The results are in for 2014 sales at Stone Ridge in Franklin, MA and the news is good! Townhome sales volume more than doubled over 2013’s totals, while the time it took to find a buyer (days on market) fell by almost a third. The average sales price at Stone Ridge rose in 2014 for the third year in row. The average sales price is now a whopping 19% higher than where it was in 2011! (On a personal note, my listing at 95 Stone Ridge was the highest priced sale for the year at the popular condo community!)
Why 2015 may be a good year for sales at Stone Ridge condos
2015 is beginning on a bright note in the US because of the convergence of three highly positive economic trends that may bode well for real estate in the coming year. The national economy is experiencing strong growth. Energy prices are falling, led by a 50% decline in the price of oil. And interest rates look to remain near historic lows, at least until midyear. These beneficial developments should cause the Massachusetts real estate market to prosper in 2015. We may see another year of price gains at Stone Ridge in Franklin, Massachusetts! You can learn more about this well-regarded condominium community in Franklin later on in this post.
Download the complete 2014 Stone Ridge market report
Follow the link to download the complete 2014 Stone Ridge market report. It shows all sales at Stone Ridge in 2014 with lots of photos and facts! Or you can tap (or click) the image below to access the report.
There’s a lot to like about Stone Ridge
Stone Ridge is one of Franklin’s foremost non-age restricted condominium communities. Anyone of any age can live in these attractive townhomes! With a highly commuter friendly location near the Forge Park commuter rail station and I-495, Stone Ridge also enjoys superb access to shopping and restaurants. It offers a nice pool facility and is near walking trails and a beautiful YMCA.
Here are some videos on Stone Ridge that will help acquaint you with this condo community:
Buying or selling in 2015?
Interest rates may be on the rise by midyear, so it may pay to make your move earlier rather than later in 2015.
If you’re thinking of selling your condo, some simple steps you can take before you put your home on the market can make a big difference in how well you do. Contact Warren to get expert advice on your best home-selling strategies. To find out what your property is really worth, get your free, no-obligation Home Value Report from Warren!
If you are in the market for a home in Massachusetts, Franklin is a great choice! It has wonderful schools, superb recreational resources, many fine neighborhoods and plentiful shopping in town and near by. Commuting to work from Franklin is made a whole lot easier by Franklin’s two commuter rail stations. Contact Warren for help buying a home in Franklin, MA!
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