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      Home prices in Taunton, MA - A market update, 3rd quarter of 2013

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      HOUSEby Mike Ballow

      For the 3rd quarter of 2013, we saw a minor decrease in the average sales price for single family homes that were sold and a modest increase for multi-family homes. Overall, sales are up! Most agents I know were all extremely busy during the time period covered in this report. Interest rates were still at historic lows and the carryover from the active spring market were the main contributing factors. Condos on the other hand did hold pace with the previous quarter on a unit sold basis, but, there was a decrease in the average sales price. As we're currently into the 4th quarter interest rates that had risen have now fallen again. The "shut down" of the Government may wreak havoc with some types of lending especially in real estate markets like Taunton where many buyers reply on FHA, VA, and Rural Housing programs. Additionally, issues with the IRS and SSA may add to delays for those who require any of the supporting documentation these agencies provide for lending purposes.

      The data below is compiled from theMLS Property Information Network for the 3rd quarter of 2013. 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 July 1, - September 30, 2013

      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

      5

      $46,500

      $40,500

      115

      $40,500

      115

      $50,000 - $99,999

      1

      168

      $65,000

      $89,900

      72

      $122,400

      53

      $100,000 - $149,999

      14

      152

      $128,954

      $145,171

      91

      $160,586

      86

      $150,000 - $199,999

      19

      141

      $176,045

      $182,654

      96

      $188,328

      94

      $200,000 - $249,999

      28

      72

      $225,205

      $226,600

      100

      $235,132

      96

      $250,000 - $299,999

      23

      84

      $269,904

      $271,943

      99

      $281,161

      96

      $300,000 - $349,999

      8

      93

      $326,938

      $330,425

      99

      $329,800

      99

      $350,000 - $399,999

      3

      110

      $377,800

      $381,567

      99

      $381,567

      99

      $400,000 - $449,999

      0

      0

      $0

      $0

      0

      $0

      0

      $450,000 - $499,999

      1

      32

      $490,000

      $519,000

      94

      $519,000

      94

      Total Properties

      98

      Avg. 102

      $224,634

      $229,998

      97

      $238,182

      94

      2013 MLS Property Information Network, Inc.

      Multi-Family Homes in Taunton, MA for the period July 1, - September 30, 2013

      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

      1

      88

      $93,000

      $94,900

      98

      $117,900

      79

      $100,000 - $149,999

      7

      49

      $123,486

      $127,800

      97

      $128,514

      97

      $150,000 - $199,999

      3

      31

      $188,000

      $187,933

      100

      $197,933

      96

      $200,000 - $249,999

      11

      47

      $216,945

      $223,155

      98

      $228,091

      96

      $250,000 - $299,999

      4

      54

      $266,250

      $275,950

      97

      $293,675

      91

      Total Properties

      26

      Avg. 49

      $191,262

      $196,608

      98

      $203,654

      95

      2013 MLS Property Information Network, Inc.

      Condominiums in Taunton, MA for the period July 1, - September 30, 2013

      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

      9

      140

      $76,256

      $80,979

      97

      $89,856

      89

      $100,000 - $149,999

      8

      89

      $122,788

      $125,913

      98

      $132,275

      93

      $150,000 - $199,999

      5

      139

      $164,100

      $165,780

      99

      $170,760

      96

      $200,000 - $249,999

      3

      283

      $210,767

      $211,600

      100

      $219,600

      96

      Total Properties

      25

      Avg. 141

      $124,856

      $127,992

      98

      $135,180

      93

      2013 MLS Property Information Network, Inc.

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