The South Coast Real Estate Round-Up

February 2023 Multi-Family Home Market in a Minute for Fall River MA

March 18th, 2023 3:05 PM by Christopher Terry

February’s median sales price for a multi-family Home in Fall River Ma jumped 17.25% from the previous February. 

In February there were 36 multi families sold and closed with a median sales price of $521,771. 

That’s up 17.25% compared to the previous February when there were 53 units sold and closed with a median sales price of $445,000. 

Months of supply jumped 60% to 1.06 months. Still well below a balanced market. 

It’s interesting to note that multifamily homes that are active on the market have a median days on market of 97 days. While for multifamily homes that are currently under agreement the days on market is just 16 days. 

This indicates that as long as you are price appropriately there are eager buyers actively looking. 

Of course, all real estate is local, so let me know if you want to know more about what is happening in your neighborhood and if you like these updates, please like and subscribe so you can stay in the know. 


Buying a home is a BIG Decision!

If you've thought about buying - now, or in the near future - and you want to ensure that the experience is smooth and easy as possible, this guide is for you! 

In this guide you will discover:

  • How to Understand the Real Estate Market and Market Cycles
  • If Now is A Good Time to Buy
  • The Pre-Purchase Process to Understanding if You Are Ready
  • What You Need to Know About Your Credit Score
  • Who's Involved in the Purchase Process
  • House Hunting Tips
  • Identifying your "Must Have's" and "Nice to Have's" 
  • 10 Things to Consider When Choosing Your New Home
  • Tips to Purchasing New Construction Through a Builder
  • Tips for Making an Offer and Negotiating the Deal
  • The Purchase and Closing Process
  • Home Inspection and Appraisal Tips
  • Securing Financing and Understanding Closing Costs

PLUS: Our Moving Checklists, Loan Application Checklist and so much more!  We want you to know that we're here to help every step of the way. 

Our Buyer's Guide is FREE, with no-obligation what-so-ever. Enjoy!


#realestate #massachusetts #marketinaminute #multifamily #fallriverma #WeMakeItEZ

Posted by Christopher Terry on March 18th, 2023 3:05 PM

Archives:

My Favorite Blogs:

Sites That Link to This Blog:


E Z Home Search Real Estate Inc.