent from 246 in March 2014 to 281 in March 2015.

• Median Price - Down 2.8 percent from $185,225 in March 2014 to $180,000 in March 2015.

• Inventory is down 6.1 percent from 2,067 single family listings at the end of March 2014 to 1,941 single family listings at the end of March 2015.

• Supply - At the end of March 2014 there 8.4 months of supply at the current rate of sale.  At the end of March 2015 there were 6.9 months of supply at the current rate of sale.

• Days on Market - The average days on market is down 4.5 percent from 156 days in March 2014 to 149 in March 2015.

• A Six-Year View - The median price remains the same from $180,000 in March 2010 to $180,000 in March 2015. 

• Mortgage Rates - 30 year fixed rate mortgage averaged 3.69 percent with an average of 0.6 points for the week ending March 26, 2015.  Last year at this time the 30 year FRM averaged 4.40 percent with an average 0.6 points. (Source: FreddieMac.com)

This information is provide by the Realtor Association of Pioneer Valley.

February Real Estate Update for the Pioneer Valley Region

Pioneer Valley

Sales up 3.7%

Feb 2014 - Number of units closed - 215

Feb 2015 - Number of units closed - 223

Feb 2014 - Average Sales Price - 190,972

Feb 2015 - Average Sales Price - 211,661

Franklin County

Sales down 8%

Feb 2014 - Number of units closed - 25

Feb 2015 - Number of units closed - 23

Feb 2014 - Average Sales Price - 151,270

Feb 2015 - Average Sales Price - 187,474

Hampshire County

Sales up 23%

Feb 2014 - Number of units closed - 48

Feb 2015 - Number of units closed - 59

Feb 2014 - Average Sales Price - 241,516

Feb 2015 - Average Sales Price - 277,700

Key Points - Pioneer Valley Single Family Homes

• Sales - Up 3.7 percent from 215 in February 2014 to 223 in February 2015.

• Median Price - Up 11.2 percent from $169,900 in February 2014 to $189,000 in February 2015.

• Inventory is down 5.8 percent from 1,922 single family listings at the end of February 2014 to 1,811 single family listings at the end of February 2015.

• Supply - At the end of February 2014 there 8.9 months of supply at the current rate of sale.  At the end of February 2015 there were 8.1 months of supply at the current rate of sale.

• Days on Market - The average days on market is up 6.5 percent from 138 days in February 2014 to 147  in February 2015.

• A Six-Year View - The median price is up 9 percent from $173,250 in February 2010 to $189,000 in February 2015. 

• Mortgage Rates - 30 year fixed rate mortgage averaged 3.80 percent with an average of 0.6 points for the week ending February 26, 2015.  Last year at this time the 30 year FRM averaged 4.37 percent with an average 0.7 points. (Source: FreddieMac.com)

This information is provide by the Realtor Association of Pioneer Valley

Coldwell Banker Upton-Massamont Realtors Adopt a Dog Campaign

Coldwell Banker Upton-Massamont is teaming up with Coldwell Banker's "Adopt a Dog" national campaign. Help us get the word out about adopting a pet from area shelters. Like Mooney & Roberts facebook page and keep informed about stories and events that will be happening. Dogs are family and help make a house a home! If you haven't seen the Coldwell Banker commercial, here it is for you to enjoy!

January Real Estate Market Update - Sales are up!

Pioneer Valley

Sales up 7.6%

Jan 2014 - Number of units closed - 263

Jan 2015 - Number of units closed - 283

Jan 2014 - Average Sales Price - 197,104

Jan 2014 - Average Sales Price - 213,318

Franklin County

Sales up 17.1%

Jan 2014 - Number of units closed - 35

Jan 2015 - Number of units closed - 41

Jan 2014 - Average Sales Price - 164,031

Jan 2015 - Average Sales Price - 214,529

Hampshire County

Sales up 5.7%

Jan 2014 - Number of units closed - 53

Jan 2015 - Number of units closed - 56

Jan 2014 - Average Sales Price - 286,148

Jan 2015 - Average Sales Price - 271,883

Key Points - Pioneer Valley Single Family Homes

Sales - Up 7.6 percent from 263 in January 2014 to 283 in January 2015. 

Median Price - Up 3.4 percent from $179,000 in January 2014 to $185,000 in January 2015.

Inventory is down 3.9 percent from 1,953 single family listings at the end of January 2014 to 1,877 single family listings at the end of January 2015.

Supply - At the end of January 2014 there were 7.4 months of supply at the current rate of sale.  At the end of January 2015 there were 6.6 months of supply at the current rate of sale.

Days on Market - The average days on market is up 13.8 percent from 137 days in January 2014 to 156 in January 2015.

A Six-Year View - The median price is down 2.6 percent from $190,000 in January 2010 to $185,000 in January 2015. 

Mortgage Rates - 30 year fixed rate mortgage averaged 3.66 percent with an average of 0.6 points for the week ending January 29, 2015.  Last year at this time the 30 year FRM averaged 4.32 percent with an average 0.7 points.

