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Friday, August 21, 2015

Wayland: June Sales & Prices Up | Makeover Opportunity $475K

Wayland Real Estate Market Report


For Sale is Wayland - Makeover Opportunity
1.17 acre lot near Happy Hollow School
Current - Single Family Homes:  There are currently 63 single-family homes for sale in Wayland. List prices in Wayland range from $279,900 to $6,900,000. The median list price of $918,000 is lower than last year at this time when it was $1,009,500.

Luxury home-buyers continue to have the most opportunities in Wayland. There are 11 luxury properties on the market listed between $1,000,000 and $1,499,999 and 11 between $1.5 million and $1,999,999. The average time of the market for many of these homes exceeds six months; sellers may be ready to make a deal! See homes for sale in Wayland.


Pending Sales: 30 single family homes went pending during June; up 172.7% in June over last year. Year-to-date pending sales through 6/30 in Wayland were up 47% over the same period in 2014.

Closed Sales: There were 27 closed single-family home sales in June, up from 23 in June2014. The median sale price of $765,000; 8.5% higher than the median sale price of $705,000 in June 2014. Year-to-date through 6/30 there have been 78 closed sales compared with 59 for the same period in 2014; up 32.2%. The median sale price for the first six months of 2015 was $699,125; up 3% over the same period in 2014.
                 
Condominiums: 2 condominiums, including new construction townhouses, went pending in Wayland during June 2015, exactly the same number as the previous June. There were 7 closed sales in June, up 75% from June 2014. Year-to-date through 6/30 there were 14 closed condominium sales in Wayland; -17.6% from the first 6 months of 2014. The median sale price for the period was $714,008, up 9.8% from the 2014.  See condominiums for sale in Wayland and some of the nearby towns west of Boston.


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Boston Agent Magazine -
The Cost of Pricing: How Technology, Psychology and Timing Impact Listing Value - See more at: http://bostonagentmagazine.com/the-cost-of-pricing-how-technology-psychology-and-timing-impact-listing-value/#sthash.XOPV6e89.qbJM285L.dpuf
The Cost of Pricing: How Technology, Psychology and Timing Impact Listing Value - See more at: http://bostonagentmagazine.com/the-cost-of-pricing-how-technology-psychology-and-timing-impact-listing-value/#sthash.XOPV6e89.qbJM285L.dpuf
Marilyn Messenger CRS ABR GRI - Broker with Andrew Mitchell & Company

Monday, August 03, 2015

Sudbury Real Estate - Happy Home Buyers and Sellers!

Happy Home Buyers Closed in June - Pine Lakes Sudbury

Lots of happy home buyers and sellers in Sudbury during June! There were 38 closed sales of single-family homes in June 2015 up from 29 in June 2014; a 31% increase. The median sale price of $678,500 was approximately 2.8% higher than the median sale price of $666,000 in June 2014.

Single-family home sales for the second quarter and for the first half of 2015 were also up! There were 67 single family homes sold during the second quarter - up 13.5% from Q2 2014; and 102 sold for the first half of 2015 - up from 78 for the same period in 2014; an increase of approximately 30%.

Condominium sales were also up from last year mostly as a result of more new construction townhouses on the market. There were 7 closed sales of condominiums in Sudbury during June, up from 4 in June 2014. The median sale price was $702,516 compared with $634,500 in June 2014.

Currently there are 74 single-family properties for sale in Sudbury. List prices range from $369,9000 to $3,450,000. The median list price is $894,000; the median list price on 8-3-2014 was $896,500. The price range with the most homes for sale continues to be one million to $1,499,999; there are 24 properties for sale. Luxury home buyers have many excellent choices in Sudbury with the average days on the market for that price range at 138 days some sellers may be motivated to make a deal! See homes for sale in Sudbury.

There are currently 22 single-family homes with sales pending and 23 that have accepted offers and are still "active" until contingencies are fulfilled.

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For additional information about the Sudbury market or to get information about the potential market value of your home contact Marilyn at marilynmessenger@realtor.com.


