August 2011 Real Estate Market Report Sharon MA 02067
By Nina Rogoff, Wix Websites for Real Estate Agents
August 2011 Real Estate Market Report Sharon MA 02067 In August, 28 single family homes sold in Sharon MA. That's the largest number of single family homes sold in any month so far this year. Let's look at what that number represents. While more homes sold this month, the average sale price for homes dropped almost 18% since July from an average sale price of $496,413 down to 408,709. This is a 12% decrease compared to the average sale price in August 2010 of $464,993. Almost all of the homes sold in August came on the market since March 2011.That means that they were listed during the months when there is traditionally the most real estate activity. However, 13 of the homes were priced so far above their market value that they had to reduce the list price before receiving an offer. It...