The Massachusetts Association of REALTORS® (MAR) reports March news. "Shortage of homes to buy pushed the number of closed home sales down in March. Median home prices went up for the sixth straight month. Both sales and median prices of condominiums were up in March." Stay tuned for local market news as we near the end of the first quarter. Read the entire article from MAR.
Is it a good time to place your home on the market? Our Jones team all agree that now is the perfect time, since winter lingered on we have fewer homes on the market. "Additionally, we are seeing homes going under contract very soon after hitting the market, and some with multiple offers," according to Dave Marques, manager of our Northampton office. In a recent article from the Massachusetts Association of REALTORS® (MAR), its president stated, "Demand has outpaced supply with plenty of motivated buyers, but not enough homes for sale to meet the need." Read more from MAR… If you are considering selling your Home, contact our Jones Group REALTORS® today for a Complimentary Market Analysis!