Significant price correction across the region have been going on for a number of years, creating a very good buyer's market in Sterling. There are 46 homes on the market at an average price of $311,565 and the days on market is 267.
There were 23 homes sold within the last 6 months at an average sale price of $285,652 with the average sale per square foot being $145.00. The average days on the market were 182. The inventory of homes in Sterling today will provide a 12-month supply; a normal market is between 6 and 7 months. Buyers have an excellent opportunity to find a good home at a reasonable price, while interest rates continue to be very reasonable.
Buyers should definitely take advantage of the very low interest rates and great pricing and purchase now. The special financing options are abundant now. This is a strong buyer's market with exceptionally good interest rates.
ZIP Code: 01564 Approximate Location Boundaries: Sterling is bound on the East by Lancaster and West Boylston, on the South by Holden, on the West by Princeton, and on the North by Leominster.
Location Characteristics: Sterling is the home to Mary Had a Little Lamb and her original School House was moved to the Wayside Inn in Sudbury by Henry Ford.
The quiet country community has about 7,200 people, excellent schools, and kind and caring people who reach out often to help their fellow townspeople. Noted for its beautiful views, wonderful apple orchards, grass fed beef farms, home make Rotta Springs ice cream, Crystal Brook Farms fabulous goat's cheese, a great Farmer's Market, and picturesque horse farms, Sterling is a place people make their home and never leave.
The Sterling Fair in September is a highlight of the season with more than 30,000 people coming out the see the horse show, and best lambs, the biggest tomato or sunflower, the best quilt, or the horse and oxen pulls. A very special occasion.
Lake Waushacum is outstanding for summer swimming and boating; Mt. Wachusett is the best winter experience for skiing and snowboarding; the Sterling National Country Club offers the best golf in the area. Something for everyone.
About Judy Reynolds & the Evergreen Realty Team:
I have been a professional real estate consultant for 29 years as a small town independent Realtor. The use of cutting-edge technology and professional experience make my Team the very best in the area. The Evergreen Realty Team is dedicated to providing exceptional service to our clients and customers. Our web site was first designed in 1994 (the first in Central Massachusetts) and www.EvergreenRealty.com offers the best information and tools to assist you with all your real estate needs. As Quality Service Certified professionals, we look forward to assisting you.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
