Sharon Update: The Village Neighborhood

We at Bain wish you a Happy New Year hoping health and happiness continue for you throughout 2014. Unsettling seems an apt word for 2013 where the insecurities of the world seemed so pervasive.  Yet in reflection the year was extremely positive for the local real estate market and businesses alike. And as we head into the New Year, the momentum continues. 

Nationally we are seeing the growth of values in many regions.  The economy is starting to get some legs and many segments of the economy are reporting stronger than average figures.  

Our local real estate market is more active, and getting healthier incrementally as well. Values are stronger. We at Bain are had another productive year with very strong sales and appreciate your support and trust. 

There are presently 67 homes on the market in Sharon which is approximately the figure we had a year ago.  There were 42 sales in the last twelve months, slightly over last year’s pace.  

 

Sharon 2013-Sales

Property Type: Residential Status: Closed/Sold Number of Properties: 42

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM Average 3 2.38 2,171 $520,331 $234.49 $470,577 $212.26 91.15% 171 Median 3 2.25 2,057 $399,450 $211.71 $373,750 $198.39 92.15% 119

Sharon 2012-Sales

Property Type: Residential Status: Closed/Sold Number of Properties: 39

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM Average 3 2.64 2,556 $485,223 $202.19 $439,958 $184.63 90.76% 226 Median 3 2.5 2,200 $439,000 $186.49 $405,000 $170.43 92.3% 181

To note is that the average sales price increased by 6%, the sales price per square foot rose 13% and the time on market dropped by nearly two months. All of these data points reveal a market that is healing well. 

Yet, while buyer confidence grows pool of prospects is still rather low.  To keep the interest of the buyers, proper pricing is still critical.  There are presently 6 properties in contract to sell in Sharon- one here in the Village. You’ve heard it before, a well priced house gets the buyer’s attention, and it is still true. Here is what sold!

Sharon Sales - Click Here For Details

Map - Click Here for Village Map

270 Cornwall Road- House requires work but has nice privacy and a barn.

270 Cornwall Road Sharon, CT

Sold:  $156,000 List:   $170,000 Sold date: December 2013 Acres: 2.80 Beds: 3 Baths: 2 Address: 270 Cornwall Br Rd Town: Sharon CT 06069

75 Mitchelltown Road – Privately sited one level country home in excellent condition. Wooded 3 acres with a nice screened porch.

Sold: $245,000 Price: $339,500 Sold date: April 2013 Acres: 3 Beds: 2 Baths: 2 Address: 75 Mitchelltown Road Town: Sharon CT 06069

Cornwall Br Rd-  5 acre parcel of land heavily wooded with wetlands consideration.

Sold: $38,500 Price: $49,900 Sold date: June 2013 Acres: 5.72 Address: Cornwall Br Rd Town: Sharon CT 06069

31 S Main Street- 1950’s renovated Cape with 2000 sq. ft. Lovely gardens open porch and new kitchen.  

Sold:  $422,500 Price: $490,000 Sold date: July 2013 Acres: .510 Beds: 2 Baths: 2 Address: 31 S Main Street Town: Sharon CT 06069

36 Great Elm Rd- Great Elm community home requiring updating. Large open rooms with considerable natural sunlight. Large kitchen and separate guest quarters.

Sold:   $600,000 Price:  $695,000 Sold date: August 2013 Acres: 3 Beds: 3 Baths: 5 Address: 36 Great Elm Rd Town: Sharon CT 06069

 

4 Upper Main St # 2- Neat 2 bedroom condo with over 1044 sq. ft, balcony and garage

Sold: $173,000 Price: $177,900 Sold date: May 2013 Beds: 2 Baths: 2 Address: 4 Upper Main St # 2 Town: Sharon CT 06069

22 Upper Main St -  1 bedroom, 2nd floor condominium in very good condition. Large living room with cathedral ceilings, good natural light and spacious kitchen.

