May Market Results are In

The robust local residential real estate market continued to march on in May. Sales volume posted gains of 10.07% over April with 164 new properties going under agreement for the month and while the median sale price remained effectively unchanged with a very slight 0.025% decline, the median sale price climbed by 13.19% to $258,685.  All in all, May was a very good month for the local real estate market and to further qualify these results, sales volume was up 30.16% and the medain sale price was up 8.72% when compared to the same time period in 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 05/01/2012 through to  05/31/2012 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!