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Stoughton Real Estate Market Report for First Quarter 2012

A summary of the Stoughton real estate market for the first quarter of 2012.

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 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 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 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.

 

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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



This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Sarah May 01, 2012 at 03:43 PM
Thanks for the info, Christine. Fingers crossed that those prices start going UP! I'm so tired of being upside down on my house!!
Christine Smith May 01, 2012 at 04:03 PM
You are welcome Sarah. Increased sales & stabilization of the prices both seem to be here so that is a good first step.

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