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

Single Family homes sold and for sale in Dartmouth, 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 Dartmouth, 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 54 single family homes sold in Dartmouth during this period with a median price of $234,750. For the same period in 2011, 51 single family homes sold with a median price of $237000.

Sales volume is up 6% this year over the same period last year, while the
median price down just about 1%.

There are currently 198 single family homes for sale in Dartmouth, with a median asking price of $419,000, as compared to a year ago when there were 202 homes on the market with a median asking price of $429,450.

As compared to 2011 the first four months of 2012 has been a positive period for buyers and motivated sellers. The lower asking prices and historically low interest rates continue to put those interested in purchasing a single family home in Dartmouth 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 Dartmouth, click here!

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

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

Here is some real estate market data describing the housing market in Dartmouth 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 36 single family homes sold in Dartmouth during the first quarter of 2012 at a median price of $227,500. For the same period in 2011, 35 single family homes sold with a median price of $235,000.

Volume was up 3% during 2012 1^st quarter as compared to 2011, while the median price off 3.2%.

There are currently 191 single family homes for sale in Dartmouth, with a median asking price of $419,000, as compared to a year ago when there were 191 homes with median asking price of $399,900.

The Dartmouth market appears to be quite strong. Asking prices are up while inventory remaining consistant. Buyers interested in the Dartmouth area should take advantage of historically low interest rates and take advantage of this rare opportunity. Start looking for your next home today!

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

Single family home sales in Dartmouth during 2011

Single family home sales in Dartmouth during 2011

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

218 single family homes sold in Dartmouth during 2011 at an average sale price of $319,244 and median price of $246,000. For the same 12 month period in 2010, 186 single family homes sold with an average sales price of $330,521 and median price of $265,000.

2011 volume was up 17% compared to last year, while the average price was down 3.4% and the median price also down 7.2% or $19,000.

As of January 1 2012 there were 189 single family homes for sale in Dartmouth, with a median asking price of $394,900, as compared to  January 1 a year ago when there were 167 homes with a median asking price of $399,000.

What does all this mean?The real estate market was active in Dartmouth during 2011. Buyers took advantage of some good deals. 2012 inventory is up as compared to this time last year so there is still a great selection 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 Dartmouth!

To learn more about the Greater DartmouthMA 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 Dartmouth during October

Single Family homes sold and for sale in Dartmouth during October

Here is some real estate market data describing the housing market in Dartmouth 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 23 single family homes sold in Dartmouth during October 2011 at an average sale price of $337,374 and median price of $285,000. For the same period in 2010, 21 single family homes sold with an average sales price of $249,862 and median price of $249,000.

Volume for October is up this year by 10%, the average price is up 35% and the median price is up 14.5%.

There are currently 224 single family homes for sale in Dartmouth, with a median asking price of $399,000, as compared to a year ago when there were 189 homes with a median asking price of $429,500.

Sellers enjoyed another very positive month in October. Strong inventory along with lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Dartmouth 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 DartmouthMA area, visit my website atwww.stevew-homes.comor 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 Dartmouth housing market during September?

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

Here is some real estate market data describing the housing market in Dartmouth 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.

There were 18 single family homes sold in Dartmouth area during September 2011 at an average sale price of $282,250 and median price of $230,000. For the same period in 2010, 11 single family homes sold with an average sales price of $346,723 and median price of $275,000.

Volume is up this year by 64%, and while the average price is off 18.9%, the median price dropped 16.4%.

There are currently 225 single family homes for sale in Dartmouth, with a median asking price of $425,000, as compared to a year ago when there were 202 homes with a median asking price of $429,700. This greater inventory along with slightly lower asking prices suggests pricing is becoming more stable in Dartmouth.

Buyers interested in purchasing a single family home in Dartmouth may want to act sooner rather than later while prices are down and interest rates remain historically low. It’s time to act now!

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

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

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

Here is some real estate market data describing the housing market here in Dartmouth 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 23 single family homes sold in Dartmouth  during August 2011 at an average sale price of $336,685 and median price of $312,600. For the same period in 2010, 19 single family homes sold with an average sales price of $357,903 and median price of $235,000.

Volume is up this year by 21%, and while the average price is off 5.9%, the median price rose 33% suggesting more of the homes which sold this were higher priced homes than those which sold in August last year.

