Sturbridge, MA

Wow! Over 2600 Square Feet, 4 Bedrooms, Master Suite, Finished Basement - Amazing Home in Sturbridge Only $349,900

	23 Tannery Road Sturbridge, MA 01518 4 Bedroom Center Entrance Colonial Now Available
Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Kathryn Acciari Office: 508-784-0501 Mobile: 508-982-0686 Website: Visit Website	Price : $349,900 Bedrooms : 4 Bathrooms : 2.5 Square Foot : 2,668 Lot Size : 21,780 Community : Tall Pines County : Worcester Property Type : Detached Year Built : 2004 MLS Number : 71271024 click for more information and pictures Property Description Outstanding opportunity at the Tall Pines. Spread out in this spacious home - center entrance 2-story foyer, 4 bedrooms, finished basement. High ceilings, open layout, Great Room w/gas fireplace. Hardwoods adorn dining room and lovely kitchen. Breakfast area opens to deck and level yard. Unwind in the private master suite with its luxurious bath. With one walk-in and three other closets, there is storage to spare. Top-of-the-line HydroAir system provides the ultimate in comfort. Set in a neighborhood with sidewalks and hand-crafted streetlamps, surrounded by stately pine trees, oaks, and maples. A classic New England setting for your new home. Features List Over 2600 Sq Ft 4 Bedrooms 2.5 Baths Open Floor Plan 2-Story Foyer Dine-In Kitchen Formal Dining Room Breakfast Bar Storage to Spare Hardwood Floors Great Rm/Family Rm Expansive Master BR Luxurious MasterBath Corner Jetted Tub Finished Basement HydroAir System 2-Car Garage Level Back Yard Neighborhood Setting Attic Storage
Equal Housing Opportunity.	RE/MAX Professional Associates : 49 Main Street - Sturbridge MA 01566 : 508-784-0501

Sweet! Tantasqua Educational Fund Offers Evening of Decadent Desserts

On Friday, February 3, 2012, the Tantasqua Educational Fund (Ted.) will hold its annual fundraising event at the Publick House Inn in Sturbridge, MA.

This year, the focus is on decadence, and attendees will have the opportunity to indulge in sumptuous desserts while enjoying live music.

The festivities kick off at 7 pm and go through 9 pm. Tickets are $20 per person in advance, and $25 per person at the door. To purchase advance tickets, visit the Ted. web site. Be sure to order early, as this is a well-attended event.

Ted. is a program that provides funds to teachers of the Tantasqua School District for innovative and creative programs and projects that enhance students' learning. In the past three years, nearly $50,000 have been awarded.

Office Space for Lease in Historic Sturbridge MA

Soon to be available on Main Street, Sturbridge, exceptional and flexible office space in an outstanding location. The offices are located in The Barn, a two-story building with charm and character.

Several options are available. Choose the 900 square foot space upstairs, complete with its own bathroom and a spacious training room ($1000/month + utilities). Or choose the 1600 square foot space on the first level, which includes two bathrooms, kitchenette, conference room, offices, and a CEO office with sunken meeting space ($1500/month + utilities).

A third option is to rent both spaces for 2500 square feet of office space.

48 Main Street, Sturbridge, Massachusetts

Executive Office with Sunken Meeting Area

Training and Meeting Room

This outstanding office space is available for lease starting April 1, 2012. Call for additional information and terms: (508) 982-0686.

Sturbridge Year-End Real Estate Report for 2011

How did the real estate market perform in 2011 in Sturbridge, Massachusetts? In 2011, we saw 69 single family home sales at an average price of $250,000. As the charts below show, the number of homes sold in 2011 was the lowest in the past decade; however, the average sale price stayed fairly stable.

For condominium sales, Sturbridge also saw some stabilization. Thirteen condos were sold in 2011, with an average sale price of $184,000. The number of units sold has remained similar to the past three years, with a fairly stable average sale price.

Data source for all graphs: MLS PIN

Influencing Factors

Several natural disasters in 2011 certainly had an effect on real estate sales in Sturbridge. Many citizens were focused on stabilization and recovery efforts following severe snow storms and a devastating tornado. Add in the general state of the economy and a continued distressed property market, and we saw a triple threat to property sales in Sturbridge this year.

Also remember that in early 2010 we had a home buyer tax credit, which created a short increase in activity and sale prices for that time period. We are now back to 2009 market prices.

Current Market and Predictions for 2012

As of this writing (January 8, 2012), the inventory in Sturbridge is low. There are currently 61 homes actively listed on the market. Of these, 8 have accepted offers but are accepting backup offers; 7 of these are priced lower than $250,000, and 5 are short sales.

Only one property is currently under contract, also a short sale.

There are 5 foreclosed homes currently active on the market.

Ten condominiums are active on the market; one of these is a foreclosed property. There are no condos with offers pending at this point.

For 2012, I predict a continued slow but stabilizing market in Sturbridge. Employment in this area is improving, and with that will come the consumer confidence needed to make people feel comfortable purchasing their own homes. Home sellers should prepare for having to continue to compete with low-priced distressed properties by getting their homes in top condition and setting realistic prices. Home buyers should prepare for strict lending rules by getting their financial affairs in spotless condition.

If you have questions about buying or selling property in the Sturbridge area, please do contact me. I am here to help you navigate the market as it moves toward recovery.

Yours in real estate,

Kathryn Acciari, REALTOR(R)
RE/MAX Professional Associates - Sturbridge, MA
(508) 982-0686 kathrynacciari@remax.net