Posts from February 29th, 2020
Bain Real Estate - Market Update
RSS Feed
RSS Feed
- 2022 | 18 Posts
- 2020 | 4 Posts
- 2019 | 24 Posts
- 2018 | 28 Posts
- 2017 | 9 Posts
- 2016 | 18 Posts
- 2015 | 29 Posts
- 2014 | 16 Posts
Bulls Bridge | 4 Posts
Cornwall Bridge | 6 Posts
Cornwall Hollow | 4 Posts
Cornwall Village | 4 Posts
Cream Hill | 5 Posts
East Cornwall | 5 Posts
East Warren | 5 Posts
Ellsworth | 5 Posts
Kent Hollow | 4 Posts
Kent Village | 4 Posts
Long Mountain | 2 Posts
Merryall | 2 Posts
Mid Cornwall | 5 Posts
Mudge Pond | 5 Posts
North Kent & Brookwoods | 5 Posts
Northern Merryall | 2 Posts
Northwest Warren | 4 Posts
Route 7 South | 3 Posts
Segar Mountain | 6 Posts
Sharon Cornwall Bridge | 3 Posts
Sharon Mountain | 4 Posts
Sharon Village | 5 Posts
Sharon-West Cornwall | 2 Posts
Silver Lake | 5 Posts
Skiff Mountain | 4 Posts
South Kent | 3 Posts
Spectacle Lakes | 5 Posts
The Cobble and Studio Hill | 5 Posts
Upper End Market | 5 Posts
Waramaug | 5 Posts
West Cornwall | 7 Posts
West Warren | 5 Posts
Westwoods | 4 Posts
White Hollow | 4 Posts
February
29
29
Bain Real Estate Sharon Village February 2020 Market Report
Bain Real Estate Sharon Village February 2020 Market Report.
PLEASE CLICK HERE TO SEE THE MAP
Dear Neighbor,
February 2020 provides a proper perspective of how Sharon's real estate values unfolded in 2019. A slight uptick in sales occurred from 46 closings in 2018, to 49 sales in 2019. A more surprising statistic, however, is the 60% reduction in inventory over 5 years. Listing inventory is down to only 44 houses available in comparison to the nearly 75 listings in 2015. What are the implications? We think that this market constriction will likely bolster house values even further and make land that much more attractive, which has yet to recover from the 2008 recession, making the market all the more intriguing.