New England Properties

The Trend in Home Sales in Berkley MA - Improving, or...?

The Trend in Home Sales in Berkley MA - Improving, or...?

Home prices in Berkley on average are rising - but barely! Home prices are up just 0.3% since August of 2009.

The current average listing price of homes for sale in Berkley MA is $401,390, up 2.0% from a month ago. Compare this to the current median sales price of $272,850 - where half of sales are above this amount and half below it.

Below is a chart of the trend of median prices of homes for sale in Berkley MA over the past 5 years through August 2010:


The number of sales for all homes for sale in Berkley is unchanged from year ago levels:


So what does all this mean? Well, if you're looking for a home in Berkley, you better not wait too long. While sales overall are flat, prices of homes are beginning to rise.

You can still buy a home with no money down with a VA Loan or with a USDA Rural Development Home Loan. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. With a MassHousing loan, you can purchase a home with as little as 3.0% down. When you're ready to buy a home, find out how much house you can afford to buy in Berkley or in the surrounding area.

Be sure to contact me, Lew Corcoran, toll free at 1-800-941-5616, when you're looking to get pre-approved for a purchase of your next home in Berkley or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.

 

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton MA and the Surrounding Area

 

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0 commentsLew Corcoran • September 27 2010 09:48AM