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Berkley, MA

BERKLEY - MARKET REPORT JULY 2008

Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale: Real Estate Agent in Taunton, MA

Berkley, MA

Total Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from July 1, 2008- July 31,2008.

Single Family Homes

Number of Homes on Market 42 (down 7 from last report)

Average Days on the Market 186!!!!!!!!

Number of Homes U.A.G 7

Average Price of U.A.G. Homes $304,298

Number of Homes Sold 0

Average Sold Price $0
~ $334,250 As of July 9, 2008
~$317,800 As of June 12, 2008
~$418,333 As of May 1, 2008
~$286,833 As of April 8, 2008
~$180,000 As of March 8, 2008
~$344,250 As of February 7, 2008
~$349,000 As of January 8, 2008
~$262,442 As of December 9, 2007

~$243,125 As of November 7, 2007
~$645,500 As of October 4, 2007
~$331,000 As of Sept.1, 2007
~$349,073 AS OF AUG. 4, 2007
~$356,473 AS OF JUNE 24, 2007


Average Asking Price $406,529

Lowest SALE Price $269,500

Highest SALE Price $375,000

MY LAST MARKET UPDATE WAS July 9th AND THE AVERAGE SALE PRICE WAS $334,250.00.

JULY HAD NO CLOSINGS!!!!!!!!!!!!!!!!!!!!!!!!


The number of home sales is remaining steady.Right now there is approx. 6 months worth of inventory on the market, which is still saying quite strongly it is a Buyer's Market. What that means is, if no more homes came on the market and all the current homes stayed on the market until they sold it would take 6 months for all the homes to be sold, assuming that they are all priced correctly. It is a widely accepted rule that if we have less than 6 months but more than 3 months worth of inventory we are in a neutral market. A neutral market means that home prices are in line with affordability and are being absorbed at a moderate pace.

Unfortunately, we have seen a sharp increase in the absorption rate in the past couple of months. The cost of fuel and other economic problems have negatively impacted the housing market.

How does this effect you?

Better your odds for a more timely sale by pricing your home ahead of the curve! Pricing it AT the curve in a declining market will put you in line to sell on the 10th month at a lower price than what you would have received had it been priced competitively in the beginning. Remember: Time is NOT on your side in a declining market.

Price it ahead of the curve and you will open your home up to the largest pool of potential buyers which will sharply lessen your market time AND increase your bottom line! I would rather see any seller get multiple offers to choose from than no offers at all.

Call me for a competent, accurate analysis of your home.

Visit http://www.berkleymass.com/ for all your Bristol County Real Estate Needs!

Bobbie Files
REALTOR
Keller Williams Realty
508-238-5000 x.296 Office
508-789-0217 Direct
bobbiefiles@kw.com Email

BERKLEY - MARKET REPORT MAY 2008

Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale: Real Estate Agent in Taunton, MA

Berkley, MA

Total Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from May 1, 2008- May 30,2008.

Single Family Homes

Number of Homes on Market 52 (up 4 from last report)

Average Days on the Market 156

Number of Homes U.A.G 3

Average Price of U.A.G. Homes $524,633

Number of Homes Sold 5

Average Sold Price $317,800

~$418,333 As of May 1, 2008
~$286,833 As of April 8, 2008
~$180,000 As of March 8, 2008
~$344,250 As of February 7, 2008
~$349,000 As of January 8, 2008
~$262,442 As of December 9, 2007

~$243,125 As of November 7, 2007
~$645,500 As of October 4, 2007
~$331,000 As of Sept.1, 2007
~$349,073 AS OF AUG. 4, 2007
~$356,473 AS OF JUNE 24, 2007


Average Asking Price $411,233

Lowest SALE Price $287,000

Highest SALE Price $372,000

MY LAST MARKET UPDATE WAS APRIL 8 AND THE AVERAGE SALE PRICE WAS $418,333.


The number of home sales is remaining steady.Right now there is approx. 6 1/2 months worth of inventory on the market, which is still saying it is a Buyer's Market. What that means is if no more homes came on the market and all the current homes stayed on the market until they sold it would take 6 1/2 months for all the homes to be sold, assuming that they are all priced correctly. It is a widely accepted rule that if we have less than 6 months but more than 3 months worth of inventory we are in a neutral market. A neutral market means that home prices are in line with affordability and are being absorbed at a moderate pace. If we see several consecutive months with lower than 6 months of inventory we can hesitantly say that we have hit the bottom and are now at the cost to affordability corrected pricing and can finally start to breathe again. With the spring market finally upon us and the Federal Reserve taking strong steps to keep the interest rates down we may be nearing the bottom of the pricing. How does this effect you?

Better your odds for a more timely sale by pricing your home ahead of the curve! Pricing it AT the curve in a declining market will put you in line to sell on the 6th month at a lower price than what you would have received had it been priced competitively in the beginning. Remember: Time is NOT on your side in a declining market.

Price it ahead of the curve and you will open your home up to the largest pool of potential buyers which will sharply lessen your market time AND increase your bottom line! I would rather see any seller get multiple offers to choose from than no offers at all.

Call me for a competent, accurate analysis of your home.

Visit http://www.berkleymass.com/ for all your Bristol County Real Estate Needs!

Bobbie Files
REALTOR
Keller Williams Realty
508-238-5000 x.296 Office
508-789-0217 Direct
bobbiefiles@kw.com Email

BERKLEY - MARKET REPORT APRIL 2008

Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale: Real Estate Agent in Taunton, MA

Berkley, MA

Total Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from April 1, 2008- April 30,2008.

