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

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

Here is some real estate market data describing the housing market in Somerset 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 26 single family homes sold in Somerset during the first quarter of 2012 with a median price of $209,500. For the same period in 2011,  24 single family homes sold with a median price of $194,950.

Volume was up 8% during 2012 1^st quarter as compared to 2011, while the median price up 7.5%.

There are currently 79 single family homes for sale in Somerset, with a median asking price of $239,900, as compared to a year ago when there were 89 homes with a median asking price of $269,000.

The first quarter of 2012 has been a positive period for sellers in Somerset with both an increase in volume of sales and median selling price. Current inventories are lower this year, as are the asking prices and with historically low interest rates, those looking to buy in Somerset are 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 Somerset MA area, visit my website at http://www.stevew-homes.com/ or contact me directly at 508-558-8035.