October 2015 Stoughton MA Home Sales Update

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

Thanksgiving is upon us.  Soon, it will be winter.  Like the weather, Stoughton MA home sales tend to chill a little this time of year.  Here is your October 2015 Stoughton MA Home Sales Update to break down last month's sales.

October 2015 Stoughton MA Home Sales Update

Total Stoughton MA Homes Sold in October - 2011 to 2015

The MLS Property Information Network reported that a total of 28 Stoughton MA homes were sold in October 2015.  That was the third highest monthly sales in 2015.  Stoughton MA home sales hit their peak in July with 32 and were followed up with 29 in August.  However, it was 6.7% less than the same time last year.

Average Sale Price of a Stoughton MA Home Sold in October - 2011 to 2015

The average sale price for a Stoughton MA home last month was $347,400.  This was actually 1.2% lower than the same time last year.  It was also the second highest monthly average for the year.  Only April's $365,438 average sale price was higher.  One motivated Stoughton Buyer picked up a 3 bed/1 bath, 1056 square foot fixer-upper on 1.12 acres of land for just $180,000.  That was $49,000 under the listing price.  Another Stoughton MA Buyer is now the proud owner of a 4 bed/3 bath, 4066 square foot Contemporary on just over 3/4 of an acre of land.  They paid $575,000 after just 11 days on the market.  That was $3,000 under the list price.  In fact, the Buyers of 20 of the 28 homes sold last month paid list price or less.

Buyer Takeaway

The market saw less total sales last month.  With that, prices were down slightly.  Homes are on the market for far less time.  Last year, the average days a Stoughton MA home was on the market before it went to offer was 36.  Last month, that decreased dramatically to just 25.  Eight of October's 28 home sales were on the market 30 days or less.  One sold after just five days and the new owner paid only $500 over asking.  With rumblings of possible Federal Reserve rate increases in mid-December, now might be a good time to start looking for your next Stoughton MA home.  Who knows.  You may still have a chance to spend Christmas in your new place.  But you need to act now.  Contact your Stoughton MA Buyer Broker today.

*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:
Posts to Localism
Market Updates
Market Reports
Hyper-Local
HyperLocal Neighborhood and Community Posts
Tags:
stoughton ma real estate
stoughton ma home sales
stoughton ma buyers
october 2015 stoughton ma home sales update

Spam prevention
Show All Comments
Rainmaker
755,480
David Alan Baker Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

Looks like values leveled off a bit.  Nice post and great charts.

Nov 25, 2015 09:08 AM #1
Rainmaker
771,637
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800


Great Market Report. Thanks for the information on the local community sales!

Nov 26, 2015 01:48 AM #2
Rainmaker
806,889
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

I have been writing Market Reports for the past three weeks or so since coming back here. Just came here to see if I can get some new ideas to add to my blog. Thanks for sharing your Real Estate Market Report.

May 22, 2018 05:54 PM #3
Rainmaker
5,348,147
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I was looking for your current posts. I hope all is going well for you.

Happy Birthday!

Sep 09, 2018 11:27 AM #4
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