Wayland Real Estate Market - Inventory & Sale Prices Continue to Decline

Inventory continues to decline Wayland MA. Currently there are 73 single family homes for sale compared with 93 last month; and 104 last year at this time. Current prices in Wayland range from $159,000 to $5,795,000. The median list price is $649,000 down from $689,000 last year at this time; the average list price is $1,045,913 up from $957,938 last year. Average time on the market for current listings is 192 days; a year ago the average was 154 days.


Two bedroom homes (there are only 2 on the market) in Wayland start at $319,000; there are 16 three-bedroom homes starting at $329,000; there are 41 with four bedrooms starting at $369,900; and there are 16 five bedroom homes.

Recent activity includes 16 single family homes with sales pending and 9 have accepted offers with contingencies waiting to clear.

There were 10 sales during October; one less that in October 2008. Both median and average sale prices were lower: the median was $425,250; the average was $493,775 compared with the October 2008 median sale price of $451,000 the average of $525,364. On the plus side, it took less than half as long for homes to sell - the average time on the market for closed sales in October 2009 was 78 days compared 169 for the previous year.

For anyone looking for easy living in Wayland there are 24 condominiums on the market compared with only 16 last year at this time. Condominium prices range from $294,000 to $1,150,000 and average time on the market is 246 days. Year-to-date, there have been 21 closed sales. The median sale price was $435,000; the average sale price was $481,000 and it took an average of 197 days to sell. Condominium buyers certainly have some good opportunities Wayland - don't be afraid to make an offer - a good buyer agent will negotiate on your behalf.

To find out about opportunities in Wayland call 508-596-3501 or visit www.marilynmessenger.com for complete MLS home searches, daily listing alerts, news and information to help plan your move.

Source: MLSPIN

Stow MA Real Estate - Prices Edge Up As Inventory Declines

There are currently 43 single family homes for sale in Stow. Seven of the 43 already have accepted offers waiting for contingencies to clear. Last year at this time there were 46 listings. Both median and average list prices are up from last year at this time. The median is $599,900 compared with $509,000 last year; the average is $581,128 compared with $556,951.


Current list prices for single-family homes in Stow range from $218,975 to $1,095,000; 3 bedroom homes start at $218,975; 4 bedroom homes start at $299,000; and new homes with 1,900 square feet start at $539,900.


Year to date, there have been 45 closed sales; the median sale price was $460,000; the average was $486,296. The price range with the most sales was $600,000 to $699,900 - there were 10 sold. There were 7 closed sales during September 2009. The median sale price was $470,000; the average was $483,479.


Low interest rates are good for buyers, however, fewer choices give sellers a bit of an edge and will eventually put upward pressure on price. For now, I would say were still a ways from being a balanced market since most buyers look at more than one town and are likely to find areas where there are more homes available. In any case, don't believe the headlines - all real estate is local and especially in Massachusetts conditions can vary greatly from town to town, and often it's right down to the particular price range.


To find out about available homes in Stow MA, visit www.marilynmessenger.com where you'll find complete MLS listings with addresses and maps, along with local market information and news.


Source: MLSPIN

Trick or Treat in Downtown Maynard

Trick or treaters had a great time in downtown Maynard last evening - check out these photos from my photographer friend Dave Griffin:

David+Griffin+Photography+%C2%BB+Maynard+Downtown+Trick+or+Treat

Maynard is conveniently located approximately 22 miles NW of Boston, next to Concord, Sudbury, Acton, and Stow. A small town with a population of ust over 10,500 people, Maynard offers a diverse housing stock with some of the most affordable prices in the area; an active downtown; open space; and easy access to Routes 2 and 117. If you haven't been to Maynard lately, come see what you're missing! If you're thinking about moving check our http://www.marilynmessenger.com/ where you'll find MLS listings, news and information about Maynard and the towns west of Boston.

Local housing numbers show market on the mend - Daily Business Update - The Boston Globe

Local housing numbers show market on the mend - Daily Business Update - The Boston Globe

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Sudbury (MA) Real Estate - Local Real Estate Market Information for Buyers & Sellers

Sudbury (MA) Real Estate - Local Real Estate Market Information for Buyers & Sellers

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Marilyn Messenger's Real Estate Update

Here is the link to my Real Estate Update Newsletter: Marilyn Messenger's Real Estate Update.

This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.

This month's issue includes: "Home Buyer's Tax Credit Changes Possible";
"Don't Let An Over-priced Home Be a Humbling Lesson";
"Job-hunting Strategies For Trailing Spouses"; "Home Staging Helps Bring Top Dollar Sale";
"How to Stay on Top of Mortgage Payments During a Short-Term Financial Crisis";

Plus a roundup of September real estate activity as well as much more advice and information.

I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!

Is Condo Living For You?

Is Condo Living For You?

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