Thursday, October 8, 2009

Western Mass Real Estate Stats

Real estate stats are now in for August and are showing that single family home sales in Western Massachusetts rose 16.7 % in August, 2009, from 431 in August 2008, to 503, according to the Realtor Association of Pioneer Valley.

But the median price fell 5.5% from $210,000 to $198,500, continuing a pattern of strong sales and weak prices.

There were 5.9 months of supply on the market at the current rate of sale in August, compared to 7.8 months of supply a year ago. but the average home is spending longer on the market, 187 days as of 2 months ago, up from 168 days in August 2008, also according to statistics released by the Realtor Association.

Sydney Hirsch
Seniors Real Estate Specialist
Relocation Specialist
Let 25 years of experience work for you!
413-567-5552 Direct
413-847-1303 Cell