Single family home sales in Swansea during 2011
Here is some real estate market data describing the housing market in Swansea for all of 2011 and how it compares to last year. The data is from the MLS and is for single family homes.132 single family homes sold in Swansea during 2011 at an average sale price of $237,592 and median price of $220,000. For the same 12 month period in 2010, 115 single family homes sold with an average sales price of $242,891 and median price of $225,000.
2011 volume was up 15% compared to last year, while the average price was down 2.2% and the median price also down 2.2% or $5,000.
As of January 1 2012 there were 70 single family homes for sale in Swansea, with a median asking price of $249,900, as compared to January 1 a year ago when there were 91 homes with a median asking price of $259,900.
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!
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