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
|
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
|
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
|
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
|
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:
|
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
|
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.