Blog :: 2020

WFEE Trivia Bee tonight - come and support the Sothe-bees!

Bee lucky!! The WFEE Trivia Bee is tonight, Wednesday February 12th at Winchester Town Hall. Come down from 7pm to cheer on the Sothe-bees team of Katie TullyMariette Scheele and I-Ching Scott, who are competing against other local business teams for the trivia crown. It's all for a great cause - the Winchester Foundation for Educational Excellence (WFEE) raises funds to support students and teachers in the Winchester Public Schools. We couldn't be prouder to be their Business Partner.

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    A Decade in Review - Winchester Housing Market 2010 - 2019

    Over the past 10 years there has been a lot of change in the Winchester MA housing market.  We took some time at the beginning of the new decade to look back and review the changes since 2010.

    From 2010 - 2019 the average sales price of a single-family home has increased 62%, and the days on market is down 40%.  Homes are moving faster and selling for more.  The market has also grown - the number of homes sold increased by 22% and overall $ sales volume was up a staggering 97% in the past 10 years.

    The housing composition in Winchester has also changed.  Although the number of single-family homes has grown slightly, the biggest change has been in the number of condos in town.  There are also fewer multi-family homes in Winchester than there were in 2010 -12% fewer in fact.

    Another difference is the price range of homes in town.  In 2010, 63% of homes sold were in the $500,000 to $1m price bracket, but by 2019 50% of homes sold were priced between $1M and $2M.  And the percentage of homes sold over $2M increased from 1% in 2010 to 21% by the end of the decade.

    So the market has certainly changed, but what does that mean for you?  Let one of our experienced agents guide you through the figures and work out what it all means for your particular situation.  For well over a decade we have remained your trusted, full-service agency with experienced, ethical professionals who are ready to serve you.  Get in touch to find out the value of your home in today's market.

     

     

     

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      What's Happening in February?

      We've made it through January and so far winter has been kind to us! Who knows what weather February will bring, but it does bring a whole bunch of fun events and one extra day to enjoy them! Here are some you shouldn't miss, including a Valentine Festival in Medford, a sing-a-log in Arlington and bingo with a twist in Winchester!   

      Feb 8th - Annual Valentine Family Festival, Medford

      Feb 8th and 9th - Chocolate Festival, Lexington

      Feb 12th - WFEE Trivia Bee, Winchester 

      Feb 14th - Musical Bingo, Winchester 

      Feb 17th - 23rd - The Wizard of Oz Sing-A-Long, Arlington

      Feb 19th - 23rd - Disney on Ice, Boston

      Feb 19th - Climate and Wildlife Watch, Middlesex Fells 

      Feb 21st - 23rd - New England Home Show, Boston 

      Feb 29th - Taste of Carnival, Cambridge 

      Feb 29th - Sugaring Off Tours, Topsfield

      The milder than usual weather has sparked a surge in real estate activity, and there are already many active buyers looking for homes. If you are thinking of making a move, get in touch to find out what your home is worth today.

      Have a wonderful month!

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        Join us at the Winton Club's 100th Cabaret!

         

        The Winton Club's 100th cabaret opens soon, and tickets are selling fast.  The theme of this year's show is Uncorked, and it promises to be a fantastic evening of music and entertainment.  The cast and crew of local volunteers have been rehearsing for weeks and are pulling out all the stops for the centenary show. All proceeds from this annual event go to the Winton Club, a non-profit women's organization that exclusively supports the Winchester Hospital.  We are proud to once again be a Production Partner and support this wonderful Winchester tradition.  We hope to see you at the opening show on Tuesday January 28th - purchase your tickets now to avoid disappointment!  

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          63 North Street, Groton MA

          Imagine the possibilities!  If you are looking for space and privacy with the quality and convenience of new construction then this is the home for you.  63 North Street in Groton MA is a beautiful colonial situated on a private lot that abuts conservation land, with 4 bedrooms, 2.5 bathrooms, and a two-car garage. Built by a prominent local builder, this home, due for completion in Spring 2020, gives buyers the opportunity to custom design their own finishes.

