Friday, April 16, 2010

Stow MA - Housing Market Conditions - Year to Date Home Sales Up

Stow Massachusetts: Welcome to the real estate/housing market conditions report for Stow MA. Currently, there are 49 single family homes for sale in Stow MA. Four of the forty-nine already have accepted offers waiting for contingencies to clear. Last year at this time there were 44 listings. List prices in Stow range from $177,000 for a total rehab or tear-down, to $1,095,000 for an antique home on 10+ acres.

The price range with the most home for sale is $500,000 to $599,900; there are 12 houses for sale in that range so there are some excellent opportunities for move-up buyers to take advantage of the expanded home buyer tax credit which includes up to $6,500 for existing home owners. The median list price is up approximately $20,000 from last year at this time - $539,900 compared with $519,900 last year; and the average is down by about the same amount: $545,732 compared with $565,072 last year.

There are six single-family homes with sales pending. Year-to-date, there have 13 closed sales; last year there were 9 for the same period; there were 4 closed sales during the month of March compared with just one closed sale during March 2009.

Source: MLSPIN

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