Date Archives: August 15th, 2012

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August
15

Linda Rotti, Sales Manager from our Amherst office reports that there has been a 20.7% increase in sales in Hampshire County. "The fact that prices are down from the same time last year by 2% reflects the fact, I believe, that the first time homebuyers are a strong part of the market purchasing more of the lower priced homes." According to calculations from the REALTORĀ® Association of Pioneer Valley there is a 7.5 month supply at current rate of sale. The market is considered balanced when there is between 7.5 and 8.5 months of supply. This means we cannot define it as a Seller's or a Buyer's market-which is good for all! Read more on MASSLIVE.com.

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