Click here for the latest report from the Greater Boston Association of Realtors. including data for condominiums in Sudbury.
Single-Family Homes: Both the number of single-family
homes sold and the median sale price during February were higher in Sudbury
than in previous years. Year to date (as of 2/28) there have been 25 closed
sales for single-family homes in Sudbury - a 47.1% increase over the same
period last year.
Current 4/2/13 - The number of homes for sale has
dropped by 40% since last year - there are 84 single-family homes for sale and of
those, 18 already have accepted offers. Last year on 4/2 there were 141 for sale. Current list prices range from $269,900 to $3,495,000.The median list price is $889,000 compared with $769,000 last year.
Overall, there is a 4 month supply of single-family homes
for sale compared with 8 months last year. Supply varies by price. Luxury
property buyers still have many excellent options in Sudbury. There are
currently 23 estate homes for sale between $1,000,000 and $1,499,999 and only 2
have - this is an almost 9 month supply. There are 8 listings between 1.5
million and $999,999.
Condominiums (townhouse and garden apartment style) -
Contrary to the single-family market, the supply of condominiums has increased
by 100% - there are 32 for sale compared with 16 last year, however, of the 32,
14 already have accepted offers. The increase is mostly due to the new
construction townhouses at Landham Crossing, Mahoney Farms, and Grouse Hill.
There are also 3 resale townhouses at Springhouse Pond, 2 of which have accepted
offers and are being shown for backup. List prices for condos in Sudbury range
from $230,000 for an apartment-style at Northwoods, to $825,000. The median
price is $687,450.
While condo living is easier and really tempting after all
the snow this winter, it is different than owning your own single-family home.
There are many things to consider. If you are considering a condo, including
new construction, know that you are entitled to have your own buyer agent
/broker represent you. If you want someone on your side, and who wouldn't, contact
me before you visit the site; visiting the site first could cost you.
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