There are currently 43 single family homes for sale in Stow. Seven of the 43 already have accepted offers waiting for contingencies to clear. Last year at this time there were 46 listings. Both median and average list prices are up from last year at this time. The median is $599,900 compared with $509,000 last year; the average is $581,128 compared with $556,951.
Current list prices for single-family homes in Stow range from $218,975 to $1,095,000; 3 bedroom homes start at $218,975; 4 bedroom homes start at $299,000; and new homes with 1,900 square feet start at $539,900.
Currently, there are four homes with sales pending. Year to date, there have been 45 closed sales; the median sale price was $460,000; the average was $486,296. The price range with the most sales was $600,000 to $699,900 - there were 10 sold. There were 7 closed sales during September 2009. The median sale price was $470,000; the average was $483,479.
Low interest rates are good for buyers, however, fewer choices give sellers a bit of an edge and will eventually put upward pressure on price. For now, I would say were still a ways from being a balanced market since most buyers look at more than one town and are likely to find areas where there are more homes available. In any case, don't believe the headlines - all real estate is local and especially in Massachusetts conditions can vary greatly from town to town, and often it's right down to the particular price range.
To find out about available homes in Stow MA, visit www.marilynmessenger.com where you'll find complete MLS listings with addresses and maps, along with local market information and news. Source: MLSPIN
ZIP Code: 01775 Approximate Location Boundaries: Midway between Boston and Worcester - bordered by Sudbury, Maynard, Acton, and Bolton.
Location Characteristics: The Town of Stow is situated midway between Boston and Worcester and is a small residential community with rural aspects. The town boasts several apple orchards which are a beautiful sight to behold in spring and which attract many people in the early fall for apple picking. Stow is a mecca for golfers with 81 holes in town; Stow Acres Country Club, Butternut Farm Golf Club, Wedgewood Pines Country Club and Stow Away Golf Club provide some of the best golf in the state. A private airport and Lake Boon, which has become an attractive year-around residential area are sources of pride to the community. (from the Town of Stow web site)
About Marilyn Messenger, CRS:
"Marilyn exemplifies what every real estate agent should be. She was professional, thoughtful and tough when she needed to be. I would not have made it through if Marilyn was not at the helm. I cannot recommend her highly enough" - Jessica
"Marilyn went beyond the call of duty...All the 'i's were dotted and the 't's were crossed in a very professional manner. You [William Raveis] are fortunate to have her on your staff" - Alice
…Thanks so much for all you did to help us through the process of buying our first home...[Marilyn] made the process easier than we ever thought possible." -- Matt & Julie
Marilyn Messenger has been representing buyers and sellers of residential real estate west of Boston since 1993. She is a licensed Broker (not a salesperson), and additionally, she has earned the following designations: CRS - Certified Residential Specialist - only 3.5% of Realtors nationally have completed the requirements for CRS; ABR - Accredited Buyers Representative; SRES - Senior Real Estate Specialist; RECS - Real Estate Cyberspace Society members are dedicated to using the latest technology to benefit their clients. She is also a member of the MA and National Association of Realtors.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
