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The Trend in Home Sales in New Bedford MA - Improving, or...?
The Trend in Home Sales in New Bedford MA - Improving, or...?
Home prices in New Bedford on average are falling - but just slightly - and appear to be stabilizing! Home prices have fallen 1.0% since July of 2009.
The current average listing price of homes for sale in New Bedford MA is $206,854, down just 1.1% from a month ago. Compare this to the current median sales price of $158,424 - where half of sales are above this amount and half below it.
2 and 3 bedroom homes are selling for less while prices of 4 bedroom homes are increasing. Prices of 2 bedroom homes are down 2.3% while prices of 3 bedroom homes are down 4.0% from year ago levels. However, 4 bedroom homes are up 16.3%. Below is a chart of the trend of median prices of homes for sale in New Bedford MA over the past 5 years through July 2010:
New Bedford Recently Sold Homes

The number of sales for all homes have been increasing over the past 2 years:
New Bedford Recently Sold Homes

So what does all this mean? Well, if you're looking for a 2 or 3 bedroom ... more

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