The Trend in Home Sales in Bridgewater MA 02324 – Improving, or...?
Home prices in Bridgewater on average have been rising in recent months! While home prices on average are down 11.8% compared to 2010, and they are up 13.5% since August of 2011.
The current average listing price of homes for sale in Bridgewater MA is $299,902, up 2.3% from a month ago. Compare this to the current median sales price of $244,000 - 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 Bridgewater MA over the past 5 years through December 2011:
So what does all this mean? Well, if you're looking for a home in the town of Bridgewater, you better not mess around too much. Both sales of homes and prices of homes are up.
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 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.