Wednesday, December 7, 2011

Single Family homes sold and for sale in the Greater Fall River area during November 2011

Single Family homes sold and for sale in the Greater Fall River area during November 2011

Here is some real estate market data describing the housing market in the Greater Fall River area during the month of November and how it compares to the same time last year. The data is from the MLS and includes Fall River, Somerset, Swansea, Dartmouth, Westport, Berkley, Dighton and Tiverton, RI. Homes for sale in greater Fall River MA

There were 88 single family homes sold in the Greater Fall River area during November 2011 at an average sale price of $238,227 and median price of $220,850. For the same period in 2010, 71 single family homes sold with an average sales price of $342,617 and median price of $250,000.

Volume was up a significant 24% this month, compared to last year, while the average price was down 30.5% and the median price also off 11.7 %.

There are currently 948 single family homes for sale in the Greater Fall River area, with a median asking price of $289,450, as compared to a year ago when there were 882 homes with a median asking price of $309,000.

November has been a positive month for buyers and motivated sellers. 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 see the market analysis for each of the communities in the Greater Fall River numbers above or to learn more about the Greater Fall RiverMA area , visit my website atwww.stevew-homes.comor contact me directly at 508-558-8035.

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