Southbridge, MA Real Estate Update - 2009 vs 2008
By Kathryn Acciari, Mortgage Loan Originator
(Central One Federal Credit Union)
Southbridge, MA Real Estate Update - 2009 vs 2008 What's happening in real estate in Southbridge MA? This report will provide a summary of activity comparing 2008 sales to 2009 sales. 2008 In 2008, 95 single family homes were sold in Southbridge, MA, with an average sale price of $176,000. There were 9 condominiums that were sold, with an average sale price of $105,000. And 25 multi-family homes were sold, with an average sale price of $163,000. 2009 In 2009, 94 single family homes were sold in Southbridge, MA, with an average sale price of $150,000. Only 7 condominiums sold, with an average sale price of $80,000. And 47 multi-family homes were sold, with an average sale price of $117,000. So what does all of this mean? Obviously, there was a shift in sales volume for multi-family...
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