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

Single Family homes sold and for sale in Freetown, 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 Freetown, 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 21 single family homes sold in Freetown during this period with a median price of $285,000. For the same period in 2011, 14 single family homes sold with a median price of $247,500.

Sales volume is up a whopping 50% this year over the same period last year, and the median price is up 15.2%!

There are currently 50 single family homes for sale in Freetown, with a median asking price of $314,450, as compared to a year ago when there were 71 homes on the market with a median asking price of $399,800.

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

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

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

Here is some real estate market data describing the housing market in Freetown 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 16 single family homes sold in Freetown during the first quarter of 2012 at a median price of $287,075. For the same period in 2011, 7 single family homes sold with a median price of $240,000.

Volume for the first quarter of 2012 is up this year by 129%, while the median price is up 19.6%.

There are currently 46 single family homes for sale in Freetown, with a median asking price of $327,000, as compared to a year ago when there were 67 homes with a median asking price of $357,900.

Sellers enjoyed a very positive first quarter of 2012. Lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Freetown 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 Freetown 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 Freetown during 2011

Single family home sales in Freetown during 2011

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

64 single family homes sold in Freetown during 2011 at an average sale price of $250,542 and median price of $240,000. For the same 12 month period in 2010, 59 single family homes sold with an average sales price of $260,310 and median price of $264,000.

2011 volume was up 8% compared to last year, while the average price was down 3.8% and the median price down 9% or $24,000.

As of January 1 2012 there were 58 single family homes for sale in Freetown, with a median asking price of $338,375, as compared to January 1 a year ago when there were 51 homes with a median asking price of $369,900.

What does all this mean? Inventory is up 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 Freetown!

To learn more about the Greater FreetownMA 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 Freetown during November

Single Family homes sold and for sale in Freetown during November

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

There were 8 single family homes sold in Freetown during November 2011 at an average sale price of $288,338 and median price of $249,000. For the same period in 2010, 3 single family homes sold with an average sales price of $233,000 and median price of $279,000.

Volume for November is up this year by 167%, the average price is up 23.8% while the median price is down 10.6.6%.

There are currently 72 single family homes for sale in Freetown, with a median asking price of $327,000, as compared to a year ago when there were 54 homes with a median asking price of $364,900.

Sellers enjoyed another very positive month in November. Continued strong inventory along with lower asking prices and historically low interest rates puts those interested in purchasing a single family home in Freetown 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 Freetown MA area, visit my website atwww.stevew-homes.comor contact me directly at 508-558-8035.

Single Family homes sold and for sale in Freetown during October

Here is some real estate market data describing the housing market in Freetownduring 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 6 single family homes sold in Freetown during October 2011 at an average sale price of $267,250 and median price of $265,750. For the same period in 2010, 5 single family homes sold with an average sales price of $210,160 and median price of $205,000.

Volume for October is up this year by 20%, the average price is up 27.2% and the median price is up 29.6%.

There are currently 73 single family homes for sale in Freetown, with a median asking price of $349,800, as compared to a year ago when there were 59 homes with a median asking price of $359,900.

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 Freetown 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 FreetownMA 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.

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.

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.