Wednesday, May 12, 2010

Maynard Home Sales Market Report - April Sales & Prices Up!

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Welcome to the Maynard MA Real Estate Market Conditions report for May 2010.

There are currently 43 single-family homes on the market in Maynard compared with 34 at this time last year; 7 of the 43 listings already have accepted offers waiting for contingencies to clear. There are also 16 homes with sales pending.

The median list price for a single family home in Maynard is $299,000, just about the same as last year at this time; the average list price is $315,146, approximately $3,000 less than last year; . The average list price for the homes with offers accepted is $335,000; the average list price for sales pending is $308,655.

The average time on the market for current listings is 100 days compared with 122 days on 5/12/2009.

Closed single family home sales in April 2010 were up from April 2009; 11 compared with 7. Median and average sale prices were also up. The median sale price was $364,900; the average was $350,221. The median sale price during April 2009 was $276,500; the average was $265,914.

For anyone looking for easy living, there are there are 19 condominiums/townhouses available in Maynard; last year at this time there were 25. Prices range from $99,900 for apartment style condos to $339,900 for new townhouses. Prices at the established townhouse developments of Apple Ridge, Oak Ridge, and Deer Hedge Run range from $245,000 to $279,900.

Year to date as of 5/11, both the number of single-family homes sold and sale prices were up over the same period in 2009. The median sale price was $295,000 and the average was $317,126; the 2009 median was $275,000 and the average was $266,674.

Maynard offers more affordable housing options for buyers than the surrounding towns of Sudbury, Acton, Concord, and Stow, and the town has lots of activities and amenities including an active downtown with a variety of specialty shops and restaurants, a movie theatre, live arts, music, and theatre.

Data Source - MLSPIN (Multiple Listing Service Property Information Network.)

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