January 2014 Sharon MA Real Estate Market Update
As of January 30th, only 5 single family houses have been listed for sale in Sharon MA since the beginning of the year. Altogether, there are just 25 Sharon homes for sale. The rate at which homes have been selling in Sharon over the past 6 months is one home every 1.3 days.
What does that mean about the current market?
If no other homes come on the market and market conditions do not change, it will take just 1 month for the current inventory of single family homes to sell at the current pace of the market.
Here are the other transaction status updates for January:
- 3 homes sold in January
- 3 have a Contingent status pending either 3rd party approval, signing of the Purchase & Sale Agreement or confirmation of financing
- 6 homes are Under Agreement with anticipated sale dates over the next couple of months
Holidays & Weather Slow the New England Real Estate Market
In New England, we typically see the market slow down at the end of November and remain slow until the weather becomes milder. A couple of years ago, when we had a milder winter, there was a lot of activity in December and January. When the winter is extremely cold, as it has been this year, sellers do not want to list their homes and buyers are not eager to go around looking at homes. Everyone is waiting for (at least slightly) warmer weather. That's one of the key reasons more homeowners are not listing their homes for sale right now. Another reason has to do with wanting to sell a home to coincide with the end of the school year.
Get Ready to Sell Your Home!
If you are a homeowner who is thinking of selling her home this spring, now is the time to start preparing your home for sale. Remember the 25 homes that I mentioned are for sale in Sharon MA? Well, 15 of them have been listed for sale for between 3 1/2 months to over 14 months. That means that they are just sitting with a "For Sale" in their yards and NOT getting sold! There are a few key reasons why that happens. Don't let it happen to you!
Call me at 781-883-3764 or email firstname.lastname@example.org and ask for a copy of my free "Seller's Guide for Preparing Your Home for Sale"! It's just one of the ways I help you get organized and ready to sell your home. I'll be happy to provide you with a market analysis of your home so you will understand the market value of your home in today's market.