Houses for sale & Real Estate in Shrewsbury MA

Shrewsbury, Massachusetts, is experiencing a robust and competitive real estate market, with significant price appreciation and a tight inventory of houses for sale in Shrewsbury MA. Here’s an updated overview of the current market conditions and key considerations for buyers:

Market Overview

The Shrewsbury housing market is very competitive, with homes receiving an average of 9 offers and selling in around 18 days. The median sale price of a home in Shrewsbury was $711,000 in April 2024, representing a substantial 31.7% increase compared to the previous year. This significant price appreciation highlights the strength of the seller’s market.

Price Appreciation

Shrewsbury has seen remarkable price appreciation in recent years:
– The median sale price per square foot in Shrewsbury is $332, up 8.5% since last year.
– Over the past decade, Shrewsbury’s annual appreciation rate has averaged 6.05%, tracking near the national average.
– In the last 12 months, Shrewsbury’s appreciation rate was 7.82%, outperforming 84.09% of cities and towns nationwide.

This consistent appreciation makes Shrewsbury an attractive market for both homeowners and real estate investors seeking homes in Shrewsbury MA.

 

Homes for Sale

As of April 2024, there were 94 houses in Shrewsbury MA for sale, a 9.3% increase from the previous month. The inventory breakdown by bedroom count is as follows:
– 1 Bedroom: 3 homes – 2 Bedrooms: 17 homes – 3 Bedrooms: 25 homes
– 4 Bedrooms: 34 homes – 5+ Bedrooms: 15 homes

Despite the slight increase in inventory, demand continues to outpace supply. New homes for sale in Shrewsbury MA are particularly sought after, offering modern amenities and energy efficiency.

Homes For Sale In Shrewsbury

Benefit of Buying a House in Shrewsbury

Shrewsbury offers numerous benefits for homebuyers, including:

  • Quality of Life: A welcoming community, excellent public schools, and access to parks and recreational facilities.

  • Convenience: Proximity to major highways and commuter rail services to Boston and Worcester.

  • Strong Market Appreciation: Consistent growth in home values makes Shrewsbury a sound investment.

  • Variety of Options: From historic homes to new homes for sale in Shrewsbury MA, there’s something for every buyer.

Benefits for Investors

Shrewsbury’s real estate market provides exciting opportunities for investors. Key advantages include:

  • High Rental Demand: Strong demand for rental properties, driven by excellent schools and proximity to major employment hubs.

  • Property Appreciation: Consistent growth in property values ensures long-term investment returns.

  • Diverse Investment Opportunities: Choose from single-family homes, townhouses, and houses for sale near Shrewsbury.

Best Realtors in Shrewsbury

Navigating the competitive Shrewsbury market requires expertise. Working with a trusted Shrewsbury MA realtor offers:

  • Local Knowledge: Insights into neighborhoods, schools, and market trends.

  • Effective Negotiation: Strategies to secure the best deals in a fast-moving market.

  • Comprehensive Support: Guidance through every step of the buying process.

At Key Prime Realty, we’re committed to being your partner in finding the perfect house for sale Shrewsbury or investment property.

Shrewsbury MA Real Estate Market Report

Real Estate Agents in Shrewsbury MA

At Key Prime Realty, we offer unmatched expertise in houses for sale in Shrewsbury MA. Here’s why you should work with us:

  • Proven Expertise: Years of experience in the Shrewsbury market.

  • Tailored Solutions: Personalized services to match your unique needs.

  • Market Knowledge: In-depth insights into local trends and opportunities.

  • Comprehensive Support: From identifying the perfect house for sale Shrewsbury to closing the deal, we’re with you every step of the way.

Let Key Prime Realty help you navigate the vibrant Shrewsbury real estate market and find your dream home. Contact us today!

Single Family

For inquiries contact:

Call Us
781-790-4440

Mail Us:
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Corporate Headquarters
30 Eastbrook Rd, Dedham, MA 02026, USA.

FAQ Section

What is the average price of houses for sale in Shrewsbury MA?

The median sale price is $711,000, reflecting strong appreciation in the market.

How competitive is the housing market in Shrewsbury?

The market is very competitive, with homes receiving an average of 9 offers and selling in around 18 days.

Are there new homes for sale in Shrewsbury MA?

Yes, several new constructions are available, offering modern amenities and energy-efficient designs.

What types of homes are available in Shrewsbury?

Shrewsbury offers a mix of single-family homes, historic properties, and houses for sale near Shrewsbury.

Why should I work with a Shrewsbury MA realtor?

A local realtor provides invaluable market insights, negotiation expertise, and personalized support to help you secure the best deal.

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