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      Home prices in Taunton, MA - A market update, 4th quarter of 2013

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      by Mike Ballow

      Happy New Year!!! My market update for the 4th quarter of 2013 saw increases in the sales prices across the board for all residential housing sectors. The number of units sold however saw decreases on both single family and multi-family homes with a slight positive change on the number of condos sold within the same period. As we're into the deep of the winter there have not been a tremendous number of homes coming onto the market. This of course is a typical situation and as we know spring is just around the corner! Plus, pitchers and catchers for the Boston Red Sox report to spring training on February 15, 2014.

      winterInterest rates continue to be in the low 4% range but the feeling from the mortgage professionals is that we will see an increase in rates in the latter part of 2014. With that said, if you are on the fence, now is a great time to get yourself preapproved and to start watching what new inventory comes onto the market. You have to be prepared and ready to write an offer even before finding the right property. Contact me and I'll put you in contact with a mortgage professional who will get your preapproval together.

      The data below is compiled from theMLS Property Information Network for the 4th 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 October 1, -December 31, 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

      5

      55

      $82,300

      $91,620

      90

      $95,620

      87

      $100,000 - $149,999

      9

      107

      $126,289

      $127,328

      100

      $138,817

      92

      $150,000 - $199,999

      12

      57

      $173,775

      $179,846

      97

      $184,013

      96

      $200,000 - $249,999

      22

      89

      $224,739

      $228,230

      99

      $241,257

      94

      $250,000 - $299,999

      16

      109

      $272,269

      $279,188

      98

      $289,544

      94

      $300,000 - $349,999

      11

      143

      $329,159

      $331,264

      99

      $311,446

      120

      $350,000 - $399,999

      7

      68

      $367,771

      $354,900

      104

      $356,329

      104

      $400,000 - $449,999

      1

      63

      $415,000

      $439,900

      94

      $439,900

      94

      Total Properties

      83

      Avg. 93

      $235,471

      $238,775

      98

      $243,808

      98

      2013 MLS Property Information Network, Inc.

      Multi-Family Homes in Taunton, MA for the period October 1, -December 31, 2013

      Price Range

      # of listings

      Avg. Days on market

      Average Sale Price

      Average List Price

      SP:LP Ratio

      Average Orig Price

      SP:OP Ratio

      $100,000 - $149,999

      6

      90

      $121,567

      $125,767

      97

      $125,767

      97

      $150,000 - $199,999

      5

      58

      $175,002

      $178,660

      99

      $176,480

      100

      $200,000 - $249,999

      8

      40

      $231,100

      $237,588

      97

      $239,075

      97

      $250,000 - $299,999

      3

      61

      $269,500

      $301,583

      89

      $311,583

      87

      Total Properties

      22

      Avg. 60

      $193,714

      $202,425

      97

      $203,834

      96

      2013 MLS Property Information Network, Inc.

      Condominiums in Taunton, MA for the period October 1, - December, 31 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

      4

      76

      $72,800

      $80,650

      90

      $90,050

      83

      $100,000 - $149,999

      9

      129

      $117,989

      $122,789

      97

      $125,300

      95

      $150,000 - $199,999

      8

      79

      $177,800

      $181,163

      98

      $188,663

      95

      $200,000 - $249,999

      5

      60

      $209,437

      $214,340

      98

      $227,160

      93

      Total Properties

      26

      Avg. 92

      $147,026

      $151,873

      96

      $158,962

      93

      2013 MLS Property Information Network, Inc.

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