Condos in Stoneham MA are still being sold at bargain prices!Â
Having just soldÂ 39 Chestnut St, Unit 2L in Stoneham MA on 8/31/2010,
I saw first hand the bargain buyers are getting on condos in Stoneham MA!
In 2007, this renovated, 2 bedroom, 792 sqft condo in Stoneham was purchased for $259,000.00.Â Â ThisÂ pet friendly condo in StonehamÂ featured anÂ open concept with galley kitchen, oak cabinets, granite counter-tops, amazing hardwood floors, high ceilings, private deck, laundry in unit and storage.Â Â
On August 31, 2010, it sold for only $217,500.00!Â A drop in valueÂ of 16% in just over 3 years!
This condo in Stoneham MA was on the market 95 days and sold for 92.5% of the the $234,999.00 asking price.Â
From this this example, we can see condos in Stoneham MA are selling at bargain prices.Â
Think this condo was a fluke?Â In 2010, the median sales price ofÂ condos in Stoneham MA has dropped to $205,000.00. Compared to 2007 when the median price was $248,000.00.
Want to take advantage of these prices then search for condos in Stoneham MAÂ and get yourself a bargain!Â
Anthony Giglio is a RealtorÂ with RE/MAX Leading Edge andis always available to help you Buy, Sell or Rent your Home.Â Contact me for a FREE Market Analysis to determine your homesÂ value or sign up forÂ FREE MLS accessÂ to search for your new home today!