The City of Springfield held its first public real estate auction of 2026 last night, February 3rd, at City Hall. The well-attended auction event was highly successful, with all listed parcels sold.
Last night’s public auction was one of the most successful in the city’s history in terms of dollar amount and number of parcels sold. There was a total of 20 parcels available, and each had a successful bid. The average bid amount was $50,000, and the total revenue from the sales will be just over $1 million.
All sales are not final. The successful bidders will secure financing and go through the closing process to fulfill all requirements.
City Collector/Treasurer Steve Lonergan states, “The City held its first public auction in several years and it was a huge success! Congratulations to the successful bidders of the twenty buildable lots that were auctioned off. The bids totaled $1,012,000 and once all the requirements are fulfilled, will be back on the City’s tax rolls. I would like to thank the tax title team, Sandy Powell, Julisa Davila-Ramos, Vanessa Adorno and Brianna Sylvester, for all of their hard work in ensuring the success that was achieved last night.”
“As many know, it is the City who becomes owner of homes and vacant lots when owners fail to pay taxes,” Mayor Domenic J. Sarno stated. “This is a step in the right direction with twenty vacant parcels now able to be utilized for positive economic development opportunities by responsible owners. It takes a negative situation and, not only gets the property back on the tax rolls, but enables positive development of the neighborhood area in question. This successful auction event underscores the strong value of our property here in the city. This is reassuring for those who continue to believe in and invest in our Springfield. Thank you to all who attended and participated, and I commend and thank Treasurer Steve Lonergan and his team for facilitating this event, and the prior trainings too.”
Visit the city website for more information on purchasing city-owned property: https://www.springfield-ma.gov/finance/collector/purchasing-city-owned-property