Single Family homes sold and for sale in Berkley, MA during the first four months of 2012

Single Family homes sold and for sale in Berkley, MA during the first four months of 2012

Can you believe 2012 is already 1/3 over? Here is some real estate market data describing the housing market in Berkley, MA during the 4 month 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 11 single family homes sold in Berkley during this period with a median price of $277,000. For the same period in 2011, 13 single family homes sold with a median price of $295,000.

Sales volume is off 15% this year over the same period last year, while the median price down 6.1%.

There are currently 53 single family homes for sale in Berkley, with a median asking price of $324,900, as compared to a year ago when there were 41 homes on the market with a median asking price of $334,900.

As compared to 2011 the first four months of 2012 has been a positive period for buyers. Increased inventory, lower asking prices and historically low interest rates continue to put those interested in purchasing a single family home in Berkley in a very good position.

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

To see all the homes currently for sale in Berkley MA, click here!

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

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

Here is some real estate market data describing the housing market in Berkley 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 9 single family homes sold in Berkley during the first quarter of 2012 with a median price of $311,000. For the same period in 2011, 11 single family homes sold with a median price of $290,000.

There are currently 48 single family homes for sale in Berkley, with a median asking price of $334,900, as compared to a year ago when there were 29 homes with a median asking price of $319,900.

Buyers and sellers are experiencing a strong market in Berkley this year. Significantly increased inventory along historically low interest rates puts those interested in purchasing a single family home in Berkley in a very good position. Be one of the lucky ones to take advantage of this rare opportunity. Start looking for your next home today!

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

The 2011 Greater Fall River Real Estate market had some bright spots!

The 2011 Greater Fall River Real Estate market had some bright spots!

The 2011 Greater Fall River Real Estate market had some bright spots!

Here is some real estate market data describing the housing market in the Greater Fall River area during the whole year 2011 and how it compares to the 2010 activity. The data is from the MLS and includes Fall River, Somerset, Swansea, Dartmouth, Westport, Freetown, Berkley, Dighton and Tiverton, RI.

1013 single family homes sold in the Greater Fall River area during 2011 at an average sale price of $261,560 and median price of $220,000. For all of 2010, 969 single family homes sold with an average sales price of $264,078 and median price of $234,000.

So, when comparing 2011 to 2010, 5% more single family homes were sold this year. The average price paid for those homes was just 1% lower than last year, and the median price paid was 6% less.

On January 1, 2011 there were 969 single family homes on the market in this Greater Fall River market. This year on January 1, 2012, 1013 single family homes are on the market. The median asking price for these single family homes is 220,000, as compared to a year ago when the median asking price was $234,000.

What does all this mean? Greater inventory starting off 2012, along with lower asking prices, and the current historically low interest rates, make this an excellent time to be buying a single family home in the Greater Fall River area!

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 RiverMA area, visit my website at

http://www.stevew-homes.com/

or contact me directly at 508-558-8035.

Single family home sales in Berkley during 2011

Single family home sales in Berkley during 2011

Here is some real estate market data describing the housing market in Berkley for all of 2011 and how it compares to last year. The data is from the MLS and is for single family homes.

43 single family homes sold in Berkley during 2011 at an average sale price of $279,666 and median price of $278,000. For the same 12 month period in 2010, 51 single family homes sold with an average sales price of $306,785 and median price of $290,900.

2011 volume was off 22% compared to last year, while the average price was down 3% and the median price down 4.4% or $12,900.

As of January 1 2012 there were 39 single family homes for sale in Berkley, with a median asking price of $334,900, as compared to January 1 a year ago when there were 24 homes with a median asking price of $379,900.

What does all this mean? Inventory is up a whopping 63% as compared to this time last year so there is a great selection of home  available, and with lower asking prices and the current historically low interest rates, this an excellent time to be buying a single family home in Berkley!

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

Single Family homes sold and for sale in Berkley during October

Single Family homes sold and for sale in Berkley during October

Here is some real estate market data describing the housing market in Berkley during the month of October and how it compares to the same time last year. The data is from the MLS and is for single family homes.

