The South Coast Real Estate Round-Up

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

April 28th, 2023 3:31 PM by Christopher Terry

Investors still see opportunity in the Fall River multi-family home market pushing the year over year median sales price up more than 20% over the last year.  

From March 2022 to March 2023 Fall River saw the median sales price of multi-family homes appreciate by 20.45%. This is on top of the 15% appreciation seen from 2021 to 2022. 

To add fuel to the fire there were just 72 multi-family homes listed so far this year, down 27% from last year.  

With the months of supply remained steady at .66 months.  

Although higher mortgage rates have reduced the buyer traffic, the opportunities in Fall River continue to attract both owner-occupied multi family homeowners and investors.  

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

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#realestate #massachusetts #marketinaminute #fallriverma #WeMakeItEZ #ezhomesearch

Posted by Christopher Terry on April 28th, 2023 3:31 PM


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