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Single Family Homes: Spring market has started early in Wayland and home buyers are recognizing that this is a great time to buy. Although there are 84 single family homes for sale in Wayland compared with 57 last year at this time, 14 already have accepted offers that are being shown for backup offers only. Pending sales are also high for this early in the season; there are currently 22 single family home with sales pending.
Prices for single family properties in Wayland range from $244,900 to $14,900,000. The median price is $779,000; lower than last year when it was $826,500. The average list price is $1,152,814 only a few dollars less than last year. The average list price for properties with offers accepted is $753,407 and $674,559 for sales pending. Offers accepted are the most recent activity.
Closed Sales: There have been 23 closed sales in January and February 2012, up substantially from 9 for the first 2 months of 2011 however, sale prices are similar. The median sale price was $470,000, the average was $503,739. The median sale prices for January and February 2011 was $466,000; the average was $504,800. The average time on the market was 181 days, 20 days longer than last year.
The average sale price to the original list price ratio was 89%. The average sale price to adjusted list price ratio was 93%, proving that asking a higher price does not yield a higher sale price.
Condominiums/Townhouses: There are 33 condominiums/townhouses for sale in Wayland; last year there were 30. However, as with single family homes, many of the active listings already have accepted offers. List prices range for townhouses in Wayland range from $299,900 for a 1 bedroom townhouse to $1,100,000 for a 3200+ square foot luxury unit at “The Meadows.”
New construction townhomes are selling especially well in Wayland. There are 3 one-level garden style age restricted condos for sale ranging from $299,000 to $340,000. There were 7 condominiums sold in Jan/Feb in Wayland, only one more than last year. The median and average sale prices were both higher than last year.
Luxury Homes: As in most towns in the area, the luxury homes market in Wayland still has the best opportunities for buyers. There 26 properties listed in Wayland for over $1 million. Some of these properties have been on the market for a year or more so there are deals to be made!
Data source: MLSPIN (Multiple Listing Service Property Information Network.
Visit http://www.MarilynMessenger.com for the latest market reports for Wayland, Sudbury, Maynard, Stow, and Acton Massachusetts. "Like" our real estate and community page on Facebook - http://www.facebook.com/livingwestofboston.
Showing posts with label Maynard MA Real Estate. Show all posts
Showing posts with label Maynard MA Real Estate. Show all posts
Tuesday, March 13, 2012
Saturday, April 30, 2011
How's the Sudbury Real Estate Market?
While that may sound discouraging for sellers and give buyers the idea that they can take their time and then make low offers, March and April have been substantially more active and there are 26 single family homes with offers accepted and 17 with sales pending. Sellers who priced their properties to position themselves in the marketplace as "good deals" or as Jordan's Furniture calls it "under-pricing", are getting offers pretty quickly. Others who want to use the price to show that their house is "better" are staying on longer.
Current list prices for single family homes range from $174,000 to $2,795,000; the median price is $849,900; last year at this time it was $876,750. The average list price is $965,531 compared with $1,020,914. The average time on the market is 168 days, last year at this time it was 176 days.
After this past winter, it's no wonder that a lot of people are thinking about owning a condominium. There are currently 25 luxury townhouses for sale in Sudbury with prices ranging from $459,900 to $699,000. Recent activity shows there are 5 with accepted offers and 4 with sales pending. First quarter sales for townhouses in Sudbury up slightly from first quarter last year; median and average prices were also higher.
If you are thinking about renting a property in Sudbury, there are only 5 available. Rents in Sudbury range from $1400 per month for a 2 bedroom, 1 bath unit, to $7,000 per month for an 18 room luxury home. When adding up the cost of a first, last, and one month security deposit plus the rental agent's fee, buying may be a better option.
Interest rates are still the lowest in decades, so it's a great time for buyers and sellers to make a move. Visit http://www.marilynmessenger.com/ for the latest local market condition reports for Sudbury, Wayland, Weston, Maynard and Stow MA, complete MLS home search, news and information to help you plan your next move.
Sunday, January 09, 2011
Wayland Real Estate Market Report - 2010 Home Sales Up
Happy New Year and welcome to the first 2011 real estate market conditions report for Wayland MA.
