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.

Hurricane Irene is heading for the Greater Fall River area!

Hurricane Irene is heading for the Greater Fall River area! Earlier this week I blogged about being prepared in the event of a hurricane. Well, today I found myself following my own advice. Hurricane Irene is bearing down on the east coast and forecasters are telling New Englanders to prepare for the worst and hope for the best. This morning I put away all my back yard and porch furniture, brought in the hanging plants, picked the ripened tomatoes, and took down the bird feeders. I also found my flashlights, check the batteries, located my old  battery operated transistor radio (it’s over 35 years old and still works great). All the time I was doing this I was hoping it will have been a waste of time and I will be putting everything back Monday to enjoy the rest of the summer!

The storm is still 2 days away, but the campgrounds at HorseneckBeach, and all the residents of the summer trailers on the East beach are expecting the town of Westport to order an evacuation this afternoon when the hurricane watch becomes a warning. Swansea police are cautioning the public to expect access roads closures in the Ocean Grove area. Even inland the Freetown police are concerned with flooding at the TauntonRiver in Assonet. Other than flooding, the overriding concern throughout the Greater Fall River area is the potential for widespread power outages from the wind and downed trees.

If you haven’t already prepared, check out my last blog for some tips and play it safe this weekend!

For more about the Greater Fall River area, visit my website at www.stevew-homes.comor contact me directly at 508-558-8035.