Welcome, Sharon residents and potential new community members, to your May 2025 real estate market update from Zander Realty Group! As your local experts in Massachusetts, we're dedicated to providing you with clear, up-to-date insights into the Sharon residential market. Whether you're considering buying a home in Sharon or selling your home in Sharon, understanding these trends is key.
Sharon, known for its beautiful Lake Massapoag and Memorial Park Beach, offers a blend of natural beauty and community charm. These local attractions contribute to the appeal of homes for sale in Sharon.
Key Market Highlights for Sharon
The Sharon real estate market is currently experiencing a dynamic period. Here are the key details for May 2025:
- Market Type: Sharon is currently a Seller's Market. This indicates that market conditions are favorable for sellers due to high demand and limited inventory.
- Months of Inventory: There are 1.93 months of inventory available. This is a 26.89% decrease month-over-month.
- Sold to List Price %: Homes in Sharon are selling at 99.9% of their list price.
- Median Days in RPR: The median number of days a property spends on the market in RPR is 23 days. This is a 35.29% increase month-over-month.
- Median Sold Price: The median sold price in May 2025 was $867,500 , which is a 16.44% decrease month-over-month.
Understanding Property Values in Sharon
The median estimated property value in Sharon for May 2025 is $888,120. This figure shows a 1.4% increase from last month and a 4.4% increase over the last 12 months. This steady appreciation is good news for homeowners and an important factor for those looking into buying a home in Sharon.
A Closer Look at Listings and Sales
New Listings
In May 2025, the median list price for new listings was $827,500, a 3.5% decrease month-over-month. There were 24 new properties listed, a 25% decrease month-over-month. The median price per square foot for new listings was $362, up 0.6% month-over-month. The total dollar volume for new listings was $22,070,895.
Active Listings
For active listings in May 2025, the median list price was $837,500, an 11.8% decrease month-over-month. There were 24 active properties, showing a 17.2% decrease month-over-month. These properties spent a median of 23 days in RPR, a 53.3% increase month-over-month. The median price per square foot was $360. The total dollar volume for active listings was $23,215,299.
New Pending Listings
The median list price for new pending listings in May 2025 was $899,000, a 9.7% increase month-over-month. There were 29 new pending properties, a significant 141.7% increase month-over-month. These properties spent a median of 20 days in RPR, a 25% increase month-over-month. The median price per square foot was $385. The total dollar volume for new pending listings was $28,440,795.
Pending Listings
In May 2025, the median list price for all pending listings was $882,000, a 4.7% increase month-over-month. There were 34 pending properties, a 70% increase month-over-month. These properties spent a median of 27 days in RPR, a 28.6% increase month-over-month. The median price per square foot was $360. The total dollar volume for pending listings was $32,376,600.
Sold Listings
Sharon saw a median sold price of $867,500 in May 2025, a 16.4% decrease month-over-month. There were 12 properties sold, a 50% increase month-over-month. The sold to list price percentage was 99.91%. Properties sold in a median of 23 days in RPR, a 35.3% increase month-over-month. The median price per square foot for sold listings was $377. The total dollar volume for sold listings was $11,366,000, an 83.9% decrease month-over-month.
What Does This Mean for Your Real Estate Goals?
For those looking into buying a home in Sharon, the current seller's market means that competition can be high. Having a proactive and knowledgeable real estate agent from Zander Realty Group can make a significant difference in securing your dream home.
If you are considering selling your home in Sharon, the low months of inventory and strong sold-to-list price percentage indicate a favorable market. Now could be an excellent time to get top value for your property.
Our agents at Zander Realty Group are trusted local experts in Massachusetts and Rhode Island. We're here to help you navigate these market trends and achieve your real estate aspirations.
For more real estate insights like this, follow us on Instagram and Facebook @ZanderRealty, check out more blogs at ZanderRealtyGroup, or give us a call at (617) 405-3054.
