WWLP – Home sales have risen in Western Massachusetts as a whole, but Franklin County continues to trail its neighboring counties.
The Realtor Association of Pioneer Valley shows August homes sales are up by 8 percent, but results varied depending on the area.
The median price value of those homes fell four percent, down to $210,000. The increase in home sales for August is largely due to Hampshire and Hampden counties. Hampshire County was 19 percent higher and Hampden county was about 8% higher than last year.
However, home sales in Franklin County are down 11 percent for the month.
Owner of Fitzgerald Real Estate, Corrine Fitzgerald, told 22News the reason for the disproportionate decline.
“Franklin county as a whole has less homes for sale than Hampden and Hampshire counties,” she said. “When you get the number of home sales and the median price for the month, the numbers can skew a little bit.”
Fitzgerald said prices for Franklin County are typically more affordable than other counties in the Commonwealth. Still, median price sales in Franklin County for August did drop about two percent.
According to Fitzgerald, the market in Franklin County still looks good with pending sales up 22 percent over this time last year.