The 2011 Greater Fall River Real Estate market had some bright spots!
The 2011 Greater Fall River Real Estate market had some bright spots!Here is some real estate market data describing the housing market in the Greater Fall River area during the whole year 2011 and how it compares to the 2010 activity. The data is from the MLS and includes Fall River, Somerset, Swansea, Dartmouth, Westport, Freetown, Berkley, Dighton and Tiverton, RI.
1013 single family homes sold in the Greater Fall River area during 2011 at an average sale price of $261,560 and median price of $220,000. For all of 2010, 969 single family homes sold with an average sales price of $264,078 and median price of $234,000.
So, when comparing 2011 to 2010, 5% more single family homes were sold this year. The average price paid for those homes was just 1% lower than last year, and the median price paid was 6% less.
On January 1, 2011 there were 969 single family homes on the market in this
Greater Fall River market. This year on January 1, 2012, 1013 single family homes are on the market. The median asking price for these single family homes is 220,000, as compared to a year ago when the median asking price was $234,000.
Greater Fall River market. This year on January 1, 2012, 1013 single family homes are on the market. The median asking price for these single family homes is 220,000, as compared to a year ago when the median asking price was $234,000. What does all this mean? Greater inventory starting off 2012, along with lower asking prices, and the current historically low interest rates, make this an excellent time to be buying a single family home in the Greater Fall River area!
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 at
or contact me directly at 508-558-8035.
226 single family homes sold in 
What does all this mean? Inventory is down about slightly as compared to this time last year but lower asking prices, and the current historically low interest rates, make this an excellent time to be buying a single family home in 
price of $206,124 and median price of $200,000. For the same 12 month period in 2010, 111 single family homes sold with an average sales price of $1238,453 and median price of $235,000.
What does all this mean? Inventory is up as compared to this time last year so there is more selection available, and with lower asking prices and the current historically low interest rates, this an excellent time to be buying a single family home in Somerset!
Here is some real estate market data describing the 
What does all this mean? Although inventory is down as compared to this time last year so there is still a great selection available, and with lower asking prices and the current historically low interest rates, this an excellent time to be buying a single family home in Swansea!
Here is some real estate market data describing the 
What does all this mean? 
Here is some real estate market data describing the 
What does all this mean?The real estate market was active in 
Here is some real estate market data describing the 
What does all this mean? Inventory is up 30% as compared to this time last year so there is
Here is some real estate market data describing the 
What does all this mean? Inventory is up a whopping 63% as compared to this time last year so there is a great selection of home
Here is some real estate market data describing the 
What does all this mean? Inventory is up as compared to this time last year so there is a great selection of home available, and with lower asking prices and the current historically low interest rates, this an excellent time to be buying a single family home in Freetown!