Greenfield Town, MA

There is no doubt that the Greenfield Town, MA metropolitan statistical area (MSA) has been one of the hottest housing markets in recent years. The combination of strong job growth, low interest rates, and limited supply of homes for sale has resulted in rapidly rising prices and bidding wars for properties in many parts of the region.

However, there are signs that the market may be cooling off somewhat in 2019. Sales volume is down slightly from last year’s record levels, and prices have moderated in some areas after several years of double-digit gains. This is welcome news for buyers who have been struggling to keep up with the pace of price increases.

It’s still too early to say whether this is a temporary lull or the start of a more sustained slowdown, but either way it appears that the days of easy money in the Greenfield Town housing market are over. Buyers will need to be more strategic than ever before if they want to score a deal on their dream home.