Taunton MA house prices and market analysis
Currently there are 182 single family homes on the market- 43 of them are bank owned or short sale homes.
There are 51 Multi-family homes on them market- and 19 of them are bank owned or short sale homes.
13 homes sold in January 2011- Average sales price of $219,000 which is down from last January
January 2010- there were 13 homes sold as well, however, the average sales price was $249,000.
A price decline of $30,000 on average
Of the 13 homes sold, a surprising number is that the number of bank owned and short sale houses sold is just 2!
The experts indicate another flurry of foreclosure inventory set to hit the market by spring.. as always, foreclosures place downward pressure on market prices.
If you would like to sell your property, it is best to list the home for sale now, waiting until spring will be more competitive. Buyers are out in the winter, they are the serious buyers.