I don't know about you, but I am really ready for spring. Snow is fun for the first few days, but I am over it now. The real estate market all along the Northeast has taken a hard hit due to the weather. However, it appears to be business as usual for Sharon MA home sales. Here's a rundown of the January 2015 Sharon MA Home Sales Report according to the MLS Property Information Network.
A total of eight Sharon MA homes were sold between January 1st and January 31st this year. While this may be a 46.7% drop off from home sales in December of 2014, it is the exact same amount of homes that were sold in January 2014. One Sharon MA Buyer purchased a charming 4 bed/2 bath, 1632 square foot Antique Colonial on a quiet cul-de-sac for $365,000. Another lucky Buyer is now the owner of a 5 bed/4 bath, 3638 square foot Colonial Tudor in the prestigious Knob Hill neighborhood. They bought this property for $735,000 after just 15 days on the market.
The average sale price for a Sharon MA home purchased in January 2015 was $581,067, a 7.9% increase from the same time last year. This is the second highest average in the last five years. The average days a Sharon MA home was on the market before it went to offer was 43, a slight increase from the 39 days in January 2014. The average list price to sale price ratio was 98%, which was a slight increase from the 96% last year.
What does this mean for the average Sharon MA Home Buyer? The weather is taking its toll on just about every aspect of our lives in the Northeast. However, interest rates remain at historical lows and there are Sellers out there ready to make a deal. If you are willing to brave the elements to go look at houses, I am more than willing to be there by your side. Simply contact your Sharon MA Buyer Broker to make a plan today.
Learn more about Sharon MA in the Sharon Real Estate & Community Guide.
*All data used in this blog post is courtesy of the MLS Property Information Network, Inc. Homes sold outside of the MLS are not included in those numbers.
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Christine Smith is an Attorney and Exclusive Buyer Agent with over 25 years of experience in the real estate field.
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