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Anthony Giglio's Blog

By Anthony Giglio | Broker in Woburn, MA

Condos in Stoneham MA are still being sold at bargain prices!

Condos in Stoneham MA are still being sold at bargain prices! 

Having just sold 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.  This pet friendly condo in Stoneham featured an open concept with galley kitchen, oak cabinets, granite counter-tops, amazing hardwood floors, high ceilings, private deck, laundry in unit and storage.  

On August 31, 2010, it sold for only $217,500.00! A drop in value 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. 

From this this example, we can see condos in Stoneham MA are selling at bargain prices. 

Think this condo was a fluke?  In 2010, the median sales price of 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 MA and get yourself a bargain! 

Anthony Giglio
Website: www.MAHOMES4SALE.com
Blog: www.TheTownLounge.com
Email: anthonygiglio@yahoo.com
Find me on Facebook
Direct: 781-789-3940

Anthony Giglio is a Realtor with RE/MAX Leading Edge andis always available to help you Buy, Sell or Rent your Home.  Contact me for a FREE Market Analysis to determine your homes value or sign up for  FREE MLS access to search for your new home today!

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