Single Family homes sold and for sale in Fall River during October

Single Family homes sold and for sale in Fall River during October

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

There were 20 single family homes sold in Fall River during October 2011 at an average sale price of $196,315 and median price of $197,650. For the same period in 2010, 22 single family homes sold with an average sales price of $199,405 and median price of $198,700.

Volume is off this month by 9% compared to last year, while the average price is off 1.5% and the median price down 1/2%.

There are currently 206 single family homes for sale in Fall River, with a median asking price of $219,425, as compared to a year ago when there were 199 homes with a median asking price of $227,900.

Once again this month buyers are in the driver’s seat. Greater inventory along with lower asking prices and historically low interest rates puts those interested in purchasing a single family home in the Greater Fall River area in a very good position. Be one of the lucky ones to take advantage of this rare opportunity. Start looking for your next home today!

To learn more about the Greater Fall RiverMA area, visit my website atwww.stevew-homes.comor contact me directly at 508-558-8035.