The Trend in Home Sales in East Bridgewater MA 02333 - Improving, or...?
Home prices in East Bridgewater on average are falling! Home prices have fallen 21.8% since June of 2010.
However, the current average listing price of homes for sale in East Bridgewater, MA is up. The average listing price is $294,413, up 1.9% from a month ago. Compare this to the current median sales price of $190,000 - where half of home sales are above this amount and half are below it.
Below is a chart of the trend of median sales prices of homes in East Bridgewater, MA over the past 5 years through August 2010:
Median Sale Prices of Homes in East Bridgewater, MA
The number of home sales in East Bridgewater, MA is down 58.5% from year ago levels:
Number of Home Sales in East Bridgewater, MA
So what does all this mean? Well, if you're looking for a home in the town ofEast Bridgewater, you may be able to find a bargain. While home sales are overall are down, prices of homes are also down significantly from year ago levels.
You can still buy a home with little or no money down. You can buy a home with no money down with a VA Loan or 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 no money down or 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 East Bridgewater or in the surrounding area.
Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home in East Bridgewater or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.
East Bridgewater, MA 02333
Lew Corcoran, ASP®, IAHSP, IAHSP-CB