Shrewsbury Market Snapshot: Homes Sold Jan-Sept 2016
Now that we are in the fourth quarter of 2016, I like to take a look at the first three quarters and see what has happened in the market. Below is a market snapshot of Single Family Home sales in Shrewsbury, MA, from January through September, 2016. (Data source: MLS PIN)
How does this compare to 2015? Briefly in 2015, we had:
Total sold: 267
Avg days on market: 80
Avg sale price: $448,736
Median sale price: $425,000
Sale price to list price ratio: 97%
Total market volume in 2015: $119,812,543
Summary: The Shrewsbury real estate market is thriving and improving at a steady pace. All variables are up over 2015, with the exception of median home price. With 76 single family homes currently under contract, and an additional 92 homes active on the market, it will be interesting to see how the final quarter plays out.
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Text and photos copyright Kathryn J. Acciari unless otherwise noted.
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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