Watch the slide show for Q1 data
The housing market in Sudbury made a strong comeback in the first quarter of 2013. The number of homes sold and the median price was back to peak, while the number of new listings that came on the market was historically low.
Price It Right: Homes sellers who price their houses correctly are getting offers (multiple offers in some cases) quickly; while those who were overly optomistic and went on the market too high are taking longer and we are seeing price reductions every day.
Be Prepared and Be Careful: People who are serious about buying are acting quickly, especially those who may have missed out on a home they wanted. Being prepared is more important than ever, however, it is still important to think things through and not to make costly mistakes like waiving the home inspection or offering more than you can comfortably afford.
As the spring season comes into bloom, there will be more houses coming on the market. Stay positive, learn from your experiences and have an experienced and knowledgeable buyer agent/broker on your side.
Want to know more? Call me at 508-596-3501 or visit www.marilynmessenger.com for listings, real estate information and market reports for Wayland, Sudbury, Maynard, Stow, and Acton MA