Medford, MA Homes for Sale – Deb on the Web » Stoneham MA

Real Estate Market Update – Stoneham MA

DebOnTheWeb — Tue, 07 Apr 2009 13:14:29 +0000

The spring market is starting off a bit slow in Stoneham. Here are the latest statistics for the housing market:

Real Estate Statics for Stoneham MA as of April 2009

Let’s compare these figures to what was happening in December (which reflects the fall market in Stoneham)

Real Estate Statics for Stoneham MA as of December 2008

What we see is the number of properties has remained pretty level. In a “normal” market we see a lot more properties come on the market in the spring. (Of course we’re definitely not in a normal market now!) The number of properties that have sold has gone down a bit and that has lengthened the amount of months of inventory that is currently for sale. However, keep in mind that properties take on average 2 months to close, so these figures are still reflecting the winter market. In keeping with the rest of the country, the average sales prices in the city have continued to come down.

If you’d like more information on homes for sale in Stoneham just ask!

Buzz for the Stoneham Trivia Bee

DebOnTheWeb — Wed, 01 Apr 2009 23:00:26 +0000

What are you doing this Friday night? Why not come down and support the Stoneham Business and Community Educational Foundation with a night of fun and trivia. For years Stoneham has held a Adult Spelling Bee to raise funds, but this year the Robin Hood School with be abuzz with trivia instead. You might remember that the ERA Andrew Team – The Shmitten-Bees made it to the semi-finals last year in the spelling bee and we had a blast! (Check out the photo show where you can see me biting my lip waiting to see if we spelled out last word correctly – we didn’t.) Last year the event raised over $5,600 for Stoneham schools.

The Trivia Bee is this Friday, April 3rd starting at 7:00 PM in the Robin Hood School gymnasium. This year our team members are aged 23 to 85 so we’re hoping we have someone on our team who’ll be able to answer any of the trivia questions that come our way.

It’s a fun night that raises money used to help kids and the community, so please come and cheer us on :)

Market Update – Stoneham MA

DebOnTheWeb — Fri, 19 Dec 2008 18:22:10 +0000

Looking out my window certainly confirms that winter is here in New England and with the snow we normally see a slow down in the market. This is exactly what’s happening in the condo and multi family segments of the real estate market in Stoneham MA.

Although 2 and 3 family homes are only a small percentage of the properties in Stoneham, this segment of the market has the highest change in the amount of time taking properties to sell. Although there are 4 less multi family homes for sale this year versus the same time last year, it is now taking on average 2 months longer to put these homes under agreement.

There have been changes in the condo market in 02180 as well. There are currently 43 condos for sale right now where there were only 22 condos for sale at this point last year. It is now taking about a month longer to sell condos in Stoneham as well with days on market now up to 190 days.

The Stoneham single family market has remained a steady market over the last year. There are currently 50 single family homes for sale right now and according to MLS, there were 50 single family homes for sale this time last year. The average days on market has also stayed the same at 136 days in order to have an accepted offer on a property.