New England Properties

The Trend in Home Sales in Bridgewater MA 02324 - Improving, or...?

The Trend in Home Sales in Bridgewater MA 02324 - Improving, or...?

Home prices in Bridgewater on average are falling! Home prices have fallen 9.2% since June of 2011.

However, the current average listing price of homes for sale in Bridgewater, MA is up. The average listing price is $314,274, up 1.1% from a month ago. Compare this to the current median sales price of $243,270 - where half of home sales are above this amount and half are below it.

Below is a chart of the trend of median sales prices of homes in Bridgewater, MA over the past 5 years through August 2010:

Median Sale Prices of Homes in Bridgewater, MA

 

 

The number of home sales in Bridgewater, MA is down 33.8% from year ago levels:

Number of Home Sales in Bridgewater, MA

 

So what does all this mean? Well, if you're looking for a home in the town ofBridgewater, you may be able to find a bargain. Both prices and sales of homes are down significantly from where they were a year ago.

You can still buy a home with little or no money down. You can buy a home with no money down with a VA Loan or 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 no money down or 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 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 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

 

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1 commentLew Corcoran • July 26 2011 02:45PM