Posts Tagged ‘Dorchester Agent’

Dorchester Home Sales Report June 2010

Friday, July 23rd, 2010

 

During the month of June 2010, Dorchester Homes experienced a healthy increase in sale volume, average sales price and the total value of homes sold, when compared to the sales data in June of 2009. There were a total of 76 Dorchester Homes sold in 2010 and 64 homes sold in 2009. This represents a 19% increase in total volume over 2009. The average sale price was $302,417.00 in 2010 and $255,504.00 in 2009. This represents an18% increase in the average Dorchester home sales price. The total value of all homes sold in Dorchester during June of 2010 was $22,983,691.00 and $16,352,260.00 in 2009. This represents an increase of 41%. That is almost even with the total value in 2008. After seeing the numbers it is clear that Dorchester real estate market is trending upward. The increase can be attributed to several factors including the home buyer tax credit, optimism about the local economy and a decrease in the number of petitions to foreclose.

Contact Bentley Real Estate Group For all of your Dorchester Real Estate Needs.

We Are The Market Experts!

Bentley Real Estate Group 404 Neponset Ave, Dorchester, MA 02122

800.884.9056

www.BentleyREGroup.com

 

Dorchester Single Family Home Sales 2008 VS 2009

Tuesday, February 16th, 2010

As the economy remains unstable, Dorchester single family home sales continued to slide in 2009. The total number of single family homes sold in 2008 were 165 versus 143 in 2009.  That represents a 13% decline. The average sales price was $295,506.00 in 2008 and $269,357.00 in 2009 a total decline of approximately 9%. The decline can most be attributed to an increase in foreclosures and short sales. As the Dorchester Market continues to decline, many potential buyers are cautiously waiting before they decide to make a purchase. While this strategy is safe and provides temporary security, it hinders the potential of getting a great deal at the bottom of the market. If you plan on staying in your next home for more than 5 years then there is no better time to buy than now.  It is truly a buyers market and if your on the fence, you risks missing the potential for a great deal. For more information about Dorchester Real Estate, please check out my website at www.Bentleyregroup.com

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