2019 Real Estate Market Snapshot
Based on year over year 4th quarter 2018 to 4th quarter 2019 area market review information compiled through the local multiple listing service, (MLS-PIN), for single family residences, the overall Massachusetts market continued to post gains in median sale prices up 3.75%, yet a slight increase in days on market, up 2.27%, and a large drop of -21.1% in volume of listing units.
The Bristol County-wide real estate market also posted gains in single family residential median sales prices, up 5.79% and saw increases in days on market, up 2.94% and there was a -19.56% decrease in inventory of active listing units.
The Fall River city-wide real estate market also posted gains in single family residential median sales prices, up 4.93% and no change in days on market, and realized a -20.22% decrease in inventory of active listing units. The attached files provide this and other information on the state, county and local levels.
Oliver Chace's Threadmill (c. 1840) is a solid granite mill building with lots of potential. This building was the original office building for the threadmill, however it has seen multiple uses throughout the years - most recently as a retail business. There is plenty of room to add parking to this corner lot. Roof is one year old, however building is in need of rehab and is being sold in as-is condition. This property is listed on The U.S. National Register of Historic Places because it is an early example of a granite mill building with a gabled roof. Being on the National Register does not restrict owners from renovating, rehabbing, or removing the building (as long as federal funds are not used), but it does open up doors for potential grants, tax incentives and loans for certain businesses.