Here is some real estate market data describing the housing market in Fall River during the month of November and how it compares to the same time last year. The data is from the MLS and is for single family homes.
There were 19 single family homes sold in Fall River during November 2011 at an average sale price of $203,168 and median price of $220,000. For the same period in 2010, 14 single family homes sold with an average sales price of $170,393 and median price of $159,250.
Volume is up this month by a whopping 36% compared to last year, while the average price was up 19.2% and the median price up 38.1%.
There are currently 200 single family homes for sale in Fall River, with a median asking price of $214,699.50, as compared to a year ago when there were 188 homes with a median asking price of $219,900. 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 Fall River 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!
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