The South Coast Real Estate Round-Up

Local Stats: What a difference a year makes!

October 14th, 2012 12:53 PM by Christopher Terry

The following are MLS Statistics for the Real Estate Offices of the Greater Fall River Association of Realtors comparing Sept 2012 VS Sept 2011.

Sept 2012: New Listings: 94; Price changes: 112; Pending: 64; Units Sold: 63; Average Sales price for the month?: $219,810

Sept 2011: New Listings: 6; Price Changes: 148; Pending: 0; Units Sold: 67; Average Sales Price for the month? $256,870

What a difference one year can make. Sept 2011 was a slow month for new listings with only 6, and there were 0 pending sales with 148 price changes. While this year September saw 94 new listings, 64 pending sales, and the number of price changes were down.

Finally we have the average selling price down almost 15%! Low prices coupled with this years incredibly low interest rates help to explain why we are seeing an increase in market activity.

It is widely agreed that the house market has turned a corner. The question is: Are you ready to make the best purchase decision possible?

We are here to help you get on track and help you save time, money and frustration. Visit for details or call us direct at 508-646-4777.

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Christopher Terry is a licensed real estate broker in Ma and RI, has completed the Accredited Buyer Representative Certification, is a graduate of the Certified Distressed Property Institute, holds the prestigious CDPE designation and is the founder of EZ Home Search Real Estate Inc. 

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Posted by Christopher Terry on October 14th, 2012 12:53 PM


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