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APRIL HIGHLIGHTS: REAL ESTATE BOOM

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Kim Gravel,May 7, 2024

As we transition from the vibrant blooms of spring into the promising days of summer, it’s a great time to reflect on the past month and look forward to what May has in store. April was not only a month of gathering and celebrations but also marked significant achievements in our professional landscape. Let’s dive into the highlights and prepare for an exciting month ahead!

 

April Highlights: A Month of Family, Celebrations, and Milestones

The past month was rich with family gatherings, beginning with a reunion in Virginia, filled with laughter and cherished memories. Our travels also took us to western Massachusetts, where we reconnected with our daughter and enjoyed the warmth of family ties. Additionally, we were part of a beautiful wedding, celebrating love and unity.

On the professional front, April was a record-setting month for our team in Taunton. We achieved a remarkable milestone by selling the highest-priced single-family home in the city's history for $1,061,937. This landmark sale not only sets a new standard in our local real estate market but also reflects the growing demand and value in our area.

I am also proud to announce a couple of personal achievements. I was recognized as Tops in Sales, Listings, and Volume for March at the Mansfield Office, and I had the honor of being named the Mansfield Agent of the Month for both February and March. These accolades are a testament to the hard work and dedication our team continues to show.

We are also thrilled about the developments at Gracey Estates, where we are gearing up to break ground on the first home site. Last Saturday, we hosted a New Construction Seminar that was not only comprehensive but also incredibly informative. I had the pleasure of giving a detailed site tour of Gracey Estates Subdivision afterward.

The event featured expert speakers such as myself, John Garanito from Hawthorne Development, and Olga Andrade from Mechanics Cooperative Bank. We discussed the entire new construction home building process, including the latest trends in building both inside and outside the home, recent 2024 regulation changes, and financing options for new construction homes. We received fantastic feedback from attendees, highlighting the seminar's informativeness.

If you missed the seminar, don't worry! A video replay and the presentation are available upon request. If you're interested in learning more about new construction homes or want further details from our last event, please reach out.

 

Market Update: Bristol & Plymouth County

This April, we witnessed a significant surge in our local real estate market, with homes in Bristol and Plymouth Counties selling for 12% and 14% more than last year, respectively. The inventory has also increased, rising by 24% in Bristol County and 37% in Plymouth County.

Despite the influx of new listings, the demand for homes remains high. Properties that are priced correctly and presented well continue to receive multiple offers, often exceeding the asking price and selling quickly. As we continue into May, the market dynamics suggest that it will remain a seller’s market, but the increase in inventory should also give hopeful buyers more options.

 

Exclusive Home Seller Seminar

Don't miss our upcoming event on Wednesday, May 22, 2024, from 6 PM to 7:30 PM at Trescott Street Gallery, Taunton, MA. We're hosting an "Exclusive Home Seller Seminar: From Stuck to Sold", designed for established homeowners. This seminar will provide you with the insights and strategies necessary for selling your current home and buying a new one simultaneously. Join industry experts Kim Gravel, Meaghan Hatch, Ashley Evirs and Mike Nielsen as they guide you through this complex journey. Reserve your spot today in our Events section and take a significant step toward achieving your real estate goals.  

 

Your May Home Maintenance Checklist

  • Water Filters: Start the month fresh by replacing filters in your refrigerator and filtration systems.
  • Window Blinds: Take the time to clean each slat of your window blinds, or for a thorough clean, soak them in a bath of warm, soapy water.
  • Outdoor Spaces: Get ready for summer by cleaning and updating your patio furniture and decks. Fresh cushions can make a big difference!
  • Landscaping: Prepare for the changing weather by trimming overhanging branches and securing outdoor furniture against strong winds.
  • Outdoor Lighting: Ensure all your outdoor areas are well-lit by checking and replacing any faulty bulbs.

 

May Events in Bristol & Plymouth County

May is filled with exciting community events that offer something for everyone:

  • 18 May: Walk for Alzheimer’s

Sat 11-2, Scusset Beach,Reservation, Sandwich, MA

**We will be volunteering for this great event. If you’d like to help reach out and I’ll be happy to share!

  • 18 May: Downtown Art Jam

Sat 12 P.M. , Downtown Taunton Taunton, MA

  • 22 May: From Stuck to Sold: Navigating the Home Selling & Buying Journey for Established Homeowners

6 PM to 7:30 PM, Trescott Street Gallery - 8 Trescott Street, Taunton, MA

  • 27 May: Lakeside Family Festival

Mon 12-5, 157 Middleboro Rd., E. Freetown

 

May Bristol & Plymouth County Bucket List

  • Mother’s Day Brunch: Treat the special moms in your life to a delightful brunch at Our Mom’s Place.
  • Cinco de Mayo: Celebrate with traditional food and music at El Mariachi or lace up for the Cinco de Mayo Kiwanis 5K in Wareham.
  • Annual Spring Festival: Experience the community spirit at the NRT's Spring Farm Festival, a perfect outing for families and nature lovers.
  • Lace up to Race: Cinco de Mayo Kiwanis 5K on May 5 in Wareham, MA

 

As we look ahead to the warmer days of May, let’s keep this momentum going. Whether you’re buying, selling, or simply enjoying the community around you, there’s no better time to engage with your surroundings and make the most of what Bristol and Plymouth County have to offer.

Thank you for your continued support and engagement. We hope you find the information valuable and look forward to helping you navigate the exciting world of real estate. Stay tuned for next month's updates, and here’s to a fantastic May!

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Some of my favorite towns

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Jack Conway - Mansfield
66 West Street Mansfield, MA 02048US
(508) 339-0022

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