Single Family Homes

Number of Homes on Market 48 (no change since last report)

Average Days on the Market 153

Number of Homes U.A.G 3

Average Price of U.A.G. Homes $323,133

Number of Homes Sold 3

Average Sold Price $418,333
~$286,833 As of April 8, 2008
~$180,000 As of March 8, 2008
~$344,250 As of February 7, 2008
~$349,000 As of January 8, 2008
~$262,442 As of December 9, 2007

~$243,125 As of November 7, 2007
~$645,500 As of October 4, 2007
~$331,000 As of Sept.1, 2007
~$349,073 AS OF AUG. 4, 2007
~$356,473 AS OF JUNE 24, 2007


Average Asking Price $438,387

Lowest SALE Price $370,000

Highest SALE Price $465,000

MY LAST MARKET UPDATE WAS APRIL 8 AND THE AVERAGE SALE PRICE WAS $286,833.


The number of home sales has stayed steady.Right now there is approx. 8 months worth of inventory on the market, which is still strongly saying it is a Buyer's Market. What that means is if no more homes came on the market and all the current homes stayed on the market until they sold it would take 8 months for all the homes to be sold, assuming that they are all priced correctly. With the spring market finally upon us and the Federal Reserve taking strong steps to keep the interest rates down we may be nearing the bottom of the pricing. How does this effect you?

Better your odds for a more timely sale by pricing your home ahead of the curve! Pricing it AT the curve in a declining market will put you in line to sell on the 8th month at a lower price than what you would have received had it been priced competitively in the beginning. Remember: Time is NOT on your side in a declining market.

Price it ahead of the curve and you will open your home up to the largest pool of potential buyers which will sharply lessen your market time AND increase your bottom line! I would rather see any seller get multiple offers to choose from than no offers at all.

Call me for a competent, accurate analysis of your home. We are in a market of "Equity Protection" and your agent needs to know and understand that. I DO!!!

Visit http://www.berkleymass.com/ for all your Bristol County Real Estate Needs!

Bobbie Files
REALTOR
Keller Williams Realty
508-238-5000 x.296 Office
508-789-0217 Direct
bobbiefiles@kw.com Email

BERKLEY - MARKET REPORT FEBRUARY 2008

Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale: Real Estate Agent in Taunton, MA

Berkley, MA

Total Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from February 1, 2008- February 29,2008.

Single Family Homes

Number of Homes on Market 46 (UP 4 since last report)

Average Days on the Market 143

Number of Homes U.A.G 1

Average Price of U.A.G. Homes $306,400

Number of Homes Sold 1

Average Sold Price $180,000 ~$344,250 As of February 7, 2008
~$349,000 As of January 8, 2008
~$262,442 As of December 9, 2007

~ $243,125 As of November 7, 2007
~ $645,500 As of October 4, 2007
~ $331,000 As of Sept.1, 2007
~ $349,073 AS OF AUG. 4, 2007
~ $356,473 AS OF JUNE 24, 2007


Average Asking Price $438,370

Lowest SALE Price $180,000

Highest SALE Price $180,000

MY LAST MARKET UPDATE WAS FEBRUARY 7 AND THE AVERAGE SALE PRICE WAS $344,250.


ONLY 1 home sale for the entire month of February! Right now there is 23 months worth of inventory on the market. What that means is if no more homes came on the market and all the current homes stayed on the market until they sold it would take 23 months for all the homes to be sold.

How does that effect you?

Right now you have a 1 in 23 chance of selling your home in under the 23 month absorption time. Not great odds!

Better your odds for a more timely sale by pricing your home ahead of the curve! Pricing it AT the curve in a declining market will put you in line to sell on the 23rd month. Time is NOT on your side in a declining market.

Pricing behind the curve, well that will put you behind the market time which means more than the current 23 months. EEEKKK!!

Price it ahead of the curve and you will open your home up to the largest pool of potential buyers which will sharply lessen your market time AND increase your bottom line!

Call me for a competent, accurate analysis of your home. We are in a market of "Equity Protection" and your agent needs to know and understand that. I DO!!!

Visit http://www.berkleymass.com/ for all your Bristol County Real Estate Needs!

Bobbie Files
REALTOR
Keller Williams Realty
508-238-5000 x.296 Office
508-789-0217 Direct
bobbiefiles@kw.com Email

The Berkley / Dighton Bridge

Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale: Real Estate Agent in Taunton, MA

Again, the condition of this decomposed ,dysfunctional bridge made the newspaper. Talk - Talk - Talk that's what the 2 Towns Board Members keep doing....

When are they going to take some action????

I have read and have been told more times than I can actually count how bad off and dangerous that bridge is, at any given point it could collapse. This has been going on, to my knowledge, for over 13 years. Yes, OVER 13 years!!

In that amount of time new infrastructure could have been completed. A new route created. A new plan agreed to. Dog gone it The Big Dig was done in 20 years! We are only talking about a bridge.

Here's a bright one - "Let's ticket people driving oversized vehicles for using it" Hmmmmm, would that be before or after you pull their vehicle out of the water.

Then someone commented (names have been omitted) that closing the bridge "affects business owners" Like drowning bodies doesn't?!?!

You must be thinking that either Berkley or Dighton are islands with no other access...NOT! You have many other options to getting over to Dighton or for Dighton coming to Berkley. Yes it will require some extra driving time, 15 minutes.

I see a lot of finger pointing, let's blame the State, or how about the engineers and now the Coast Guard.

Just shut the relic down!!