October 2014 Single Family Sales Report - Pioneer Valley, Ma

Sale Report for Single Family Homes - Month of October 2013 vs. October 2014

Pioneer Valley

Sales up 6.3%

2013 - Number of units closed - 443

2014 - Number of units closed - 471

2013 - Average Sales Price - 210,192

2014 - Average Sales Price - 210,828

Franklin County

Sales up 27.7%

2013 - Number of units closed - 47

2014 - Number of units closed - 60

2013 - Average Sales Price - 201,344

2014 - Average Sales Price - 205,379

Hampshire County

Sales up 9.4%

2013 - Number of units closed - 96

2014 - Number of units closed - 105

2013 - Average Sales Price - 267,690

2014 - Average Sales Price - 255,439

Key Points - Pioneer Valley Single Family Homes

Sales - Up 6.3 percent from 443 in October 2013 to 471 October 2014

Median Price - Up 5.4% percent from 185,000 in October 2013 to 195,000 in October 2014

Inventory of available property - Inventory is up 8.6 percent from 2568 single family listings at the end of October 2013 to 2788 single family listings at the end of October 2014.

Supply - At the end of October 2013 there were 5.8 months of supply at the current rate of sale.  At the end of October 2014 there were 5.9 months of supply at the current rate of sale.

Days on Market - The average days on market is up 10.9 percent from 101 days in October 2014 to 112 in October 2014.

A Six-Year View - The median price is up 2.5 percent from $190,000 in September 2009 to $194,700 in September 2014

Mortgage Rates - 30 year fixed rate mortgage averaged 4.20 percent with an average of 0.5 points for the week ending September 25, 2014.  Last year at this time the 30 year FRM averaged 4.32 percent with an average 0.7 points.

This information is provided by the Realtor Association of Pioneer Valley.

September 2014 Single Family Sales Report - Pioneer Valley, Ma

Sales Report for Single Family Homes - Month of September 2013 vs. 2014

Pioneer Valley

Sales up 9.8%

2013 - Number of units closed - 406

2014 - Number of units closed - 446

2013 - Average Sales Price - 221,491

2014 - Average Sales Price - 215,097

Franklin County

Sales up 48.6%

2013 - Number of units closed - 35

2014 - Number of units closed - 52

2013 - Average Sales Price - 216,687

2014 - Average Sales Price - 208,499

Hampshire County

Sales down 9%

2013 - Number of units closed - 100

2014 - Number of units closed - 91

2013 - Average Sales Price - 278,457

2014 - Average Sales Price - 266,251

Key Points - Pioneer Valley Single Family Homes

• Sales - Up 9.8 percent from 406 in September 2013 to 446 September 2014

• Median Price - Up 2.5 percent from 190,000 in September 2013 to 194,700 in September 2014

• Inventory of available property - Inventory is up 11.9 percent from 2714 single family listings at the end of September 2013 to 3,036 single family listings at the end of September 2014.

• Supply - At the end of September 2013 there were 6.7 months of supply at the current rate of sale.  At the end of September 2014 there were 6.8 months of supply at the current rate of sale.

• Days on Market - The average days on market is down 1 percent from 105 days in September 2013 to 104 in September 2014.

• A Six-Year View - The median price is up 2.5 percent from $190,000 in September 2009 to $194,700 in September 2014

• Mortgage Rates - 30 year fixed rate mortgage averaged 4.20 percent with an average of 0.5 points for the week ending September 25, 2014.  Last year at this time the 30 year FRM averaged 4.32 percent with an average 0.7 points.

Information provided by the REALTOR Association of Pioneer Valley, Inc.

February Pioneer Valley, Mass Real Estate Sales Report for Single Family Homes

February Pioneer Valley Single Family Sales Report

Franklin County sales are up, average sales price is down.

Hampshire County sales and average sales price is up.

This information is provided by the Realtor Association of Pioneer Valley.

Pioneer Valley, Ma Single Family Sales Report for January

Pioneer Valley Single Family Sales Report

Franklin County sales are up, average sales price is down.

Hampshire County sales and average sales price is up.

Signs that the real estate market is off to a good start.

This information is provided by the Realtor Assoc of Pioneer Valley.

Announcing Wanda Mooney's New Real Estate Partner

I have some very exciting news to share with you.

It is hard to believe this is my 20^th year selling real estate.  My business has grown to new levels and I have the opportunity to partner with someone that is not only a dear friend but is my equal when it comes to business.   

I am pleased to announce my new business partner, Cathy Roberts!  You might recognize her name as she is one of the areas most respected and successful loan officers.  Prior to banking, Cathy worked as a real estate agent and is excited to get back into the business.   We both have a passion for real estate and the same dedication to provide exceptional service to both buyers and sellers. Together, Cathy and I bring 37 years of combined experience in real estate sales and mortgage lending.  We will remain affiliated with Coldwell Banker Upton-Massamont REALTORS serving the Franklin and Hampshire County area.  

Thank you for your business and continued friendship. 

Wanda

Homes for Sale in Franklin and Hampshire County, Mass

I have a large inventory of homes on the market located in Franklin and Hampshire County.  If you are looking for your first home, getaway place, farm or business venture - the perfect place could be right here.  If you have any questions about any of the properties listed for sale, feel free to give me a call at 413-337-8344 or email:  wanda@wandamooney.com