          These photos have been virtually staged to show some of the options for furnishing and living in this home.  Using the exclusive Sotheby’s International Realty app Curate, buyers can easily see how different decor styles and arrangements would work in each room.  It allows potential buyers to truly visualize themselves in the home – make sure you download the app to your phone before touring this property.

          The first floor offers generous and thoughtfully arranged living space.  A highlight is the spacious kitchen which will feature a 7ft+ island with seating plus a breakfast area, and opens onto a large family room with stunning cathedral ceiling.  This room also has sliders leading out onto the deck overlooking the private back yard and the conservation land beyond.

          The second floor has a master bedroom with a large walk-in closet and a master bath, and 3 additional bedrooms.  There is also potential to add further finished space in the bedroom. 

          Close to the Dunstable line for good access to commuting routes, this home also benefits from the excellent schools that Groton enjoys, including schools in the popular Groton -Dunstable Public School District as well as the Nashoba Valley Technical High School and two well-renowned Prep Schools – Groton School and Lawrence Academy.  Groton is also home to over 100 miles of walking trails to explore the beautiful surroundings.

          63 North St, Groton MA is listed at $685,000 by Katie Tully.  Contact Katie to arrange your private viewing. 

           

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            December Market Snapshot

            December can be a busy month in real estate as people try to close out the year. 2019 was no exception - across almost all local towns the number of sales was up, homes continued to move quickly and sales prices increased year over year.

            In Winchester there was a huge increase in the number of homes sold compared to last December.  Prices were up and homes were spending fewer days on market.

            Arlington followed a similar pattern, with prices up, days to offer down and more properties sold than the previous year.

            Melrose also had a fast moving market, with an average of only 16 days from listing to accepted offer.  There was also a jump in the number of homes sold, although prices dipped slightly year over year.

            House prices continued to rise year over year in Medford, possibly fueled by fewer homes on the market than the previous year.

            Woburn also saw a dip in the number of listings sold compared to last December, and at the same time the days to offer and days on market shortened dramatically, perhaps because of the lack of housing stock available.

            What does all of that mean for your 2020 plans? Talk to one of our experienced agents to get a more in-depth analysis of the current market and how it affects your situation.

             

             

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              What's Happening in January?

              Sunset on Massachusetts Lake

              Hello January and Happy New Year!  Kick-start 2020 with some of these fabulous events around our towns this month.  From fells walks to free days at the zoo, magic shows and magnificent cabarets, there's a lot to keep you entertained.  Click on each name for full details.

               

              January 7th - 19th - Cats, Boston Opera House 


              January 8th - Shin Lim, Chevalier Theater Medford


              January 11th - Winter Forest Explorations at the Fells, Medford 


              January 11th - Bob the Magic Guy presents..., Regent Theatre, Arlington 


              January 11th - Black Bear Birthday Party, Stone Zoo 


              January 19th - MLK Day of Service, Winchester 


              January 20th - Free Admission on MLK Jr Day, Stone Zoo 


              January 24th - 26th - 11th Annual Taste of Chocolate Festival, Harvard Square 


              January 26th - February 2nd - Frozen Jr, Greater Boston Stage Company 


              January 28th - February 1st - The Winton Club’s 100th Cabaret 

               

              The start of a new year can mean new beginnings.  If one of your New Year's Resolutions was around house buying or selling, get in touch for a complimentary market analysis.  

               

              Enjoy the first month of this new decade!

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                Independently owned and operated for 13 years in Winchester, we are a highly collaborative office of over 20 active agents (and growing), with a dedicated Marketing Team  and Transaction Manager supporting our agents. We have strong connections with buyers and brokers within the Boston Metro North region, and also through the Sotheby's International Realty brand. We are proud to support our communities through sponsorship of events and donations to local charities, foundations, and sports teams. A percentage of every sale made through our office goes to the Winchester Foundation for Educational Excellence (WFEE).

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