The Trend in Home Sales in Acushnet MA - Improving, or...?
Home prices in Acushnet on average are rising! Home prices are up 4.9% since August of 2009.
The current average listing price of homes for sale in Acushnet MA is $325,686, up 2.1% from a month ago. Compare this to the current median sales price of $193,938 - where half of sales are above this amount and half below it.
Below is a chart of the trend of median prices of homes for sale in Acushnet MA over the past year through August 2010:
The number of sales for all homes for sale in Acushnet is down 43.7% from year ago levels:
So what does all this mean? Well, if you're looking for a home in Acushnet, you better not mess around too much. While sales are overall are falling, prices of homes are climbing. 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 Acushnet 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 Acushnet or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.