New England Properties

The Trend in Home Prices in East Bridgewater MA in January 2012 – Improving, or...?

The Trend in Home Prices in East Bridgewater MA in January 2012 – Improving, or...?

 

Prices of single family homes in East Bridgewater MA in January 2012 on average have been rising in recent months! Home prices in January 2012 on average are up 17.4% compared to January 2011, and they are up 18.1% since July of 2011.

 

The average listing price of single family homes for sale in East Bridgewater MA in January 2012 is $321,150, up 22.3% from a month ago. Compare this to the current median sales price of $290,000 - where half of sales are above this amount and half below it.

 

Below is a chart of the trend of median sales prices of single family homes sold in East Bridgewater MA over the past 5 years through January 2012:

 

Median sales prices of single family homes in East Bridgewater MA in January 2012 

However, the number of single family homes sold per month in January 2012 in East Bridgewater MA has decreased 31.2% from the average over the last 12 months.

 

Below is a chart of the trend in the number of monthly settlements of single family homes sold in East Bridgewater MA over the past 5 years through January 2012:

 

Number of homes sold in East Bridgewater MA from January 2007 through January 2012 

So what does all this mean? Well, if you're looking for a home in East Bridgewater MA, you better not mess around too much. Mortgage rates are at historical lows, and while sales of homes is down, prices of homes are up.

 

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 East Bridgewater MA 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. 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

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • February 22 2012 04:31AM

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

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

Home prices in East Bridgewater on average are falling! Home prices have fallen 8.0% since July of 2009.

The current average listing price of homes for sale in East Bridgewater MA is $294,511, up just 0.5% from a month ago. Compare this to the current median sales price of $230,000 - where half of sales are above this amount and half below it.

Prices of 2, 3 and 4 bedroom homes are all down from year ago levels. Prices of 2 bedroom homes are down 15.1% while prices of 3 bedroom homes are down 26.7% and 4 bedroom homes are down 34.3% from year ago levels. Below is a chart of the trend of median prices of homes for sale in East Bridgewater MA over the past 5 years through July 2010:


Although cyclical, the number of sales for all homes have been fairly flat over the past 5 years:


So what does all this mean? Well, if you're looking for a home in East Bridgewater, you can probably find a bargain. Still, lowball offers won't cut it in a market like this. Sellers aren't in control of the market either, so both buyers & sellers should be reasonable when negotiating.

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 East Bridgewater or in the surrounding area.

Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home in East Bridgewater 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

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • August 19 2010 09:06AM

Trend in Home Sales in East Bridgewater MA Through May 2010

Trend in Home Sales in East Bridgewater MA Through May 2010

According to Trulia.com, sales prices of homes in East Bridgewater have decreased 5.0% over the past year through May 2010, and have depreciated 32.7% over the past 5 years. The current average listing price of homes for sale in East Bridgewater MA is $281,255, while the current median sales price is $223,325.

The median sales price is the price at which one half of the homes sold above that amount, and one half of the homes sold below that amount. Below is a chart of the trend of median prices of homes for sale in East Bridgewater MA over the past 5 years


Below is a chart of the trend in home sales in East Bridgewater MA over the past 5 years through May 2010:


If you're looking to buy a home or condo in East Bridgewater MA or in the surrounding area, then search the MLS.

 

 

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

 

Search the MLS for:

Homes for Sale | Homes for Rent

Short Sales (Pre-Foreclosures)

Government and Bank Foreclosed Homes for Sale

Learn how to Avoid Foreclosure with Home Rescue Plans

Get the latest Easton MA Real Estate Market News

0 commentsLew Corcoran • June 08 2010 10:17AM