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Stoughton MA Real Estate Market Report - July 2013

The Stoughton MA Real Estate Market continued to see improvement in the month of July.
 
From July 1, 2013 - July 31, 2013, there were 27 single family homes sold in Stoughton MA*. The lowest priced home sold for $115,000.00 and the highest priced home sold at $490,000.00. The average sales price for July 2013 was $293,881.00. 
 
How did July 2013 compare to the month of July in other years for Stoughton Real Estate?
 
Continuing the trend we have seen in 2013, as shown on the chart below, July 2013 saw the an increase over July 2012, and in fact, saw the highest number of home sales for the month of July over the past five years.
 
stoughton ma home sales chart


 
 
Average sales price for July 2013 was up over the the same period in 2012 when the average sales price was $283,516.00. The chart below shows average sales prices for the month of July over the past five years in Stoughton MA.
 
stoughton home prices chart

 
 
 
The Stoughton MA real estate market has shown continued improvement throughout 2013. 
 
What does this mean for buyers?  Prices and sales have remained strong and show a slow but steady increase year over year - indicating a stronger market than we have seen in the past few years.  However with an average sales price generally lower than the surrounding towns of Canton and Sharon, Stoughton remains a more affordable place to buy a home, especially for first time home buyers.  Interest rates, while on the rise, still remain historically low.  With a strong market and low rates, if you are ready to make the move, it is a good time to buy a home.
 
If you are looking to buy a home in Stoughton MA, contact your Stoughton MA Buyer Broker for homes for sale in Stoughton MA.
 
*All data taken from MLS Property Information Network, Inc.  Homes sold outside of the MLS are not included in this data.

 

 
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The content provided on this blog is presented or compiled for your convenience and is provided for informational purposes only. The information provided on this website should not be construed as offering legal, financial or other advice to be relied on by the reader to make or refrain from making any decision or to take any action. 

 

Christine Smith is an Attorney and Exclusive Buyer Agent with over 25 years of experience in the real estate field. 

 

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Comment balloon 0 commentsChristine Smith • August 29 2013 07:03AM
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