There were 2 single family homes sold in Berkley during October 2011 at an average and median sale price of $270,000. For the same period in 2010, 5 single family homes sold with an average sales price of $316,880 and median price of $320,000.

There are currently 48 single family homes for sale in Berkley, with a median asking price of $334.950, as compared to a year ago when there were 26 homes with a median asking price of $369,000.

Activity in Berkley was slow in October but significantly increased inventory along with lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Berkley in a very good position. Be one of the lucky ones to take advantage of this rare opportunity. Start looking for your next home today!

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

As we approach the end of October the real estate market is begging for qualified buyers.

As we approach the end of October the real estate market is begging for qualified buyers. There is plenty of inventory and the combination of price and mortgage rates couldn’t be better.

Over the past month 85 single family homes sold in the greater Fall River area, including Fall River, Somerset, Swansea, Westport, Dartmouth Freetown, Dighton and Berkley. The priciest property included 2 historic capes on 95 acres, a pond, barn and greenhouse and sold for over 2 million dollars. At the other end of the spectrum was a 5 room, 951 square foot cape, in need of updates, on an 11,400 square foot lot, which sold for $75,000. The remaining 83 properties ranged in selling price from $80,000 to $790,000, had an average list price of 265,196 and average sale price of $249,942.

One of these fortunate buyers found 3 bedroom, 2 bath classic cape, in move in condition, in Somerset, with a wood burning stove, hardwood floors throughout, a 3 season room overlooking a private back and beautiful in ground pool for $220,000. Another lucky family is living in their well maintained, 3 bedroom ranch in Dartmouth. This one included a new furnace, Harvey windows, an updated kitchen with Corian countertops, gleaming hardwood throughout, a fireplace, off street parking for 5 cars and attached carport all for $205,500.

Interest rates are at an all time low and that can be more important than the house price over the life of a mortgage. At today’s rates the monthly payment on a  $200,0000 property would be right around $900 a month. Add to that taxes, PMI and insurance and you could expect to be living in your own home, where you get to decide what color to paint, how to decorate for the holidays, where your kids can play in the yard, or you can have a garden, and enjoy all the plusses of owning your own home for roughly $1250 per month.

In the greater Fall River area there are 288 single family homes for sale between $150,000 and $250,000, and another 331 between $250,000 and $400,000. If you have good credit, steady income, and some savings for a down payment, this is no better time than NOW to be buying a home.

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

What has been going on in the Berkley housing market during September?

What has been going on in the Berkley housing market during September?

Here is some real estate market data describing the housing market in Berkley during the month of September and how it compares to the same time last year. The data is from the MLS and is for single family homes.

One single family home sold in Berkley during September 2011 and it sold for $368,600. For the same period in 2010,

4 single family homes sold with an average sales price of $412,475 and median price of $242,450.

There are currently 47 single family homes for sale in Berkley, with a median asking price of $309,500, as compared to a year ago when there were 35 homes with a median asking price of $361,900.

Greater inventory along with lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Berkley in a very good position. It’s time to act now!

To learn more about the Greater BerkleyMA area, visit my website atwww.stevew-homes.comor contact me directly at 508-558-8035.

What has been going on in the Berkley housing market during August?

What has been going on in the Berkley housing market during August?

Here is some real estate market data describing the housing market here in Berkley during the month of August and how it compares to the same time last year. The data is from the MLS and is for single family homes.

There were 6 single family homes sold in Berkley during August 2011 at an average sale price of $318,167 and median price of $259,500. For the same period in 2010, 3 single family homes sold with an average sales price of $356,633 and median price of $350,000.

Volume in August has declined this year by 100%, with the average price declining 10.8% and the median price declining 25.9%.

There are currently 47 single family homes for sale in Berkley, with a median asking price of $320,000, as compared to a year ago when there were 41 homes with a median asking price of $359,000.

Greater inventory along with lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Berkley in a very good position. It’s time to act now!

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