Maureen Harmonay's Market Report

Sterling, MA 01564

Single-Family Homes

Coldwell Banker Realty * 978-502-5800 * Maureen.Harmonay@NEMoves.com



Sterling, MA 01564

Thu Dec 01 2022
This week the median list price for Sterling, MA 01564 is $500,000 with the market action index hovering around 66. This is an increase over last month's market action index of 65. Inventory has decreased to 7. Click here to stay informed with the Sterling market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Sterling, MA 01564

Thu Dec 01 2022
This week the median list price for Sterling, MA 01564 is $500,000 with the market action index hovering around 66. This is an increase over last month's market action index of 65. Inventory has decreased to 7. Click here to stay informed with the Sterling market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $500,000
Median Price of New Listings $229,900
Per Square Foot $217
Average Days on Market 51
Median Days on Market 49
Price Decreased 57%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 66
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,050,000 2,600 2.5 - 5 acres 4 2.5 0 0 0 126
$837,500 3,992 1 - 2.5 acres 4 3.5 23 0 0 66
$494,950 2,198 2.5 - 5 acres 3 2.5 50 0 0 38
$307,450 969 0.5 - 1 acre 2 1 108 1 1 10