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

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

Here is some real estate market data describing the housing market in Swansea 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 27 single family homes sold in Swansea during the first quarter of 2012 with a median price of $208,000. For the same period in 2011, only 15 single family homes sold with a median price of $252,000.

Volume nearly doubled last years 1^st quarter sale and was up by a whopping 80% this year, while the median price was down 17.5%.

There are currently 66 single family homes for sale in Swansea, with a median asking price of $274,950, as compared to a year ago when there were 97 homes with a median asking price of $249,900.

The first quarter of 2012 has been a positive period for buyers in Swansea with a huge increase in volume of sales and decrease median selling prices as compared to the same period last year. The market seems to be heating up a bit in Swansea. Current inventories are lower this year, and the median asking prices are up. Also, single family homes are selling quicker as the current inventory days on market is down 31% compared to the same period last year. The current historically low interest rates keep buyers in an enviable position and activity over the past few months suggests motivated sellers are also seeing improved results. Take advantage of these unique circumstances and begin your search for a new home today!

To learn more about the Greater Swansea MA area, visit my website at http://www.stevew-homes.com/ or contact me directly at 508-558-8035.