In many towns, the real estate market seems to be picking up. But, like politics, all real estate is local.
Here is a look at the the state of the real estate market for Stoughton. For the first quarter of 2012, there were 33 single family homes sold in Stoughton*.
The lowest priced home sold at $72,200 and the highest priced home was $456,000. The average sales price for this time period was $247,527.00. The attached chart shows that most homes sold in Stoughton MA in the $200,000 - $300,000 price range during this time period.
Compared to the first quarter of 2011, some of the numbers are moving in the right direction. The first quarter of 2011 had a total of 27 homes sold, with an average sales price of $249,285.00. So, average sales price is down slightly but the number of single family homes sold is up.
I have seen well priced homes, in good condition and in good locations, in Stoughton receive multiple offers after just a number of days on the market. So, the activity we are seeing in other markets is present in the Stoughton Real Estate market as well.
*All data taken from MLS Property Information Network, Inc. Homes sold outside of the MLS are not included in this data.
About the Author: Christine Smith is a Realtor, Buyer's Agent, Attorney, social media fan, parent and Canton resident. She writes about real estate and events in the Canton area on her blog – Canton MA Events and Real Estate