Kathryn's Blog

head_left_image

Are Sturbridge Home Sales Improving?

Are Sturbridge Home Sales Improving?

 

Recent reports show that month-over-month home sales are on the rise across the country.  However, when it comes to real estate, local conditions prevail.  This report shows month-over-month single family home sale in Sturbridge, Massachusetts, for 2010 compared to 2011.

 

sturbridge home sales

Data source: MLS PIN

Looking at the graph above, you will notice that 2011 sales are ahead of 2010 figures for the months of January, February, and April.  Sales in 2010 were higher in the months of March and May, most likely due to the $8000 tax credit offered to first-time home buyers the first half of 2010. 

For the month of June, there has only been one home sold in 2011; however, the month is not yet over.  An additional six homes are shown to be under contract, which would put June 2011 home sales equal to June 2010 sales.

 

Current Market Conditions in Sturbridge

As of this writing, there are 77 single family homes on the market in Sturbridge, MA.  One of these shows as having an accepted offer but still showing for back-up offers.  An additional 11 homes are under agreement, slated to close in June or July of this year.

Summary

Real estate sales in Sturbridge remain slow but steady.  Based on current inventory, there is approximately 10 months' worth of single family homes on the market.  The average sale price continues to hover around the $250,000 mark.

My advice to home sellers?  Get your home in top condition before you put it on the market, and price your property aggressively.  You have a lot of competition, and this is the worst possible time to be testing the market. 

Do you need detailed information about the real estate market in Sturbridge or other, nearby towns?  Contact me for a detailed market analysis.  Mention this month-to-month report, and your market analysis (a $250 value) is free.

 

 

Putting Today's Technology Tools to Work for You

 

Text and photos copyright Kathryn J. Acciari unless otherwise noted. 
All rights reserved.

 

 

 

Sturbridge & Central MA Real Estate and More

 

 

kathryn acciari facebook twitter linkedin icon rss

 

Kathryn Acciari, RSPS, SRS, RESE, CFA

Century 21 MetroWest
45 Lyman Street  Suite 14
Westborough MA 01581

Serving the Route 9/20 Corridors of Central Massachusetts
Sturbridge to Westborough

Cell: (508) 982-0686   
Email:
kasellshomes@gmail.com

Web site: kathrynacciari.com
Blog:
Real Estate Blog
Twitter: @kacciari

Comment balloon 0 commentsKathryn Acciari • June 26 2011 04:33PM
Are Sturbridge Home Sales Improving?
share
Are Sturbridge Home Sales Improving? Recent reports show that month-over-month home sales are on the rise across the country. However, when it comes to real estate, local conditions prevail. This report shows month-over-month single… more
New Price for This Outstanding 3-Bedroom Home in Wales MA
share
131 Mount Hitchcock Road Wales, MA 01081 Mint Home in Wales, MA &… more
Alert! Massachusetts Highways are Jammed with Summer Travelers
share
Alert! Massachusetts Highways are Jammed with Summer Travelers Driving down the Massachusetts Turnpike (I-90) at mid-day today, it was obvious that summer holiday traffic was already in full force. The toll booths were… more
TAG SALE! Tannery Road in Sturbridge MA - Saturday June 25 - 9 am to…
share
TAG SALE! Tannery Road in Sturbridge MA - Saturday June 25 - 9 am to 1 pm Tag sale to be held on Tannery Road in Sturbridge, Massachusetts * Saturday, June 25, 2011 From 9 am to 1 pm Rain or shine … more
Fundraiser Events to Benefit Tornado Victims
share
Fundraiser Events to Benefit Tornado Victims In the wake of the tornadoes that tore through Central Massachusetts on June 1st, the community continues to pull together in an effort to offer relief to those who are in… more
Just Pure Fun: Virgin America Launches #nerdbird
share
Just Pure Fun: Virgin America Launches #nerdbird Time for an attitude adjustment. After a month of slogging in the trenches, coping with tornadoes, testy tempers, and tough triathlon training, the sun has come… more
Buyers Get the Deal of the Year in Sturbridge MA
share
Buyers Get the Deal of the Year in Sturbridge MA Wow! That's all I can say. My buyers purchased this fantastic property in Sturbridge, Massachusetts. This was truly the deal of the year. What made this particular… more
What is the True Value of a Home?
share
What is the True Value of a Home? This is the question that everyone wants answered. How much is my home worth? Or, what is the value of the home that I am buying? The reality is that the value of a… more
Summer Camps are Revving Up in Central Massachusetts
share
Summer Camps are Revving Up in Central Massachusetts June 13, 2011: With only eight days of school remaining, parents and kids are turning their attention to summer camps in South-Central Massachusetts. Many options are available,… more
Down and Dirty at Hyland Orchards - Sturbridge MA
share
Down and Dirty at Hyland Orchards - Sturbridge MA June 11, 2011: Today was the Socks for Siberia Festival at Hyland Orchards This year I participated in the "Rock Your Socks Off" Trail Run through the orchards, and what a… more