Kinnane Group Tracks Local Market Activity

Local market activity is stable August through September. Monthly statistics that cover the towns of Dartmouth, Fall River, Little Compton, RI, Somerset, Swansea, Tiverton, RI, and Westport reveal a total of 139 residential properties went under agreement from 09/01/2010 through to 10/01/2010 with a median and average sale price of $204,450 and $250,345, respectively.  September's activity marks only a very slight increase over the volume of residential pending sales realized in August 2010 that came in at 132 properties for the same coverage area.  August recorded a median and average sale price of $209,900 and $248,932.