Tuesday, May 17, 2016

Condominium Market in Maynard Getting Stronger

18-5 Deer Path - Under Agreement

After many years of slow sales, the market for condominiums, and especially townhouses in Maynard has improved substantially this year! Year-to-date, there have been 14 condos, including 2 apartment style and 12 townhouses, sold compared with 9 for the same period in 2015. Sale prices for townhouses in Maynard YTD range from $145,000 for apartment style condominiums to $399,900 for new construction townhouses.

Current listings: There are currently 10 condominiums for sale in Maynard; five are higher priced new construction townhouses. The other five are in the established townhouse communities of Deer Hedge Run, Oak Ridge, and Apple Ridge. See condominiums for sale in Maynard and nearby towns.

Under Contract (Accepted Offers and Sales Pending): There are 7 condominiums with offers accepted waiting for contingencies and 9 sales pending. Several of the townhouses that are under contract had accepted offers within just a few days. Demand is strong from first time buyers and down-sizers. Condominiums can be a great way to own a home without having to be concerned about exterior maintenance and townhouses often have more space and amenities than single family homes for the same price.

Coming Soon: Deer Hedge Run townhouse with 2100+ square feet of living space spread over 4 finished levels that include a finished loft with fireplace, and a full finished walkout lower-level with a slider, laundry room, and full bath with a stall shower. The open floor offers flexibility for entertaining and everyday living. Beautiful yard and private wooded views. And, just a few steps to the pool, tennis courts, fitness room, and community guest parking. Call 508-596-3501 for details.
About the author: Marilyn Messenger, a real estate broker, Certified Residential Specialist, and Accredited Buyer Representative associated with Andrew Mitchell and Company in Concord,  has been selling townhouses in Maynard, Sudbury, Concord, Wayland, and the towns west of Boston since 1993. As a townhouse owner and resident and former board of trustees member, she knows first-hand about condominium living. Contact Marilyn if you are thinking about buying or selling a condominium.

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