May single-family home sales and prices were up in Stow. There were 7 closed sales during the month of May 2010 compared with only 3 during May 2009 Median and average sale prices were up - the median was $440,000; the average was $463,057 compared with $336,500 and $455,833 during May 2009.
Year-to-date sales in Stow are also up over last year. As of 6/20/2010, there have 23 closed sales; last year there were 15 for the same period and it tool less time for houses to sell - the average time on the market was 162 compared with 194 days for the same period in 2009. The median sale price was $435,000; the average was $436, 959.
Currently, there are 55 single family homes for sale in Stow MA. Last year at this time there were 53 listings. List prices in Stow range from $159,000 for a total rehab or tear-down, to $999,400 for an antique home on 10+ acres. The price range with the most home for sale continues to be $500,000 to $599,900; there are 11 houses for sale in that range.
The median list price is less than it was last year at this time - $489,000 compared with $579,900 last year; and the average is also less: $510,029 compared with $582,878 last year.
Five of the forty-nine homes for sale already have accepted offers waiting for contingencies to clear. There are 9 single-family homes with sales pending; the average list price for these homes is $522,389.
Interest rates are historically low so if you're ready to move to Stow visit www.marilynmessenger.com
where you'll find complete MLS listings with addresses and maps, along with local market information and news.