Massachusetts Real Estate Coming Down In Price

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In 2005, the average home price in the Bay State was around $360,000; today however, it has dropped between $345,000-$350,000. Although most homes in Massachusetts are single family homes that are owned by the occupants, small apartment buildings are very prominent as well with the average renting price around $1,007.

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The Masiello Group

With Presidents Day just a few days passed, our forefathers are at the forefront of our minds, so why not take the opportunity to get a little closer to history and find a new home in Massachusetts. Now rich in American history, the Bay State is home to everything from seashell covered beaches to thick forests and sprawling mountains.

Massachusetts, with a population of 6,349,097 people, ranks 13th in the United States. Boston, the capital city, is the core of the state’s economy and a melting pot of culture, diversity and art. Even though the city and state itself are thriving, much like everywhere in the country, home prices are dropping and now is the time to buy.

In 2005, the average home price in the Bay State was around $360,000; today however, it has dropped between $345,000-$350,000. Although most homes in Massachusetts are single family homes that are owned by the occupants, small apartment buildings are very prominent as well with the average renting price around $1,007.

With everything going on in our busy lives though, it can sometimes be hard to find the time to sift through everything and find the right neighborhood in Massachusetts for you. That is where the Masiello Group can come in. With over 40 years of experience in New England real estate, they are determined to provide the best support to both buyers and sellers with advanced property buying and selling search capabilities. Today there are plenty of options with over 25,000 listings statewide.

Say you want something with waterfront with a gorgeous beach view. A brand new listing just went on the market for a four bedroom home in Newburyport for $1,495,000. With a beautiful layout and windows and porches over looking your very own beach, it won’t stay on the market for long.    

When the Pilgrims landed on Plymouth Rock, they were met with gorgeous grassy shorelines and grandiose views, they enjoyed it so much that they made it home and so will you. Contact the Masiello Group at their Massachusetts real estate office and get started today.

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