Single Family homes sold and for sale in the Greater Fall River, MA area during the first quarter of 2012.

Single Family homes sold and for sale in the Greater Fall River, MA area during the first quarter of 2012.

Here is some real estate market data describing the housing market in the Greater Fall River area during the first quarter of 2012 and how it compares to the same time last year. The data is from the MLS and includes Fall River, Swansea, Somerset, Dartmouth, Westport, Berkley, Freetown and Dighton

There were 206 single family homes sold in the Greater Fall River area during the first quarter of 2012 at a median price of $212,450. For the same period in 2011, 165 single family homes sold with a median price of $220,500.

Volume was up a significant 25% this quarter, compared to last year, while the median price was off 3.7 %.

There are currently 746 single family homes for sale in the Greater Fall River area, with a median asking price of $229,900, as compared to a year ago when there were 831 homes with a median asking price of $309,900.

The first quarter of 2012 was a positive period for buyers and motivated sellers. The current 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. Take advantage of these unique circumstances and begin your search for a new 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 River MA area, visit my website at http://www.stevew-homes.com/ or contact me directly at 508-558-8035.