Bain Real Estate Sharon Mountain 2019 August Market Report.

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Dear Neighbor,

The market continues its steady course with numbers tracking as they have for a few years. There have been 45 residential sales in last 365 days and 26 in 2019.  In 2018, there were 48 sales and 29 sales in the first seven months of 2018.

Weekend buyers are still seeking affordable housing opportunities with a keen intent on not overinvesting in a house that gets limited use.  Sellers are recognizing that while they invested in their homes over time, buyers are not valuing the upgrades as much as sellers might have hoped.

As to land parcels, we have seen tepid sales transactions.  Only 3 sales have occurred in the last 365 days noted in the MLS with two of those in 2019.  The two in the first half of 2019 were 21-25 acre parcels that sold for $160K-$240K.

Interestingly, there are 6 home sales in contract to sell presently for $650,000 and below.  In your neighborhood, we have 5 houses to report selling in the last 12 months.

8 Joray Road- 12.04 acre

Closed for $228,750                                     

1733 sq. 1984/ 2bd-1.5 bths                          

Needs some updating. Private   

20 Hunting Ridge Road- 33 acres

Closed for $940,000

4078 sq 1987/ 4bd-4.5bths

Stunning land, pond and privacy

339 Cornwall Bridge Road- 1.74 acre

Closed for $285,000

1421 sq. 1969/ 2bd-1bth

Clean and neat-Easy to maintain

2 Jackson Road- 24.63 acres

Closed for $360,000

3850 sq. 1850/ 6bd-4.5bths

Fabulous space that needs renovations

40-42 Jackson Road- 42 acres

Closed for $2,000,000

4909 sq. 1932/ 4bd-4.2bths

2 houses-Private estate-Views-Needs work

 68 Red Horse Hill- 14.30 acres

For Sale for $477,000

1765 sq. 1974/ 3bd-2bths

Private-fireplace and barn

Smith Hill Road- 4.55 acres

For Sale for $95,000

Private setting with a brook

There are a few other offerings in the neighborhood and town so to keep in touch with these happenings or other areas in the NW Corner, visit on our website, www.bainrealestate.com

Chris Garrity,

David Bain & Associates

Toni Soule, Marilyn DeVos, Karen Grimaldi, David Hurlburt, Heidi Kearns, Priscilla and Asher Pavel

Please note that not all listings and sales transactions are through David Bain Real Estate