There are currently 233 single family homes for sale in Dartmouth, with a median asking price of $399,000, as compared to a year ago when there were 193 homes with a median asking price of $399,900. This greater inventory along with basically similar asking prices suggests pricing is becoming more stable in Dartmouth.

 Buyers interested in purchasing a single family home in Dartmouth may want to act sooner rather than later while interest rates remain historically low. It’s time to act now!

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

 

Hurricane season is here. Are you prepared for an emergency?

Hurricane season is here. Are you prepared for an emergency? The great hurricane of 1938 hit the south coast of New England without warning, claiming roughly 200 lives here in Massachusetts and Rhode Island and causing millions of dollars in damages. (Great info and video links are available at the Sea Fever blog 70^th anniversary site: http://sea-fever.org/2008/09/21/70th-anniversary-of-the-1938-hurricane .

Sixteen years later Hurricane Carol ripped through southern New England and her 14 foot storm surge in Narragansett Bay left downtown Providence under 12 feet of water. The coastal areas of Fall River, Westport, Somerset, Swansea, Dartmouth, and Tiverton and Portsmouth Rhode Island were devastated. (See more at http://www.youtube.com/watch?v=sB3IPzn6_Ew

On August 19, 1991 Hurricane Bob focused on southern New England and was the most recent hurricane to strike New England.

The Greater Fall River area is vulnerable to hurricanes and as such we should all take the threat seriously. Today’s weather forecasting is far superior to that of the last century, but residents must heed the warnings and take precautions to prevent needless injury and property damage.

These precautions include having a disaster supply kit ready in the event of an emergency. Suggested items include canned foods (meats and fish, fruits and vegetables, soups, etc.), cookies, crackers, peanut butter, coffee, tea and bottled water. Also practical items like a manual can opener, battery powered radio, extra batteries, flashlights and extra batteries, first aid supplies, propane gas grills, toiletries and medications, a full tank of gas for you car. Another item easy to overlook is cash. In the event of extended power outages, ATM’s and banks may not be available.

For complete lists visit the NationalHurricaneCenter website at www.nhc.noaa.gov/HAW2/english/prepare/supply_kit.shtml or see the Massachusetts Emergency Management Agency (MEMA) site list at www.mass.gov/Eeops/docs/mema/disaster_supply_list.pdf.

This time of year many of us enjoy the summer weather outside and have deck, patio, pool side, and yard furniture out.. Put away any loose furniture, toys, bikes, trash cans, and anything which could become a flying projectile in a storm. Flip patio tables over so the table top is on the ground. Bring in potted and hanging plants. High winds can cause anything loose fly around possibly breaking windows, damaging cars or other property.

Most importantly, listen to weather advisories and take precautions before the bad weather hits.

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

Now is the time to buy a home in the Greater Fall River area!

Now is the time to buy a home in the Greater Fall River area! There are tons of homes on the market and mortgage rates are terrific. ( See Mortgage Rates Reach Record Lows). With decent credit and as little 3.5% down, you could be in your own home in no time. Programs are available for first time home buyers with 10% down (and good credit) to get a 30 year fixed loan in the 4’s with no PMI! Many homes in rural areas qualify for USDA zero down, 30 years fixed loans with no PMI. Visit USDA site for info.

I recently searched MLS for single family homes currently for sale in Fall River and found there are 129 homes available with asking prices between $150,000 and $250,000.  In the same price range Somerset has 50. Swansea has 43, Dartmouth has 45, Westport has 11, Freetown has 14, and Dighton and Berkley each have 6. That’s just over 300 homes for sale in the Greater Fall River area, and if you’re in the market for something a little more pricey, these same communities have another 426 ranging in price from $250,000 to $500,000, and yet another 136 more ranging in price from $500,000 to one million dollars!

If you have been thinking about finding your dream home, or maybe you would like to take advantage of bargain prices for an investment opportunity, now is the time to act. Housing inventories include a mix of conventional, short sale, and bank owned properties. Some are in pristine, move in condition, some are handy man specials and fixer uppers, and some require complete rehab, but the selection is great, prices are down and financing terms are tremendous! With mortgage rates at record lows, now is the time to buy a home in the Greater Fall River Area!

