The Seekonk Real Estate Market for 2011 has come and gone. I’ve been tracking the foreclosure market in our town. In November 2011, six foreclosure auctions were scheduled. December 2011 there were two. So far for January 2012, five auctions are scheduled. Unfortunately for 2012 it appears that many more are on the way.
Overall, 2011 was a very busy year. According to the MA MLS PIN, ninety eight Single Family homes SOLD. The average Sale Price was $278,632 with an average of 165 Days On The Market.
One Multi-Family Sold for $158,000 and was on the market for 27 days.
Six Parcels of Land Sold for an average of $149,150.
Finally, two Commercial Properties Sold. One was Listed for $69,000 and Sold for $63,000. The other Commercial Property was Listed at $410,000 and Sold for $207,500.
For more information on the Seekonk Real Estate Market visit www.SeekonkRealEstateNews.com.
I wish all of you a happy and healthy New Year!
