This is your market in a minute for multi-family homes year end 2022 in Fall River MA.
Lack of inventory continues to plague the Fall River multi-family housing market with 2022 seeing a reduction in the number of multi-family home listed for sale by 20% from the previous year further fueling the pricing appreciation.
The average selling price for a multi-family home jumped almost 19% from 2022 to $524,000 with an average price of $157 per square foot.
Fewer listings, coupled with higher interest rates, resulted in the number of closed transactions dropping 26.5%, from 468 in 2021 to 344 in 2022.
Months of supply, although still strongly in the sellers' market jumped 85% to 1.5 months' supply over the previous year.
It's going to be interesting to see how this plays out in 2023 with raising rates and lenders tightening financing coupled with low inventory.
Of course, all real estate is local, and this is only for Fall River MA, so let me know if you would like to know more about what is happening in your neighborhood, community or town. And if you like these updates. please subscribe so you can stay "in-the-know".
Fall River, MA
Every year a spectacular fireworks display is launched over the water near the Braga Bridge in Fall River. The magnificent show can be seen throughout much of the city, but the best seats are on the waterfront. For a unique experience that everyone in your family will enjoy, head over to Battleship Cove and grab your tickets for their 4th of July event. For just $8.00 per person, you can get a view unlike any other and watch the fireworks from the deck of the USS Massachusetts.
If you do not want to spend money in order to see the fireworks, then you can line up anywhere near the waterfront for an amazing view! And if you are looking for something to do for a 21+ crowd, The Tipsy Seagull and The Cove Restaurant on the waterfront are two great places to grab a dink before settling in to watch the show.
The display begins at 9:30 PM and will last about a half an hour.
New Bedford, MA
The New Bedford waterfront is one of the most underrated beautiful places in the area, and that beauty is just magnified during the annual 4th of July Celebration. The event takes place at 9pm and goes until about 9:30pm. Each year Mayor Jon Mitchell and the City of New Bedford present The Fireworks Spectacular. The fireworks can be seen from lower Union Street and Front Street.
The State Pier will not be open to the public, and parking is unavailable there on July 4th.The lower portion of Union Street will also be closed to vehicles to enable viewing for event-goers. Event-goers are encouraged to park at the Zeiterion and the Elm Street Parking Garages.
The 4th of July parade in Westport is exactly what you can expect from the coastal beach town. From boats to tractors to fire trucks, the little parade is perfect for townies and tourists alike. The parade starts up on Main Road near Saint Johns Church, and ends at the Westport Junior/Senior High School. The parade begins around 9:30 AM and traffic will be stopped on Main Road at 9:15, so find your seats before then!
America’s oldest 4th of July celebration is right around the corner from us! Bristol, Rhode Island has hosted a celebration for 232 consecutive years, and they sure know how to celebrate! The parade begins at 10:30 AM at the corner of Chestnut Street and Hope Street and ends on High Street, between State Street and Bradford Street.
This parade is the biggest in the area, so give yourself plenty of time to park and find a seat along the route. It is also recommended that you bring food, water and sunscreen because it is a long parade and you will be sitting out for a while. For more information about what, and what not, to do at the Bristol 4th of July Parade click here!
Massachusetts is a beautiful state, with so many wonderful places to explore. OnlyInYourState.com is an entire site dedicated to all of the amazing places to see in Massachusetts, and this week Westport made the list. Horseneck Beach State Reservation was named as the “Most Beautiful Campground in All of Massachusetts.”
This stunning campground is a gem on the Southcoast. With over 100 spots to pitch your tent, this campground is on of the most popular Oceanside campgrounds in the state. The reservation is a massive 600 acres, with both beach and wilderness to explore. Walk over 2 miles of beach with nothing but water and sand as far as the eye can see. Fall asleep to the sounds of the waves crashing against the shore, and the birds chirping in the early morning.
This quiet spot in the middle of the quant country town is the perfect place to unplug from the world. Roast marshmallows over the fire at night, while the moonlight reflects off the water and illuminates your campsite. Come morning, enjoy a sunrise walk on the sand, or sleep in and spend your day laying on the beach. Your kids will have plenty to do, with plenty of space for sandcastle building and waves to splash in. The campground also has basketball and volleyball courts, ad well as a playground, so there is always something to do.
The campground includes a full comfort station, with flush toilets and hot showers. Each individual campsite is also equipped with a picnic table and grill, so you can have a home cooked meal right on the beach.
The campsites are located in the dunes just behind Gooseberry Neck, so you have the option of exploring that beach or heading down toward the sandier Horseneck beach just a bike ride away.
To reserve your summer getaway, click here!
Fall River, MALooking to take your dad out to a fancy dinner without breaking the bank? Then Sagres on Columbia Street in Fall River is the place to go. This Portuguese restaurant has nearly every dish your taste buds could desire. And with an atmosphere that feels more like a fancy Boston restaurant than a place in the heart of Fall River, you get the vibe of a trendy downtown joint with Southcoast prices.
The Head Town Landing Country Store
This adorable country store on Old County Road in Westport is the perfect spot to spend a sunny Father’s Day morning. The little shop smells like brewed coffee and freshly made donuts, giving your nose a treat as soon as you walk through the door. The shop also sells ice cream and Dels lemonade, so if you don’t make it there until later in the day, your Dad still won’t be disappointed. Grab a seat by the river, and watch the ducks play as you enjoy your perfect little Father’s Day.
The Tipsy Seagull
Grab a drink with this Father’s Day at the Tipsy Seagull in Fall River. This waterfront bar and grill is a great place to spend a casual Father’s Day with Dad. The drinks are strong, the food is delicious, and the waterfront view is gorgeous. If you want a Father’s Day full of laughs, sun and food, then the Tipsy Seagull is for you!
Roger’s Coney Island Hot Dogs
Not much says Father’s Day more than sharing a hot dog with Dad! This classic hot dog stand on North Main Street has always been the go to place to grab a hot dog in this city. Two Classic Roger’s hot-dogs and fries: $6.50. The memories: priceless.
The Boat House
This water front restaurant in Tiverton is a gem right in our backyard. Recognized as one of the Top Scenic Views in the United States by OpenTable diners in 2011, 2012, 2013 and 2014, The Boat House is a great place to take your Dad this Father's Day. This restaurant serves some of the freshest New England seafood in the area, so the place is always packed with people. Pro tip: make a reservation a couple of days before so you don’t have to worry about the wait!