Dartmouth MA. Real Estate Market Activity for the 1st half of 2011

Dartmouth MA. Real Estate Market Activity for the 1^st half of 2011 according to MLS Market Statistics is summarized below:

 

For the period of January 1 through June 30 2011, 85 properties sold (single family, multi family and condos) in Dartmouth, MA. For the same period in 2010, 104 properties sold. This was a decrease of 19 properties or 18%.

For the same period the average selling price in Dartmouth in 2011 was $319,533 versus $279,507 in 2010, or a 14% increase.

The average number days homes were on the market (amount of time it took to sell the property) in Dartmouth for this period in 2011 were 156 days versus 128 days in 2010 - an increase of 28 days or 22%.

To summarize, home sales for the first six months of this year versus last year, in Dartmouth MA, were off 18%, the price the homes sold for was up 14% and the length of time it took to sell these home increased 22%. There are 234 homes for sale in Dartmouth as of 7/1/11 with an average list price of $685,254 and have been on the market for an average of 242 days.

To learn more about the Dartmouth and the Greater Fall River area, visit my website at www.stevew-homes.com or contact me directly at 508-558-8035.