What has been going on in the Swansea housing market during September?

What has been going on in the Swansea housing market during September?

Here is some real estate market data describing the housing market in Swansea during the month of September and how it compares to the same time last year. The data is from the MLS and is for single family homes.

There were 18 single family homes sold in Swansea area during September 2011 at an average sale price of $273,122 and median price of $241,500. For the same period in 2010, 6 single family homes sold with an average sales price of $310,667 and median price of $280,500.

Volume is up this year by a whopping 200%, while the average price dropped 12.1% and the median price dropped 13.9%.

There are currently 101 single family homes for sale in Swansea, with a median asking price of $249,900, as compared to a year ago when there were 107 homes with a median asking price of $299,000.

Buyers are active in the Swansea market. Strong inventory along with significantly lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Swansea in a very good position. It’s time to act now!

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