Looking back over 2012, let's see how the real estate market fared in Stoughton MA.
In 2012, there were 199 single family homes sold in Stoughton MA*. The lowest priced home sold for $72,200.00 and the highest priced home sold at $540,000.00. The average sales price for 2012 was $271,590.00.
Most homes sold in the $200,000.00 - $300,000.00 price range, with the price ranges on either side of that coming in a close second. Here is a breakdown among all price ranges.
How did 2012 compare to other years for Stoughton Real Estate?
In terms of number of homes sold, 2012 sales were up from 157 single family homes sold in 2011.
In fact, 2012 saw the highest number of single family homes sold in Stoughton over the past five years, consistent with what we are seeing in surrounding communities.
Average sales price, on the other hand, while up from 2011, has still not recovered to the 2008 price level.
That 2010 average sales price jump we saw could very well have been attributed, at least in part, to the first time home buyer tax credit.
The good news for buyers looking to buy a home in Stoughton MA is that the low prices and low rates continue to make it an attractive time to buy.
Here's hoping 2013 sees continued improvement for the Stoughton MA real estate market.
*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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