Fall River
Market Insights
- From a pricing standpoint, Fall River had an exceptionally strong quarter. Q2 2020’s average single family sale price of $290,527 is the strongest of any quarter in the past two years, and represents a 10.3% increase over Q2 last year. Though there were fewer closing in Q2 2020 (91) than in Q2 2019 (74), this decline of 18.7% is smaller than the decline seen in the MetroWest area and on the north shore as well.
- The biggest single family sale this quarter was for $475,000 (935 Meridian Street). Last years’ biggest Q2 sale was 482 Madison Street for $455,000.
- In June 2020, there were 48 homes on the market in Fall River, while in June 2019, there were 93 active homes for sale, nearly double the available inventory.
