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What's going on in the Taunton Real Estate market?

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by Mike Ballow

Weve made it into another Spring market! Overall, there are some good trends happening in Taunton Real Estate. Below are the sales figures for the 1st quarter of 2012. For this update, the most important factor that deserves to be mentioned is that across all 3 segments that this update covers, (single family, multi-family, and condo) the average sales prices are up from the 4th quarter of 2011! Yes, you did just read that, the average sale prices in Taunton, MA have increased during the 1st quarter of 2012!!! Although the number of single family and condos SOLD was on par with the previous quarter, the SOLD multi-family properties increased by 27%. The word on the street from other brokers and agents is that everyone is keeping pretty busy. Lets hope that my next update will continue to bring more good news.

The data below is compiled from theMLS Property Information Network for the 1st quarter of 2012. If you'd like to see the market data for your particular community in Massachusetts please send me an email and I'd be happyto prepare it for you.

Use the following links to view single family homes, multi-family homes, and condominiums that are currently for sale inTaunton, MA. As always, if you have ANY real estate related questions or needs, please feel free to give me a call!

Single Family Homes in Taunton, MA for the period January 1, - March 31, 2012

Price Range

# of listings

Avg. Days on market

Average Sale Price

Average List Price

SP:LP Ratio

Average Orig Price

SP:OP Ratio

$50,000 - $99,999

8

87

$83,890

$102,663

84

$134,575

70

$100,000 - $149,999

8

77

$127,910

$131,450

99

$148,313

93

$150,000 - $199,999

11

148

$173,120

$183,436

95

$204,127

86

$200,000 - $249,999

22

153

$226,264

$236,864

96

$250,200

91

$250,000 - $299,999

13

110

$265,892

$267,562

99

$285,308

94

$300,000 - $349,999

4

87

$320,250

$330,575

97

$340,550

94

$350,000 - $399,999

3

140

$383,300

$386,600

99

$393,267

98

Total Properties

69

Avg. 123

$209,623

$218,291

95

$235,709

89

2012 MLS Property Information Network, Inc.

Multi-Family Homes in Taunton, MA for the period January 1, - March 31, 2012

Price Range

# of listings

Avg. Days on market

Average Sale Price

Average List Price

SP:LP Ratio

Average Orig Price

SP:OP Ratio

$0 - $49,999

1

154

$39,000

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