Sherborn, MA Real Estate News

By Nina Rogoff, Sells Real Estate!
(RE/MAX Executive Realty)
60 Bogastow Brook Road Sherborn Colonial For SaleImagine pulling into the driveway of this serene, wooded property and knowing that you are home!This gorgeous and elegant 4-bedroom, 2 1/2 bathroom Colonial, with more than 3,000 square feet of living space, sits on a 3.24 acre lot in a fabulous  neighborhood of 3-acre minimum, estate-like homes!The stunning, wall of windows and the Cathedral Ceiling in the Family Room fill the main areas of the first floor with light. Two sets of French doors open to a large deck and screened porch. A new wood burning stove insert, set into the brick fireplace, is on-hand for cooler days.                 You can see the flow of rooms from kitchen, dining room and family room, all with hardwood floors.The Eat-In Kitchen has maple floors, stainless steel a...
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By Dana Bain
(Premiere Mortgage Services Inc.)
http://www.bainmortgage.com/MortgageMarketWeekInReview       Newsletter-September 8th, 2014      Provided by Dana Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market Comment Mortgage bond prices finished the week near unchanged which kept rates in check. Stronger than expected ISM Index data Tuesday morning caused rates to spike a little higher. Weaker than expected ADP employment data helped recover those earlier losses. ADP employment came in at 204k versus the expected 220k mark. Weekly jobless claims were near expectations at 302k versus the predicted 300k. The trade deficit was $40.5b versus the expected $42b. There was a small spike in rates late in the week tied to the Europ...
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By Ashley Connolly
(Northeast Water Wells Inc)
  Are you thinking of installing a water well in Sherborn, MA. This article is geared towards understanding Sherborn MA Board of Health Regulations. Understanding your town regulations can be instrumental in compiling total project costs when it comes to drilling a water well in Sherborn, MA.  1. Permit Info:  Well construction permit fee: $400.00 2. Well Location: A plot plan is required when application is submitted.  Guidelines include                                                (Separation distance in linear feet)  Source Of Containments Well Head Property Line 25ft Any Structure or Dwelling 10ft Public/Private Roadways 50-55ft Driveway 20ft Other Well 75ft Septic Tank 50ft Leaching Field 125-150ft 3. Water Quality testing: Extensive water analysis is required.  This test include...
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By Ashley Connolly
(Northeast Water Wells Inc)
  If you own a home in Sherborn, MA it’s important that you follow proper protocol in maintaining your water well and your pumping system. Preventative Maintenance is a very simple process similar to having the oil in your car changed. The difference being is that you don’t even have to leave your home to have it done. Preventative Maintenance inspection on your well system can be scheduled in advance when you have time off. There are two main components of a well system to be considered when it comes to preventative maintenance Water Quality and Pumping System Mechanics.   Sherborn, MA is an old farm town with many of these farms and orchards still operating today. It’s beautiful and you don’t have to live there to admire the Old time American charm of the town. It is well known that a...
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By Marianne Cherico, Home Stager -Massachusetts and Rhode Island
(Interiors by Marianne Cherico)
                                                           Home Staging Sherborn Massachusetts Interiors by Marianne Cherico has recently finished staging select rooms in this Sherborn Massachusetts Mansard Colonial. Set on 5 acres, this wonderful home has been renovated throughout.   As you enter this lovely home the hallway takes you into the huge country kitchen,dining room or front to back living room.                                                      The new country kitchen in this home staging Sherborn Massachusetts has a great stone fireplace.  We focused on this charming selling feature with a landscape picture with pops of orange.                                 Here is another view of this completely remodeled kitchen.   When staging, even the cookbook should be opened to a...
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By Jim Mushinsky
(Centsable Inspection)
Home inspectors working in Sherborn MA are required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice.  A copy of the standard will be provided to the client by the home inspector. The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection. Visit the Sherborn MA Home Inspection web page from United Inspection Service for some useful information about homes in Sherborn MA and Massachusetts Home In...
