New England Properties

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

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

Home prices in Raynham on average are falling! Home prices are down 19.5% since August of 2009.

The current average listing price of homes for sale in Raynham MA is $317,262, down 3.6% from a month ago. Compare this to the current median sales price of $233,411 - where half of sales are above this amount and half below it.

3 and 4 bedroom homes are selling for less. Prices of 2 bedroom homes are down 20.7% from year ago levels while prices of 3 bedroom homes are down 25.4%. Below is a chart of the trend of median prices of homes for sale in Raynham MA over the past year through August 2010:


The number of sales for all homes for sale in Raynham is down 40% from year ago levels:


So what does all this mean? Well, if you're looking for a 3 or 4 bedroom home in Raynham, you can probably find a bargain in 3 and 4 bedroom homes as prices and sales are down. 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 Raynham 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 Raynham 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 • September 20 2010 10:02AM

Trend in Home Sales in Raynham MA Through May 2010

Trend in Home Sales in Raynham MA Through May 2010

According to Trulia.com, sales prices of homes in Raynham have decreased 20.1% over the past year through May 2010, and have depreciated 26.1% over the past 5 years. The current average listing price of homes for sale in Raynham MA is $304,074, while the current median sales price is $243,750.

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 Raynham MA over the past 5 years


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


If you're looking to buy a home or condo in Raynham 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 09 2010 12:33PM