Nina Rogoff's Insights on Sharon Real Estate and More!

Sharon, MA Real Estate Market Report for September 2010

Sell a Home in Sharon, MA, Buy a Home in Sharon, MA, Live in Sharon, MA!

fall leaves

If you are a buyer or seller in the Sharon real estate market, having information about the current market conditions will enable you to make an informed decision with regard to buying a home in Sharon, or selling your Sharon home. 

Here is a summary of the Sharon real estate market for September 2010 based on information provided by MLS Property Information Network (private sales are not included). This data is deemed reliable but are not guaranteed. 

 

SINGLE FAMILY HOMES

 

 

Number Sold

13

(decrease of 14% from August)

 

Average Sale Price

$448,204

(decrease of 4% from August)

 

Average Days on Market

65

(decrease of 20 days since August)

 

Sale Price to List Price Ratio

100%

(increase of 5% over the SP:LP ratio in August)

Here is some important information to note: While the average sale price decreased  by 4% from August to September, the Sale Price to List Price Ratio rose to 100%. Three of the homes sold for more than their list price. When you combine that with the fact that the average number of days on the market for these houses was 65, you see that, on average, these homes were priced at their market value. The market value is what a buyer is willing to pay for the home.

When we look more closely at the number of days on market we see that of the 13 homes that sold in September, 6 were on the market for 38 days or less before going under agreement. Three were on the market for between 45-83 days before going under agreement. These 9 houses did not have to lower their list price before getting an offer. Of the 4 that were on the market between 121-165 days, 3 had multiple price reductions before attracting an offer.

The key here is that if you want your house to sell for the most amount of money in the shortest amount of time, you must price it at market value.

In some cases, your house will actually sell for more than your list price because of the competition to buy your home from buyers who recognize its market value!

When you are ready to sell your home, please call me for a free home evaluation. I will help you understand the market value of your home, and give you information about what you can do to help your home sell more quickly and for the highest price possible.

If you would like to read more about the Sharon Real Estate Market, and information for sellers and buyers, please subscribe to my blog. My blog can be found at www.livesharon.com

 

Comment balloon 3 commentsNina Rogoff • October 03 2010 01:21PM
Sharon, MA Real Estate Market Report for September 2010
share
Sell a Home in Sharon, MA, Buy a Home in Sharon, MA, Live in Sharon, MA! If you are a buyer or seller in the Sharon real estate market, having information about the current market conditions will enable you to make an informed decision… more
Buyers: You Have an Accepted Offer… Now, What?
share
Sell a house in Sharon, MA, Buy a house in Sharon, MA, Live in Sharon, MA! Let me set the scene: You're interested in buying a home in Sharon, MA. I've been showing you and your spouse homes for sale in Sharon, MA that meet your criteria… more
Top 10 Favorite Things to Do When You Live in Sharon, MA
share
Sell a Home in Sharon, MA, Buy a Home in Sharon, MA, Live in Sharon! Sharon, MA is a small, quiet town with an emphasis on outdoor activities. Here's a list of my favorite things to do when you live in Sharon, MA. 1. Pick your own fruit… more
Temporary Dwellings… No Staging Needed!
share
Last week, you may have seen your neighbors building temporary "huts" in front yards, or on back decks. They may look like this, or this.. more
Attention Sellers! 10 Tips to Enhance Curb Appeal
share
Sell a house in Sharon, Buy a house in Sharon, Live in Sharon! First impressions are so important, and very hard to change. That's true whether you're meeting someone for the first time, or whether a buyer is seeing your house for the first… more
Dear Buyers, Here's to Our Successful Working Relationship!
share
Buy a Home in Sharon, MA, Sell a Home in Sharon, MA, Live in Sharon, MA! In Massachusetts, all real estate licensees are required to present the Mandatory Licensee Consumer Relationship Disclosure form to a consumer at the first personal… more
Buy a Home in Sharon MA 02067 - How to Choose a Real Estate Agent
share
Sell a home in Sharon MA - Buy a home in Sharon MA - Live in Sharon MA! Yesterday I wrote a blog post titled " Your Real Estate Agent is Your Guide from Start to Finish ". In it I described some of the benefits of working with… more
Buy a Home in Sharon MA 02067 - Your Real Estate Agent is Your Guide…
share
Buy a Home in Sharon MA - Live in Sharon MA! If you are a looking to buy a home in Sharon MA, you may not know the benefits of working with a real estate agent. First off, there's no cost to you. In almost all cases, the seller pays the… more
Sell a Home in Sharon MA 02067 - Don't Defer Maintenance
share
Sell a Home in Sharon MA - Buy a Home in Sharon MA - Live in Sharon MA! Remember when you were in high school? It seemed like your parents were always telling you a whole litany of things you needed to do. "Clean up your room, " "… more
Sharon, MA Real Estate Market Report for August 2010
share
Sharon, MA - For the month of August, 2010, 13 single family houses sold in Sharon, MA compared to 15 homes in July. Four houses sold between $241, 000 - $289, 000 - These were between 960 sq. ft. - 1, 531 sq. ft. .. more