Stoughton MA Home Sales Report for May 2014

By
Real Estate Agent with Buyers Brokers Only LLC - www.BuyersBrokersOnly.com MA Broker Lic 148149

There continues to be a marked improvement in Stoughton MA home sales in May 2014 when compared to last year.  This is good news for both buyers and sellers.  Prices remained almost the same.  However, the days a home spent on the market was much less than the same time last year.  Here's a quick recap of the Stoughton MA home sales report for May 2014.

Stoughton MA Total Homes Sold in May 2010-2014

There were a total of 18 Stoughton MA homes sold in May 2014.  This is the exact same amount as was sold in May 2013.  The average sales price increased by a slight 1.5% (from $315,627 in May 2013 to $320,375 last month).  These homes ranged from a 3 bed/1 bath 1304 square foot Cape-style fixer upper that sold over list price for $179,100 in just nine days to a 4 bed/2.5 bath 3364 square foot Colonial in Stoughton's premier The Preserve at Pheasant Hill neighborhood that sold for $489,900 in just 22 days.  Seven of the 18 Stoughton MA homes sold last month had a final sales price over listing price.  Several more sold for less than 1% under the listing price.

Stoughton MA Ave Sales Price of Homes Sold in May 2010-2014

The average days a Stoughton MA home spends on the market has gone down dramatically over the past year.  In May 2013, the average home sat on the market for 117 days before it sold.  Last month, however, the average days on market was just 50.  That's even less than the 54 average days on market from just last month.  And as I stated above, some of these homes spent well under one month on the market.  The list price to sale price ratio increased a slight 1% from the same time last year (97% in March 2013 to 98% in March 2014).

The local real estate market is looking great for Stoughton MA home buyers.  Prices have remained pretty steady year-over-year.  Homes spend a lot less time on the market.  This is good for buyers in the sense that you will get into your new home quickly.  But it also indicates that there could be a bit of competition out there, especially with so many homes going for close to or over the listing price.  So, you'd better bring your "A" game to the table.  When you're ready to start looking for your next home, contact your Stoughton MA Buyer Broker to help you navigate through it all.

*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.

Christine Smith, Buyers Brokers Only LLC - Your Exclusive Buyer Agent in Norfolk County

Posted by
 
100% Loyal to Buyers 100% of the Time
781-799-8313
CSmith@BuyersBrokersOnly.com

 

 

 Google Plus   Facebook    Twitter     LinkedIn         house

 

2012 Angies List super service awardbuyers brokers only on angle's listangie's list 2014 super service award

 

 Read Our Reviews on Angie's List                           Read Our Reviews On Yelp

 

 

 business cardNAEBA 

Fair Housing Law

 

  

 

We do business in accordance with the Federal and Massachusetts Fair Housing Laws. 

 

 

 

 

 

The content provided on this blog is presented or compiled for your convenience and is provided for informational purposes only. The information provided on this website should not be construed as offering legal, financial or other advice to be relied on by the reader to make or refrain from making any decision or to take any action. 

 

Christine Smith is an Attorney and Exclusive Buyer Agent with over 25 years of experience in the real estate field. 

 

(c) Copyright 2010-2015 Christine M. Smith, Attorney and Buyer Agent. All rights reserved.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Massachusetts Norfolk County Stoughton
Groups:
Market Updates
City and State
Local Expert
Local Real Estate Market Reports
Market Reports
Tags:
stoughton ma real estate
stoughton ma buyer broker
stoughton ma home sales
stoughton ma homes sold report may 2014

Spam prevention
Show All Comments
Rainmaker
1,939,774
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Christine, always enjoy viewing stats and charts on other locations.  Thanks for sharing.

Jun 19, 2014 03:11 AM #1
Rainmaker
570,170
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Thanks Ronald.

Jun 22, 2014 08:54 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
570,170

Christine Smith

Exclusive Buyer Agent & Attorney, Canton, MA
Are you ready to be my next satisfied client?
*
*
*
*
Spam prevention

Additional Information