In 2009, Dorchester sales volume and selling prices slightly underperformed the values achieved in 2008. The numbers are as follows: In 2008, there were 844 residential properties sold vs. only 804 in 2009. This represents a 4.7% decrease in volume. The average sales price in 2008 was $251,248.00 and fell to $220,112.00 in 2009. This is a 12% decrease from the previous year. It is clear that the market has continued to trend downward in 2009, but this represents an opportunity for Dorchester buyers to purchase while the market is still recovering. It is only a matter of time before the real estate market rebounds and when it does, it will be to late to take advantage of the great deals that a presently on the market. Now is the time to buy.
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