The Trend in Home Sales in West Bridgewater MA 02379 – Improving, or...?
Home prices in West Bridgewater on average have been falling in recent months! Home prices on average are down 16.3% compared to 2010, and they are down 9.3% since August of 2011.
The current average listing price of homes for sale in West Bridgewater MA is $308,487, down 1.0% from a month ago. Compare this to the current median sales price of $238,500 - 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 West Bridgewater MA over the past 3.5 years through December 2011:
So what does all this mean? Well, if you're looking for a home in the town of West Bridgewater, you may be able to find a bargain. While sellers aren't in control of this market, buyers still should be reasonable in their offers 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 West Bridgewater 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. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.
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