Sudbury MA - Better News for Buyers than Sellers

Welcome to the Sudbury MA real estate market update.

Better news for buyers than sellers in Sudbury. Overall inventory is up from last year at this time - 149 current listings compared with 125 last year; so it's not surprising that time on the market is up also - 170 days vs. 156 last year. However, there are fewer homes available - between $500K and $700K; and from $900K to $999,900. Recent activity shows there are 21 single-family homes with accepted offers and 20 with sales pending.

Current prices for single-family houses in Sudbury range from $269,900 to $3,700,000. The median list price is $895,000 up from $845,000 on 7/13/08; the list average price is $895,000 up from $1,049,552 last year. Two bedroom homes start at $199,000; three bedroom homes start at $269,900 and four bedroom homes start at $430,000. Opportunities abound in the luxury home market with 31 homes for sale between $1,000,000 and $1,499,999.The number of closed sales for June was down from June 2008 as were median and average sale prices; 23 sold vs. 33 in June 2008; the June 2009 median sale price was $612,500 vs. $685,000; the average MORE

Rich in history, Sudbury has continues to offer a unique quality of life for it's residents. Find out more at http://www.marilynmessenger.com/

"Then followed that beautiful season...filled was the air with a dreamy and magical light; and the landscape Lay as if new-created in all the freshness of childhood." Henry Wadsworth Longfellow

Sudbury is located approximately 20 miles west of Boston. Visitors and residents enjoy this picture pretty New England town's rich history, natural beautify and quality of life.

Thinking about moving to Sudbury? Visit http://www.marilynmessenger.com/ to learn more about Sudbury, view all the homes on the market in Sudbury and the nearby towns of Wayland, Maynard, Stow, Acton, and find information to help plan your next move.

Wayland Real Estate: April and May Sale Prices Down; List Prices Up

Welcome to the market conditions report for Wayland MA. The number of single family homes for sale in Wayland is up slightly from last year at this time - 103 compared to 99. The price range with the greatest increase is the $300,000 to $349,900 - 9 available compared to only 3 last year so there are some good opportunities for first time buyers who may not think they can afford Wayland. The price range with the largest decrease is $500,000 to $599,999 - 16 down from 25 last year.

Current prices in Wayland range from $199,000 to $6,500,000. The median list price is $649,000 up from $599,000; the average list price is $897,792 up... MORE


Visit MarilynMessenger.com for the most up to date market condition reports for Wayland, Sudbury, Weston, Maynard, and Stow MA. Complete MLS listings with addresses, maps, solds; news and information to help plan your next move.

Sudbury MA - Spring Market in Bloom!

Spring-time in Sudbury (MA) is especially gorgeous; and the spring housing market is in full bloom! Recent activity shows there are 21 single-family homes with accepted offers and 22 with sales pending. Closed sales since April 1st are also up; as are median and averages sale prices. Although overall inventory is up from last year at this time, a closer look shows that the number of homes for sale in Sudbury compared with one year ago varies by price-range and in most ranges, there are fewer choices.

Current prices for single-family houses in Sudbury range from $269,900 to $3,700,000. The median list price is $879,900 up from $839,000 last year on this day; the list average price is $879,900 up from $839,000 last year. Three bedroom homes start at $269,900 and four bedroom homes start at $449,000; so there are opportunities for first time buyers.

There have been 15 closed sales since April 1st up from 11 for the same period in 2008. Both the median and average sale price is up from last year: the median sale price was $610,000; the average was $887,078. Last year the median for 4/1 – 5/20 was $590,000; the average was $625,000. Note that the average sale price is so much higher because there was one sale for $3,010,000. The median price is a more accurate indicator of the market in Sudbury. Of course, every house does not increase in value by the same amount; that is determined by location, condition, and size.

Visit www.MarilynMessenger.com for the latest local market condition reports for Sudbury, Wayland, Weston, Maynard and Stow MA, complete MLS home search, news and information to help you plan your next move. To get market information for any other town e-mail marilynmessenger@realtor.com

Data source: MLSPIN (Multiple Listing Service Property Information Network.)

Young and unplugged - The Boston Globe

Young and unplugged - The Boston Globe

Posted using ShareThis

Sudbury (MA) Real Estate - Market Conditions Mixed

Market conditions are mixed in Sudbury MA, as they are in many towns west of Boston. While the number of sales has fallen year-to-date, sale prices are up and there are substantial accepted offers and sales pending; and the level of inventory depends on the price range. Here are what the stats look like:

There were only 4 single-family closed sales in Sudbury during March 2009 compared with 6 in March 2008. The median sale price was $479,450; the average was $493,225 - both higher than last year, but still lower than most people would expect in Sudbury where there are so many higher priced homes for sale.

Year to date, the number of closed sales are down from the same period in 2008 - 25 compared with 31; the median sale price was higher - $643,000 up from $510,000; the average sale price was also higher - $731,372 up from $623,970. Activity is getting stronger – as of 4/20/09 there were 20 single-family homes with offers accepted, and 10 with sales pending.

Including the 20 homes with accepted offers, there are 134 single-family homes for sale; last year at this time there were 115. The median list price is $862,500; the average is $1,122,248; both up approximately 50K from last year. The gap between closed sale prices and list prices continues to widen despite the fact that inventory is up. Higher inventory generally means lower prices so it’s important for sellers to understand current market conditions in Sudbury and position their properties appropriately in they really plan to sell.

The price ranges with the largest increase from last year are: $1,000,000 to $1,499,999 -25 up from 16; 2 million to $2,4999,999 – 8 up from 1; and 700k to $799,999 – up 33% from 10 to 15. The price ranges with fewer single-family homes for sale are: 450K to $499,999 – 6 down from 10; 600K to $699,999 – 9 down from 14; 800k to $899,999 – 8 compared with 13 last year.


Visit www.MarilynMessenger.com for the latest local market condition reports for Sudbury, Wayland, Weston, Maynard and Stow MA, complete MLS home search, news and information to help you plan your next move. Market information for any other town e-mail marilynmessenger@realtor.com

Data source: MLSPIN (Multiple Listing Service Property Information Network.)

2009 First Time Buyers Outlook from RE/MAX New England

Click here to read the latest report from RE/MAX New England:

2009 New England First Time Buyers Outlook.

Whether or not you are a first time buyer, this report affects your property. First time buyers drive the market, they enable sellers to move on. As demand increases and supply falls, eventually prices will stabilize and rise again.

Get the lastest market condition reports for Sudbury, Maynard, Wayland, Weston, and Stow MA at www.marilynmessenger.com or contact me anytime for information about any town or property in Massachusetts.