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