Sold: $70,000 Price: $75,000 Sold date: December 2012 Acres: N/A Beds: 1 Baths: 1 Address: 22 Upper Main St Town: Sharon CT 06069

20 Upper Main St -  4 bedrooms 1900 homes with 1620 sq. ft. Enclosed porch

Sold: $300,000 Private Sale Sold date: September 2013 Acres: .91 Beds: 4 Baths: 2 Address: 20 Upper Main St Town: Sharon CT 06069

 91 Main Street, Sharon – Victorian Building on the Green- office space with a second floor apartment- recently renovated.

Sold:  $260,000 List:   $275,000 Sold date: September 2013 Acres: .5 Beds: 2 Baths: 1 Town: Sharon CT 06069

61 Hospital Hill Rd- Recently renovate village Victorian home in excellent condition. 1574 sq. ft. across from the hospital

Sold:   $265,000 Price:  $319,000 Sold date: August 2013 Acres: .26 Beds: 4 Baths: 1 Address: 61 Hospital Hill Rd Town: Sharon CT 06069

134 Sharon Valley-  Lovely Colonial style home on over an acre of level land. Four bedrooms and a renovated country kitchen. Tow porches and a brook.

Sold at: $190,000 Price: $210,000 Sold date: November 2013 Acres: 1.10 acres Beds: 4 Baths: 1.5 Address: 134 Sharon Valley Town: Sharon CT 06069

7 Holland Road – Private country 2 bd. cottage with large kitchen on garden like parcel.

Sold at: $255,000 Price: $285,000 Sold date: November 2013 Acres: 1.08 Beds: 2 Baths: 1 Address: 7 Holland Road Town: Sharon CT 06069

62 Gay St-  Bank owned antique eyebrow colonial with upgraded kitchen, woodstove and large sun room.  Wide board flooring and exposed beams. Small barn on level lot.

Sold: $171,500 Price: $171,500 Sold date: May 2013 Acres: .57 Beds: 3 Baths: 2 Address: 62 Gay St Town: Sharon CT 06069

12 Calkinstown Rd – Antique style 1 bedroom home with exposed beams, wood floors and fireplace. Stone patio and step from shopping.

Sold: $200,000 List:  $225,000 Sold date: November 2013 Acres:.14 Beds: 1 Baths: 1.5 Address: 12 Calkinstown Rd Town: Sharon CT 06069

22 Calkinstown Rd – Antique barn home set on a brook. Small parcel- lovely gardens.

Sold: $303,094 List:  $325,000 Sold date: November 2013 Acres: Beds: 3 Baths: 2 Address: 22 Calkinstown Rd Town: Sharon CT 06069

1 Still Meadow Rd- Cape style home recently update with chestnut flooring, cherry cabinetry and first floor master suite.

Sold:  $329,000 List:   $349,000 Sold date: September 2013 Acres: .61 Beds: 2 Baths: 2 Address: 1 Still Meadow Rd Town: Sharon CT 06069

39 Calkinstown Rd-  Recently renovated colonial home with considerable upgrades. Gourmet kitchen, fireplaces in each dining and living room central ac and other touches.

Sold:  $895,000 List:   $925,000 Sold date: August 2013 Acres: 1 Beds: 5 Baths: 4 Address: 39 Calkinstown Rd Town: Sharon CT 06069

110 North Main Street–4 Buildings in considerable disrepair- some requiring demolition.  Main house two apartments, former dance studio and two large storage barns on 5 acres of land.

Sold:  $150,000 List:   $275,000 Sold date: January 2014 Acres: 5 Beds: 3 Baths: 1 Town: Sharon CT 06069

All of the current Sharon listings can be seen on our website www.bainrealestate.com.  I encourage you to visit it.  It’s loaded with information about listings, sales, our towns and these letters (see Market Update).  There is also a way there to get direct email posting of new listings as they hit the market.

And if you know anyone thinking of selling their property, we would like the opportunity to talk to them about our marketing.  Thanks.  I’ll write again in a year to let you know what’s happened.

 

Respectfully,

Chris Garrity & David Bain

 

Sam FitzGerald, David Almquist

Sharon office Bain Real Estate

 

Please note that all sales data are from the CTMLS and not all sales transactions

are through Bain Real Estate.