Third Quarter 2013 Market Report for Stoughton MA

By
Real Estate Agent with Buyers Brokers Only LLC - www.BuyersBrokersOnly.com MA Broker Lic 148149
The Stoughton MA Real Estate Market continued to improve over the third quarter of 2013.
 
From July 1, 2013 - September 30, 2013, there were 93 single family homes sold in Stoughton MA*. The lowest priced home sold for $115,000.00 and the highest priced home sold at $540,000.00. The average sales price for this time period was $316,469.00. 
 
How did the third quarter of 2013 compare to the third quarter in other years for Stoughton Real Estate?
 
Continuing the trend we have seen in 2013, as shown on the chart below, the third quarter of 2013 saw the an increase over the third quarter of 2012.  The third quarter of 2013 saw the highest number of home sales for this time period over the past five years.
 
stoughton ma real estate third quarter 2013


 
 
Average sales price for the third quarter of 2013 was up over the the same period in 2012 when the average sales price was $285,771.00. The chart below shows that the third quarter of 2013 saw the highest average sales price for this period for the past five years.
 
stoughton ma real estate third quarter prices

 
 
 
The Stoughton MA real estate market continues to show improvement and looks strong heading into the fourth quarter. 
 
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.  Many buyers, being priced out of the surrounding towns of Canton and Sharon, are turning to Stoughton as an affordable alternative.  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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Groups:
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Buyer Information - What Buyers Need to Know in Today's Market
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Rainmaker
440,324
Eric Crane -- Your Full Service, Discount Fee Realtor®
DPR Realty LLC - Gilbert, AZ
Greater Metro Phoenix Arizona

Hi, Christine -- glad to see things are still on the upswing.  In our market, we are beginning to notice a small build in inventory and days on market and total sales, month-over-month have begun a small decline.  Monitoring this, along with the interest rate market, to see if it develops into something more meaningful.

Oct 07, 2013 03:07 AM #1
Rainmaker
1,088,569
John G. Johnston
John G. Johnston & Associates, LLC - Westcliffe, CO
An Exclusive Buyer's Agent ~ Westcliffe, CO

Christine  Very clear and accurate report.  Slow and steady was always the best case scenario.  That creates incentive but no bubbles.  That also creates a strong desire to employ a buyer's agent.  Someone that knows the market and you have demonstrated you are the local expert with the expertise to get it done.

Oct 07, 2013 04:37 AM #2
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Eric....thanks.  Inventory is still down here.

Thank you John!  Slow and steady is good.

 

Oct 08, 2013 01:36 AM #3
Rainmaker
2,276,647
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Those are some very strong numbers for the third quarter. You sure do have a very good handle on this market. Buyers and sellers alike are very fortunate to have you available to represent them.

Oct 08, 2013 02:11 AM #4
Rainmaker
1,800,158
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Christine, a great market report for Stoughton and these are great numbers to report...glad you are so busy!!

Oct 10, 2013 12:16 AM #5
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Joe....I am available to represent buyers only.  For Sellers I can direct them to an equally knowledgeable agent in the area.

Thanks Ginny!

Oct 10, 2013 12:24 AM #6
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Christine Smith

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