June volume down, prices mixed-mostly steady

The market apparently took a little breather during the month of June.  Sales volume was down 21.95%  to 128 transactions from the 164 we saw in May. Likewise the mean price dipped just  a bit by -1.55% to $254,671 while the median sale price climbed by 8.28% to $216,500., month over month.   To further qualify these results, sales volume was also down 16.88% while both the mean and  median sale price were up 0.30% and 2.61%, respectively, when compared to June 2011.

These sales  statistics cover the towns of  Dartmouth, Fall  River, Little Compton, RI,  Somerset, Swansea, Tiverton, RI, and  Westport. They reveal monthly activity for  residential properties that went under agreement from 06/01/2012 through to  06/30/2012 in our local market area as serviced by the H3MLS-Property Information Network.

If you're ready to jump off  the fence and into the local real estate market and take advantage of  the opportunities that exist, contact us today to determine your options as  either a buyer or a seller.  We're here to work through the complexities of the local real estate market, make sure you neither under sell or over pay for your property, and to help you out along the way!

We are ready to serve all of your local real estate appraisal and brokerage needs.  Our  coverage area  includes the southcoast region of Massachusetts and the east bay region of Rhode Island.  Please feel free to contact us today!

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