New England Properties

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

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

Home prices in Wareham on average are falling! Home prices have fallen 19.0% since June of 2009.

The current average listing price of homes for sale in Wareham MA is $413,771, up 1.2% from a month ago. Compare this to the current median sales price of $165,600 - where half of sales are above this amount and half below it.

Prices of 2, 3 and 4 bedroom homes are all down. Prices of 2 bedroom homes are down 22.1% while prices of 3 bedroom homes are down 25.3% and 4 bedroom homes are down 26.0% from year ago levels. Below is a chart of the trend of median prices of homes for sale in Wareham MA over the past year through June 2010:


While cyclical, the number of sales for 2 and 3 bedroom homes have been relatively flat over the past several years, but have been increasing over the past couple of months:


So what does all this mean? Well, if you're looking for a home in the town of Wareham, you better not mess around too much. Overall, sales are relatively flat, and prices of homes have fallen in the past year. While sellers still aren't in control of this market, buyers should still be reasonable in their offers when negotiating.

You can still buy a home with no money down in Wareham with a VA Loan or with a USDA Rural Development Home Loan. With a MassHousing loan, you can purchase a home with as little as 3.0% down. And, with the FHA Mortgage program, you can purchase a home with as little as 3.5% down.

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 Wareham 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 09 2010 08:35AM

Trend in Home Sales in Wareham MA Through April 2010

Trend in Home Sales in Wareham MA Through April 2010

According to Trulia.com, sales prices of homes in Wareham have declined 10.6% over the past year through April 2010, and have declined 28.9% over the past 5 years. The current average listing price of homes for sale in Wareham MA is $421,263, while the current median sales price is $170,000.

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 Wareham MA over the past 5 years through April 2010:


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


If you're looking to buy a home or condo in Wareham 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 • May 18 2010 05:44AM

Update on Home Sales in Wareham MA Through March 2010

Update on Home Sales in Wareham MA Through March 2010

According to Trulia.com, sales prices of homes in Wareham and have decreased 4.1% over the past year, and have fallen 29.0% over the past 5 years. The current average listing price of homes for sale in Wareham, MA is $406,507, while the current median sales price is $177,500.

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 sales prices of homes in Wareham, MA, in the past year through March 2010:


Below is a chart of the trend of home sales in Wareham, MA, in the past year through March 2010:


If you're looking to buy a home or condo in Wareham 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 • April 12 2010 05:35AM

Home Value Update for Wareham MA 02571 Through January 2010

Home Value Update for Wareham MA 02571 Through January 2010

According to Trulia.com, the current average listing price of homes for sale in Wareham, MA is $387,754, while the current mean sales price of homes is $190,000. Sale prices of single family homes in Wareham, MA have fallen 5.0% in the past year through the end of January 2010, and have fallen 24.0% over the last 5 years. Below is a chart of the trend of listing prices of homes for sale in Wareham, MA, in the past year through January 2010:

The homebuyer tax credit is set to expire on April 30, 2010. In addition, mortgage rates are still at near historic lows. So, there's no better time than now to buy a home in Wareham, MA, or surrounding area. If you're looking for a home or condo to purchase in Wareham or the surrounding area, then try this home search.

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. When you're ready to buy a home, find out how much house you can afford to buy in Wareham or in the surrounding area.

If you're 62 or older and are looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses, then consider getting a reverse mortgage. Find out how a reverse mortgage can use the equity in your home in Wareham to pay you. You can even purchase a home with a reverse mortgage.

 

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 23 2010 09:26AM