Swansea MA. Real Estate Market Activity for the 1st half of 2011

By
Real Estate Agent with SB&A Realty Group

Swansea MA. Real Estate Market Activity for the 1st half of 2011 according to MLS Market Statistics is summarized below:

Trends weathervane 

For the period of January 1 through June 30 2011, 60 properties sold (single family, multi family and condos) in Swansea, MA. For the same period in 2010, 70 properties sold. This was a decrease of 10 properties or 14%.

 

For the same period the average selling price in Swansea in 2011 was $228,392 versus $226,791 in 2010, or a 1% increase.

 

The average number days homes were on the market (amount of time it took to sell the property) in Swansea for this period in 2011 were 171 days versus 162 days in 2010 - an increase of 9 days or 6%.

 

To summarize, home sales for the first six months of this year versus last year, in Swansea MA, were off 14%, the price the homes sold for was up 1% and the length of time it took to sell these home increased 6%. There are 112 homes for sale in Swansea as of 7/1/11 with an average list price of $323,225 and have been on the market for an average of 168 days.

 

To learn more about the Swansea and the Greater Fall River area, visit my website at www.stevew-homes.com or contact me directly at 508-558-8035.

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