Marilyn Messenger CRS ABR GRI - Broker with Andrew Mitchell & Company

Marilyn Messenger CRS ABR GRI - Broker with Andrew Mitchell & Company





Wednesday, July 22, 2015

Hilltop Townhouse in Maynard | Short Sale $232,000


Hilltop Townhouse at Oak Ridge - 4 Finished Levels - Privacy, Views

If you have been looking for a great opportunity to buy a townhouse, check out this short sale listing at Oak Ridge in Maynard for a spacious 4-level townhouse with 2 bedrooms and 2.5 baths, central air-conditioning, fireplace, and parking for 2 cars, privacy, views, and a community pool that has just been listed for $232,000! It is an easy location for commuting on Route 117 to Waltham/Route 128 or west to Route 495 or the commuter rail in Acton, West Concord, or Lincoln. Minutes to Maynard center shops, restaurants, movies, arts, farmers’ market; parks, hiking trails, and of course, everyone’s summer favorite Erickson’s Ice Cream! Everything you need for comfort and convenience at an affordable price.
While it is always difficult for a homeowner to make the decision to go forward the short sale process, for many people it is their best option for being able to move on, and having these properties come to market can be a great opportunity for a buyer who is not on a tight deadline for moving. Other than time, patience, and some extra paperwork, buying a short sale is really no different than buying any other property. A qualified short sale buyer can have a mortgage and a home inspection contingency, although don’t expect a seller who is underwater to make repairs, and if it’s a condominium you will be able to your attorney review the condo documents and do your due diligence.
For additional information or to schedule an appointment for a viewing contact Marilyn Messenger.
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About the author: Marilyn Messenger, is a licensed real estate broker associated with Andrew Mitchell and Company, Concord and has been representing buyers and sellers in Wayland, Sudbury, and the towns west of Boston since 1993.
She is a certified short sale representative (SFR) and has a successful track record closing on short sale listings. Additionally, she holds the Certified Residential Specialist (CRS) and an Accredited Buyer Representative designations.
Marilyn Messenger CRS ABR GRI - Broker with Andrew Mitchell & Company           -------------------------------------------------------------
"Marilyn handled the short sale of my home in Wayland, MA. She did a great job with our property & had it under agreement in the blink of an eye. As with all short sales, the bank makes it difficult for everyone involved. However, Marilyn kept the buyers and the sellers up to date at every turn and she even handled all signing of documents electronically which made life so much easier, especially seeing as I was living out of state. She also had to deal with both myself and my ex, we are very much estranged, and she was even able to navigate those difficult waters with ease. She faced many challenges in handling the sale of this property and she overcame each one easily and with great professionalism. I wouldn't hesitate to recommend Marilyn to anyone looking for a buyers or sellers agent!!" Kimberly Bellavance, Wayland   


Sunday, July 12, 2015

Do You Like to Share? How About a Condo?



        
Would You Like To Share A Pool?

While living in a condominium is a great lifestyle for a lot of people who want the benefits of home-ownership without a lot of the work, it is important to understand that a condominium is a shared form of ownership. The condominium form of ownership can apply to an apartment-style, townhouse, duplex, or detached single-family home. Condominiums are also common for  business uses including office condos and even retail space. 

Regardless of the condo style you decide to buy, you need to be willing to go along with some rules and restrictions, and possibly having to pay for some amenities, repairs, or improvements that benefit the community but maybe not each individual owner. 

Here is a link to a recent blog post on LinkedIn that talks about some of the things you need to consider if you are thinking about buying a condominium or a single-family home in a community with a home-owner association (HOA).
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Contact Marilyn Messenger for additional information about condominiums and visit www.marilynmessenger.com to search for condominiums Wayland, Sudbury, Maynard, and the towns west of Boston.







Thursday, May 28, 2015

Sudbury MA - Good News for Home-buyers: Homes for Sale Up 40%


Homes for Sale in Sudbury
While the media continues to report about low inventory resulting in fewer sales, the number of single-family houses for sale in Sudbury MA has increased approximated 40% over last year at this time. There are currently 90 single-family homes for sale in Sudbury compared with 64 last year at this time.
Prices for current listings on the market range from $425,000 to $3,750,000. The median list price of $899,450 is lower than last year at this time when the median list price was $922,450.
Luxury home-buyers continue to have the most opportunities in Sudbury.

There are 29 single-family homes on the market listed between $1,000,000 and $1,499,999, and 9 between $1.5 million and $3,750,000. The average time of the market for many of these homes exceeds fourth months; sellers may be ready to make a deal! See all of the properties for sale at www.marilynmessenger.com.

Pending sales are also up from last year at this time. There are currently 47 with sales pending including 34 that have accepted offers and are being shown for backup.
There were 17 closed sales in April; only one more than in April 2014. The median sale price of $640,000 was 3% lower than the median sale price in April 2014. Year-to-date there have been 52 closed sales compared with 36 for the same period in 2014. The Y-T-D (through 4/30) median sale price is $632,500, up 5.6% from the same period in 2014.
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"We were so pleased to have worked with Marilyn for a second time! Marilyn helped us to buy our first home in Sudbury 10 years ago and when we were ready to sell it, we called her again. The process of buying and selling can be overwhelming, but Marilyn helped us to sort through it all. She is a master at organization and coordination of the many parties involved in this process. She was on top of all of the details so that nothing fell through the cracks. There were multiple offers on the house we ended up buying and on our house when we sold it, and Marilyn was invaluable...MORE...  Contact Marilyn

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