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

Market Analysis, Houses for sale in Greater Fall River, MA (including Fall River, Somerset, Swansea, Westport, and Dartmouth)

Market Analysis, Houses for sale in Greater Fall River, MA (including Fall River, Somerset, Swansea, Westport, and Dartmouth)

The following market analysis of houses current for sale are from MLS as of7/21/11.
Fall River, MA                                                    
There are 221 single family houses for sale in Fall River MA with an average price of $226,438. These homes have been on the market for an average of 164 days.
There were 219 single family houses for sale in Fall River MA with an average price of $232,444 at this time last month.
There are 151 multi family houses for sale in Fall River MA with an average price of $241,355. These homes have been on the market for an average of 241 days.
There were 154 multi family houses for sale in Fall River MA with an average price of $241,942 at this time last month.
There are 66 condos for sale in Fall River MA with an average price of $146,070. These have been on the market for an average of 207 days.
There were 71 condos for sale in Fall River MA with an average price of $142,490 at this time last month.

Somerset, MA
There are 105 single family houses for sale in Somerset MA with an average price of $279,990. These homes have been on the market for an average of 178 days.
There were 111 single family houses for sale in Somerset MA with an average price of $273,344 at this time last month.
There are 5 multi family houses for sale in Somerset MA with an average price of $260,920. These homes have been on the market for an average of 210 days.
 There were 6 multi family houses for sale in Somerset MA with an average price of $269,916 at this time last month.
There are 2 condos for sale in Somerset MA with an average price of $227,450. These have been on the market for an average of 59 days.
There were 3 condos for sale inSomersetMAwith an average price of $208,933 at this time last month.
 

Swansea, MA
There are 105 single family houses for sale in Swansea MA with an average price of $324,396. These homes have been on the market for an average of 154 days.
There were 104 single family houses for sale in Swansea MA with an average price of $328,733 at this time last month.
 There are 4 multi family houses for sale in Swansea MA with an average price of $265,950. These homes have been on the market for an average of 153 days.
There were 5 multi family houses for sale in Swansea MA with an average price of $260,140 at this time last month.
There are 5 condos for sale in Swansea MA with an average price of $198,760. These have been on the market for an average of 314 days.
The same 3 condos were for sale in Swansea MA with an average price of $198,760 at this time last month.

Westport, MA
There are 133 single family houses for sale in Westport MA with an average price of $571,572. These homes have been on the market for an average of 133 days.
There were 124 single family houses for sale in Westport MA with an average price of $563,784 at this time last month. 
There are 9 multi family houses for sale in Westport MA with an average price of $556,540. These homes have been on the market for an average of 259 days.
There were 10 multi family houses for sale in Westport MA with an average price of $531,890 at this time last month.
There are 24 condos for sale in Westport MA with an average price of $321,537. These have been on the market for an average of 91 days.
There were 7 condos for sale in Westport MA with an average price of $258,271 at this time last month.

Dartmouth, MA
There are 226 single family houses for sale in Dartmouth MA with an average price of $700,853. These homes have been on the market for an average of 226 days.
There were 227 single family houses for sale in Dartmouth MA with an average price of $687,084 at this time last month.
There are 7 multi family houses for sale in Dartmouth MA with an average price of $251,914. These homes have been on the market for an average of 229 days. 
The same 10 multi family houses were for sale in Dartmouth MA with an average price of $251,914 at this time last month.
There are 15 condos for sale in Dartmouth MA with an average price of $544,093. These have been on the market for an average of 393 days.
There were 17 condos for sale in Dartmouth MA with an average price of $582,664 at this time last month.

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

Dartmouth MA. Real Estate Market Activity for the 1st half of 2011

Dartmouth MA. Real Estate Market Activity for the 1^st half of 2011 according to MLS Market Statistics is summarized below:

 

For the period of January 1 through June 30 2011, 85 properties sold (single family, multi family and condos) in Dartmouth, MA. For the same period in 2010, 104 properties sold. This was a decrease of 19 properties or 18%.

For the same period the average selling price in Dartmouth in 2011 was $319,533 versus $279,507 in 2010, or a 14% increase.

The average number days homes were on the market (amount of time it took to sell the property) in Dartmouth for this period in 2011 were 156 days versus 128 days in 2010 - an increase of 28 days or 22%.

To summarize, home sales for the first six months of this year versus last year, in Dartmouth MA, were off 18%, the price the homes sold for was up 14% and the length of time it took to sell these home increased 22%. There are 234 homes for sale in Dartmouth as of 7/1/11 with an average list price of $685,254 and have been on the market for an average of 242 days.

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