Bain Real Estate - Market Update

Bain Real Estate 2019 November Mudge Pond Market Report.

Dear Neighbor,

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The market is healthy and vibrant, depending on how your house is priced! Yes, sales are up from 10 years ago in the midst of the Great Recession when we saw only 20 sales.  There were 49 sales that have transpired in the last 12 months. The average day on market is also lower than those trying to sell in 2009.

That said, the average buyer's motivation to purchase is mercurial. Why? Take your pick-the economy, millennial attitudes, or an older housing stock? It matters little. What matters is pricing your house properly to find a buyer.

In fact, in 2009 of the 20 houses that sold 14 of them had at least one sign...

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Bain Real Estate 2019 November Cornwall Bridge Market Report

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Dear Neighbor,

The market is healthy and vibrant, depending on how your house is priced! Yes, sales are up from 10 years ago in the midst of the Great Recession when we saw only 20 sales.  There were 49 sales that have transpired in the last 12 months. The average day on market is also lower than those trying to sell in 2009. That said, the average buyer's motivation to purchase is mercurial. Why? Take your pick-the economy, millennial attitudes, or an older housing stock? It matters little. What matters is pricing your house properly to find a buyer.

In fact, in 2009 of the 20 houses that sold 14 of them had a...

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Bain Real Estate West Warren 2019 September Marketing Report.

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Dear Neighbor,

While autumn quickly approaches, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 6 residential sales last year, down from 11 the year before.

10 Partridge Road

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Bain Real Estate Northwest Warren 2019 August Market Report.

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Dear Neighbor,

While the weather continues warmer, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 5 residential sales last year, down from 12 the year before. Again, an example of a slowing in the market.

One of the more exciting and recent sale...

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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...

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