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By Lynda Longmire
(Virtual Homes Real Estate)
Sherborn Massachusetts Real Estate Market Reports for 2009 Single Family Home Sales The Sherborn, MA real estate market report indicates that there were 44 homes sold in 2009 as compared to 40 in 2008. This represents a 10% increase in the number of homes sold. The average sales price changed from $934439 in 2008 to $730985 in 2009, a 22% decrease in value. The days on market changed 13 % from 167  to 188. Visit Sherborn MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides.   Go to Sherborn MA homes for sale to view current listings of homes, condos, multi-family and land listings. Condominium Sales The Sherborn, MA condominium market data indicates that there were 6 condos sold in 2009 as compared to 1 in 2008. This r...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
     As of March 31, 2009, there were 41 single family listings in Sherborn on the Multiple Listing Service (MLSPin).  During March, 10 new single family listings were added to our MLSPin and an additional 2 single family homes were relisted for sale on the MLS, with an average list price of $624,159.   Inventory levels are building and supply is now far exceeding demand - especially in the higher end of the Sherborn market.  Now may be a great time to buy, but if owners don't need to sell, they would be well advised to either hold off for a while or price their homes to sell today, because there will be even more homes competing with overpriced listings tomorrow. Based on the number of active single family listings versus the number of sales during the month, there is a market absorpti...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
     As of February 28, 2009, there were 33 single family listings in Sherborn on the Multiple Listing Service (MLSPin).  Inventory levels are growing and there is little movement in the market in Sherborn.  As the spring months arrive, activity levels should increase, however right now, the buyer is firmly in the driver's seat.  During February, 1 new single family listing was added to our MLSPin and an additional 2 single family homes were relisted for sale on the MLS, with an average list price of $1,376,467.    I normally try to calculate a market absorption rate for all the towns that WEICHERT, REALTORS®-Synergy services and reports upon.  However, this information is not meaningful at this moment in time for Sherborn, because there is very little movement in the sale of single fam...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
   As of January 31, 2009, there were 35 single family listings in Sherborn on the Multiple Listing Service (MLSPin).  It is very difficult to interpret the market statistics for Sherborn at this early point in the year.  Although it is encouraging to see some of the older inventory finally selling, it is also misleading to look at average sales price to original sales price because the majority of these listings have been renewed or have expired at least once and the MLSPin data does not capture the original list price, but rather the price that the home was listed for during the time that the listing has been active with the current listing broker.  Although Sherborn is a very desirable community to live in, it is evident from the numbers that buyers are looking elsewhere for the mome...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
  As of December 31, 2008, there were 30 single family listings in Sherborn on the Multiple Listing Service (MLSPin).   Year to date sales figures show a 13.0% decline in modest sales volume, although sales prices have increased by 20.73% compared to 2007. Based on current market absorption rates (see below), the market for single family homes in Sherborn appears to be "balanced."  In other words, market supply and demand are in balance, such that it is neither a buyers' nor a sellers' market.  However, some of the inventory currently available has been sitting idle for over nine months are experiencing significant downward price pressure from interested buyers.  Also of note is that average sales price to original asking price figures for 2008 (see chart below) are skewed because of an...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
       As of November 30, 2008, there were 42 single family listings in Sherborn on the Multiple Listing Service (MLSPin).  Very few homes are selling in Sherborn.  Surprisingly, average sales prices are up 28.2% from last year.  However, looking at current inventory levels, this seems to be an anomaly, as there is a very large concentration of homes on the market priced closer to or less than 2007 averages.  Of alarming distress is the current market absorption rate for Sherborn (see below).  I've spent some time thinking about this - the majority of towns surrounding Sherborn have easy access to the commuter rail and highways.  In addition, these neighboring towns have public water and sewage.  What they don't have, however is a nationally recognized high school like Dover/Sherborn an...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
         As of October 31, 2008, there were 54 single family listings in Sherborn on the Multiple Listing Service (MLSPin).  Sales of single family homes are down approximately 13.5% for the year, with on-going price pressure on list prices by buyers - especially in the $1,000,000 plus price range.  During October, 7 additional single family listings were added to our MLSPin, (1 was re-listed and put back on market) with an average list price of $972,114.  Based on the number of active single family listings versus the number of sales during the month, there is a market absorption rate of a staggering 18 months.   That is to say, based on the volume of sales during the past month, it will take 540 days to sell all the single family homes currently sitting on the Sherborn market. The ave...
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By Martin Kalisker, Professional Standards & Legal Assistant
(Greater Boston Association of REALTORS)
  Monthly market performance: As of September 30, 2008, there were 54 single family listings in Sherborn on the Multiple Listing Service (MLSPin).  Listing prices continue to rise in Sherborn, despite downwards pressure from buyers as demonstrated by the difference between asking and actual sales price.  Market comparables are hard to find, so the buyer definitely sets the price in this town.  During September, 11 new single family listings were added to our MLSPin, with an average list price of $1,279,734. The average list price is $1,008,225.  The lowest price is $199,888 and the highest price is $4,000,000, with the largest concentration of homes (56.7%%) priced in the $600,000 to $999,999 price range.  Of note, the average list price for a single family home in September 2007 was $1...
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By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
What a wonderful town and great place for anyone. I love the little center of town and how very quaint it is. The lovely historic homes that line Route 16 and Route 27 are wonderful. When my granddaughter could barely talk, as we passes through town (she was less that 2) the first thing she would say was "I cream" she was referring to C & L Frosty's a great little restaurant that has such wonderful ice cream, hot dogs, hamburgers, Fried Clams, and a small area to sit outside and enjoy any of the above in the nice warm months. It is hard to pass by with stopping for an ice cream or frozen yogurt. The next thing she would say was "Ghandi." There is a statue of him in front of the Peace Abbey where the former town hall was. Then she would say "No Nuts" and she was saying Dunkin' Donuts." ...
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By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
Sherborn Market Report from 9/3/07 - 12/3/07Sherborn is  home to the Sherborn Inn which has been completely renovated.  If you haven't been there it is great.  The tavern is great for quick bite and the main dining is just elegant.  We went to a lovely wedding there last January and it was superb.  Sherborn is a  small semi-rural community.  There is a full time Police Department and an on call volunteer Fire Department and rescue squad.   Sherborn is bordered by Framingham, Natick, Dover, Ashland, Holliston, Millis, Medfield.  Sherborn shares with Dover the high ranking public schools.  This is a very picturesque community with large parcels of land generally for each property.  The center of Sherborn is very historical and there is a library and 3 churches.  The popular place in seaso...
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