Home Prices Bellingham MA February 2014

 Home Prices Bellingham MA  February 2014

Real estate market data for Bellingham, MA provided by

  Carol -Ann Palmieri, Remax Executive Realty 

Bellingham Home Prices

Good news for single family homeowners in Bellingham MA with a favorable 10 percent increase over the past year.  Zillow indicators predict the rise will continue over the next year, but at a  lower rate of approximately 3.2 percent.  

Since Jan 1, 2014 there have been 10 home sales.   The average sale price of $298,430 was roughly 98 percent of asking.

Bellingham Real Estate Report Summary

 

Several of the bank involved properties and new construction inventory tend to make average days on market seem longer than it actually is.   Homes that are priced right and presented properly are receiving acceptable offers in a few short weeks of being placed for sale.    Since the beginning of this year, 15 of the 22 pending /contingent homes were priced below $300,000.   This suggests that the first time buyer market is picking up and the Bellingham market has leveled off; returning to a more healthy state. 

4 of the 22 homes were priced above $400,000.    This higher end in Bellingham is still slanting in the buyers favor, but moving, if priced appropriately.  

If you are considering buying a home in Bellingham, MA you don't want to sit on the sidelines for too long.   Many listings are going under contract within a short time of being placed on the market.   

If you are a seller, pricing your home in line with comparable home sales will bring you an offer close to asking in a short amount of time.   

Current Inventory

  

If you are interested in seeing exactly what the current inventory looks like in Bellingham MA, you can find that by just clicking this link.   Current inventory in Bellingham MA

There are currently 5 single family homes that are priced between $100,000 and $200,000.     The average price per square foot of these homes is $142.    They have an average time on market of 68 days.   2 of these homes have lender involvement and 3 have been on the market for less than a month.   

17 homes are available between the range of $200,000 and $300,000.   The average price per square foot is $159.    You can expect to find ranch, split entry, multi, cape and antique style homes in this range.   The average days on market is 106, with 5 of these homes being under two weeks to the market.    2 of these homes have lender involvement.     

There are 3 homes priced between $300,000 and $400,000, including one that is to be built.

In the range of $400,000 to $600,000 you will find 11 homes.  These range from 2200 to 4500 square feet including several new homes to choose from.

Find Homes for Sale in Bellingham, MA:

Visit my website to search for homes in Bellingham MA or to be notified when Bellingham homes come on the market.

To find out what you home is worth in the current market email me or call  508-494-9061.

 A great local real estate agent is your best offense in negotiating the  market.  Regardless of what side of the fence you find yourself on, you need an agent  knows the market and the neighborhoods inside and out.    

 

  Call me if you have any questions about the market. 

508-494-9061

      Put my 26 years of experience to work for you!    

Why Buy A Home in Bellingham MA?

Why Buy A Home in Bellingham MA?

Is it time for you to make a real estate move?    Have you thought about what community you would like to settle in?   

These are some reasons you might want to consider the town of Bellingham MA.     If you are not familiar with this community, you might want to look at a few fast facts.

Bellingham MA Fast Facts

The town of Bellingham is 19 square miles.  It is part of Norfolk County and it is bordered by the towns of  Franklin, Medway, Wrentham, Blackstone, Hopedale, Mendon and Woonsocket, RI.

From Bellingham it is approximately 30 miles to Boston, 20 miles to Providence and 23 miles to Worcester.    It is located with easy access to 3 exits on route 495, and the Forge Hill Commuter rail station.

There are approximately 16000 residents. 

Bellingham has three elementary schools, (the Clara Macy, The Stall brook, and the South Elementary), a middle school and a recently built high school. 


There is easy access to local shopping and many restaurants, movie houses and golf courses.    The VFW is active in the community and plays a major role in welcoming our hero's home.

Why Choose Bellingham?

• Location.   The location is perfect for those families that work in the different "local" major cities of Boston, Providence and Worcester.   Easy access to shopping and highways as well as commuter rail is a very big plus in a rural-suburban setting.   All of those things are within a short drive from all points in the town.
• Community.    Small town feel with community involvement.   This relatively small town, Bellingham boasts a very large sense of community with full service municipal services.   Community involvement includes an active Senior Center and the Bellingham Educational Foundation.     Bellingham offers students athletic programs and others like the men's over 30 softball league.     Concerts on the common, holiday parades and fireworks on the forth of July all bring residents together. 
• Economics and Housing.   The town of Bellingham has one of the lowest tax rates in the area.  $14.44 per thousand for 2013.  Recent data shows the median home price $240,600.   
• Government.     The town is run by 5 elected selectmen.   They appoint a Town Administrator who takes care of day to day activities in the town.    The town residents still have a say in their government and budget process and registered voters still meet to decide the direction of the community.   
• Recreation.   Bellingham is host to 3 excellent and well known golf courses, movie theater, and there are several parks and lakes to take advantage of.    All sorts of restaurants and shopping.

As of today, there are 55 single family homes on the market here ranging in price from $120,000 (a real fixer-upper) to $549,900.   (Gorgeous new construction)

Click here to Search for Bellingham MA Homes

Click here for Bellingham MA Community Info 

Are you Looking to make a move in the Bellingham MA area?

No one knows the real estate market here better than Al and Cal.   

We have 25 years experience in helping families make their moves! 

About the Author

Carol-Ann Palmieri is a full time Real Estate professional in Massachusetts for the past 25 years along with her partner Al Mussi have helped literally hundreds of families find, sell or purchase new places to live.

 A former US Marine, she grew up in Walpole, MA...  is committed to the serving the community through various volunteer opportunities.   She attended MA Bay Community and Suffolk University and is committed to constantly updating her Real Estate education.

Licensed in MA and RI...

Al and Cal's primary areas of service Franklin, Bellingham, Medway, Millis, Medfield, Norfolk, Wrentham, Plainville, Blackstone, Walpole, Milford, Holliston, Hopkinton, Mansfield, and Foxboro, North Attleboro, Norwood, Hopedale, Mendon, Millville but have resourses to help anyone, anywhere....

 Their mission....  To exceed your expectations!

 

Carol-Ann Palmieri

Al and Cal Realty Group

Remax Executive Realty

www.AlandCal.com

Cal@AlandCal.com

508-494-9061