What has been going on in the Dartmouth housing market during September?

By
Real Estate Agent with SB&A Realty Group

What has been going on in the Dartmouthhousing market during September?

 

Here is some real estate market data describing the housing market in Dartmouth during the month of September and how it compares to the same time last year. The data is from the MLS and is for single family homes.

 

Dartmouth MA

 

There were 18 single family homes sold in Dartmouth area during September 2011 at an average sale price of $282,250 and median price of $230,000. For the same period in 2010, 11 single family homes sold with an average sales price of $346,723 and median price of $275,000.

 

 

 

Volume is up this year by 64%, and while the average price is off 18.9%, the median price dropped 16.4%.

 

There are currently 225 single family homes for sale in Dartmouth, with a medianHomes for sale in Dartmouth asking price of $425,000, as compared to a year ago when there were 202 homes with a median asking price of $429,700. This greater inventory along with slightly lower asking prices suggests pricing is becoming more stable in Dartmouth.

 

 

Buyers interested in purchasing a single family home in Dartmouth may want to act sooner rather than later while prices are down and interest rates remain historically low. It’s time to act now!

 

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

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