Tuesday, April 07, 2015

Hot Housing News in Sudbury!


Hot Housing Market!
When we hear the media reports about cold weather and low inventory being the reasons for slow home sales in March, they are clearly not talking about the Sudbury real estate market where record-breaking snow and cold did not deter buyers and sellers!

Here are the facts about Sudbury housing market:
  • 43 single-family homes came on the market in March compared with just twenty-five during March 2014. Although, overall inventory levels continued to be similar to last year.
  • The number of houses with pending sales was almost double - 33 sales pending up from 17 during the previous March.
  • There 12 closed sales - twice the number in March 2014; reflecting the buying decisions that were made during the previous couple of months.
  • Current inventory for single-family house for sale in Sudbury on 4/6/2014 is exactly the same as on 4/6/2014.
  • The price-range with the most opportunities is one-million to $1,499,999; there are 19, last year there were 18. 
  • Time on the market for houses current for sale is 122 days compared with 183 days last year at this time. Days on market vary by price range and some sellers may be ready to make a deal to get moving.
  • Median prices for sold, pending, and current listing are all higher than last year.
  • Current list prices in Sudbury range from $360,000 to $2,499,999; the median list price is $962,000.
  • The median sold price in March 2015 was $769,000; up from $699,000 in March 2014.
With it's country charm, top-rated schools, a variety of classic and updated housing styles, open space, shopping, places for casual and fine dining, rich history, and recreation for all ages, Sudbury continues to attract buyers who are looking for a quality town in a convenient location.

Marilyn Messenger CRS ABR GRI - Broker with Andrew Mitchell & CompanySee all of the houses for sale at www.marilynmessenger.com or call 508-596-3501 for additional information about buying and selling houses in Sudbury and the towns west of Boston.






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