Franklin & Hampshire County Real Estate Market Update
First Quarter 2026 vs. 2025

The Big Picture

  • Prices are holding—and in many segments rising.
    • Sales volume is down compared to last year.
    • Homes are taking a little longer to sell.
    • Buyers are being more thoughtful and strategic.

    This is what a normalizing market looks like.

Franklin County Single-Family Homes

Median Price: $344,500 → $358,000 (+3.9%)
Closed Sales: 94 → 77 (-18.1%)
Days on Market: 60 → 65
Pending Sales: 88 → 94 (+6.8%)
New Listings: 99 → 95

What this means:
Even with fewer sales, prices held strong. The increase in pending sales tells us buyers are still active—they’re just taking more time before committing in some cases.

Homes priced correctly are still moving. Overpriced homes are remaining on the market longer, contributing to an increased days on market (DOM). Additionally, the winter months typically see extended market times.

Franklin County Condominiums

Median Price: $317,500 → $259,900 (-18.1%)
Closed Sales: 10 → 3 (-70%)
Days on Market: 42 → 8
Pending Sales: 11 → 3
New Listings: 10 → 5

What this means:
This was a very quiet quarter for condos. With such a small sample size, swings can look dramatic, but overall, inventory and activity were limited.  Though, we are starting to see more condos hit the market this spring.

Hampshire County Single-Family Homes

Median Price: $410,000 → $440,000 (+7.3%)
Closed Sales: 174 → 146 (-16.1%)
Days on Market: 59 → 69
Pending Sales: 173 → 168
New Listings: 183 → 185

What this means:
Prices are strong, sales volume is down. Inventory is slightly healthier, but buyers are more cautious and deliberate.

Hampshire County Condominiums

Median Price: $314,250 → $325,000 (+3.4%)
Closed Sales: 50 → 35 (-30%)
Days on Market: 53 → 75
Pending Sales: 55 → 55
New Listings: 67 → 71

What this means:
Condo prices are improving, but fewer deals are closing and they are taking longer to sell. Buyers are engaged, just more selective.

Interest Rates: A Helpful Shift

Q1 2025: ~6.8%
Q1 2026: ~6.1%

That drop is helping affordability—but not enough to bring back the urgency we saw in previous years. Buyers are still carefully weighing monthly payments and overall value.

Final Takeaway

This is not a declining market.

It’s a more balanced, more thoughtful market.

Success right now comes down to smart pricing, strong marketing, and local expertise.

Thinking About Buying or Selling?

If you’re wondering how these trends affect your specific situation, I’m always happy to help you break it down and build a plan.

Corinne Fitzgerald
Fitzgerald Real Estate
Call/Text: 413-320-9509
Corinne@Fitzgerald-RealEstate.com

Disclaimer

All data is sourced from the Realtor Association of the Pioneer Valley and MLS PIN. Market statistics are based on available data at the time of reporting and are subject to change. This information is intended for general informational purposes only and should not be relied upon as financial or real estate advice.