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

Single Family homes sold and for sale in Fall River during the first quarter of 2012

Here is some real estate market data describing the housing market in Fall River during the first quarter of 2012 and how it compares to the same time last year. The data is from the MLS and is for single family homes.

There were 64 single family homes sold in Fall River during the first quarter of 2012 with a median price of $159,713. For the same period in 2011, only 38 single family homes sold with a median price of $187,500.

Volume nearly doubled last years 1^st quarter sale and was up by a whopping 94% this year, while the median price down 14.8%.

There are currently 167 single family homes for sale in Fall River, with a median asking price of $219,000, as compared to a year ago when there were 196 homes with a median asking price of $219,900.

As compared to 2011 the first quarter of 2012 has been a fantastic period for buyers and motivated sellers. The 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. Take advantage of these unique circumstances and begin your search for a new home today!

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.