The more affordably priced homes appealing to the first time home buyer has been the backbone of the Real Estate Market in East Longmeadow during 2009. In fact home sales under $225,000 have shown characteristics of a "sellers market" with multiple offers and sale prices near or at list price. Homes priced competitively in the $225,000 to $400,000 are selling in a reasonable time frame. The higher priced homes, over $400,000 remain effected by the global economy where reductions in corporate relocations and lower sales in the mid range homes has resulted in fewer buyers than inventory of homes available for sale. Homes in this price range present the greatest opportunities for buyers and most significant price decreases in 2009.
ZIP Code: 01028 Location Characteristics: East Longmeadow MA is primarily a residential community in the suburbs of Springfield MA. The Town, consisting of just over 13 miles was established in 1894. Originally being a part of Longmeadow, the "East" sought independence after disagreement ensued over taxes and schools. The town has grown to include some industrial areas where several profitable business are located, retail shops with a mix of local entrepreneurs and national brand companies as well. Children can be seen in all seasons enjoying sports and recreation. The new library provides a community gathering place and comfortable surroundings for read or study. Schools receive better than average scores on national and state proficiency exams. (MCAS) A broad mix of both professional and trades people make East Longmeadow their home. It is a truly a lovely place to live or work.
