Sturbridge Real Estate Since the End of the Tax Credits
JUNE 12, 2010: Since the tax credits ended April 30, 2010, what has happened in Sturbridge real estate? Here is a snapshot of the real estate activity in town:
Active property listings: Currently 93 single family homes are on the market, and 18 condominiums are on the market. Four single family homes and four condos currently have accepted offers but are accepting back-up offers.
Properties under contract: There are 8 properties under agreement. Four of those were under contract before the April 30 tax credit deadline. No condos are under agreement as of today.
Properties sold: Since May 1, 2010, 15 single family homes have sold in Sturbridge. Eight of those 15 were under contract before the April 30 tax credit deadline. Since May 1, 2010, five condos have sold, with 3 of those being under contract before the tax credit deadline.
Summary: The Sturbridge real estate market continues to move forward. Approximately half of the pending sales in Sturbridge were before the tax credit deadline. We still have a high level of inventory on the market, and sellers continue to outnumber buyers at this point.
Yours in real estate,
RE/MAX Professional Associates - Sturbridge, MA
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Kathryn Acciari, Brand Ambassador
Century 21 Real Estate LLC
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