Wednesday, February 25, 2015

Sudbury Real Estate - Pendings Sales Up 100% in January

The median single-family home sale price in Sudbury has exceeded the 2007 median*

While the national media is reporting that sales and prices dropped in January in many places, the Sudbury market for single-family homes got off to a strong start in 2015. Pending sales increased 100% over January 2014. And, both the number of homes sold and the median sale price was us substantially over the previous January. Closed sales were up 87.5% and the median sale price of $681,000 was up 21.9% over January 2014.

Meanwhile, the number of single-family houses for sale in Sudbury remains low at just 41; exactly the same number as last year at this time. The sweet spot for homes buyers is the $1,000,000 to $1,499,999 price range. If you are a buyer looking for a luxury property, there are 14 properties for sale in that range and you may be surprised at how much you can get for your money compared with Concord, Weston or Wayland. The average time on the market for these luxury homes is 241 days and some of these home sellers are likely to be ready to consider offers. See all of the homes for sale in Sudbury.

There are also 14 condominiums for sale in Sudbury including a resale townhouse at Springhouse Pond.

Click here to see the full market report for condominiums and single-family houses Sudbury.








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Marilyn Messenger CRS ABR GRI - Broker with Andrew Mitchell & CompanyAbout the author: Marilyn Messenger, a Certified Residential Specialist and Accredited Buyer Representative associated with Andrew Mitchell and Company, has been representing home buyers and sellers in Wayland and the towns west of Boston including Sudbury, Concord, Maynard, Stow MA since 1993. Her clients appreciate her area knowledge, attention to detail, negotiation and communication skills. MORE... Contact Marilyn at marilynmessenger@realtor.com or 508-596-3501.



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