Local housing market impacted by severe winter weather

Home sales up 7.6% in January 2015

SPRINGFIELD, Mass. (WWLP)– The housing market throughout the Pioneer Valley had a promising start to the year, but is now being impacted by the recent severe winter weather.

Buyers and sellers in all three counties in the Pioneer Valley were busy buying homes in December and the first half of January.

The Realtor Association of the Pioneer Valley reports a more than 7.5% jump in home sales from January one year ago.  But once the snow began to fall, Real Estate agent Kevin Sears told 22News, things slowed down significantly.

“The cold doesn’t necessarily have an affect on it, but the amount of snow does. When the streets are difficult to navigate, you’re not going to get the buyers out to look at the home,” Spears said.

Sears also told 22News the jump in home sales in December and beginning of January may be a good indication of a thriving market once Western Mass begins to thaw out.

He also said if you have your home on the market right now be sure to keep sidewalks and driveways as cleared of snow and ice as possible.

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