Although, up from 50 last year at this time, the number of single family homes on the market in Wayland remains low at just 55 for sale. $900,000 to $999,999 is the price range with the highest increase in inventory - there are 8 homes for sale up from 3 last year at this time; so good opportunities for buyers in that range. Current activity shows that 2 of the properties already have accepted offers and are being shown until contingencies clear. Additionally, there are 10 single family properties with sales pending.
The average time on the market for current listings is 254 days; last year it was 299. However, buyers consider homes that have been on the market for more than six months either to be over-priced or stale or both; those who have been looking for a while are ready to jump on new offerings that are fresh and priced realistically. Anyone thinking about selling, this is a good time to get your house on the market while there is little competition.
List prices in Wayland range from $179,000 to $4,795,000. The median list price is $784,000; last year at this time it was $677,450. The average list price is $1,099,023 compared with $1,203,864 last year.
The number of single family homes sold in Wayland for all of 2010 was approximately 4% higher than in 2009. There were 133 compared to 129. Sale prices ranged from $135,000 to $3,910,000. Both median and average sale prices were also higher. The median was $565,000, up $30,000 from the 2009 median. The average was $629,815, up from $585,245 in 2009. Sales of luxury homes almost doubled in 2010 - there were 11 homes sold for over 1 million dollars compared with six in 2009. Luxury home buyers saw good values and made their move.
On a monthly basis, December sales were lower than last year; 7 compared to 12; the median sale prices was higher at $625,000; the average sale prices was $555,929, just under $4,000 less than the average in December 2009.
While median and average prices are helpful information, the market value of any property depends on the supply and demand which can vary greatly for each price range. It is important to understand your specific market when determining the list price that will attract the highest number of buyers; or if you are a buyer trying to determine what you are willing to pay.
For anyone looking for easy living, there are still excellent opportunities in Wayland, however, fewer than last year at this time. There are 23 condominiums, including duplex and townhouse styles with prices ranging from $399,000 to $985,000. Of the 23 active listings there are 2 condominiums with offers accepted waiting for contingencies to clear. There are 4 condos with sales pending. Closed sales of condominiums in Wayland were also up in 2010 - 25 compared to 21 in 2009; and both median and average sale prices were also up. The 2010 median price was $485,000; the average was $639,980.
Data source: MLSPIN (Multiple Listing Service Property Information Network.
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Although, up from 50 last year at this time, the number of single family homes on the market in Wayland remains low at just 55 for sale. $900,000 to $999,999 is the price range with the highest increase in inventory - there are 8 homes for sale up from 3 last year at this time; so good opportunities for buyers in that range. Current activity shows that 2 of the properties already have accepted offers and are being shown until contingencies clear. Additionally, there are 10 single family properties with sales pending.
The average time on the market for current listings is 254 days; last year it was 299. However, buyers consider homes that have been on the market for more than six months either to be over-priced or stale or both; those who have been looking for a while are ready to jump on new offerings that are fresh and priced realistically. Anyone thinking about selling, this is a good time to get your house on the market while there is little competition.
List prices in Wayland range from $179,000 to $4,795,000. The median list price is $784,000; last year at this time it was $677,450. The average list price is $1,099,023 compared with $1,203,864 last year.
The number of single family homes sold in Wayland for all of 2010 was approximately 4% higher than in 2009. There were 133 compared to 129. Sale prices ranged from $135,000 to $3,910,000. Both median and average sale prices were also higher. The median was $565,000, up $30,000 from the 2009 median. The average was $629,815, up from $585,245 in 2009. Sales of luxury homes almost doubled in 2010 - there were 11 homes sold for over 1 million dollars compared with six in 2009. Luxury home buyers saw good values and made their move.
On a monthly basis, December sales were lower than last year; 7 compared to 12; the median sale prices was higher at $625,000; the average sale prices was $555,929, just under $4,000 less than the average in December 2009.
While median and average prices are helpful information, the market value of any property depends on the supply and demand which can vary greatly for each price range. It is important to understand your specific market when determining the list price that will attract the highest number of buyers; or if you are a buyer trying to determine what you are willing to pay.
For anyone looking for easy living, there are still excellent opportunities in Wayland, however, fewer than last year at this time. There are 23 condominiums, including duplex and townhouse styles with prices ranging from $399,000 to $985,000. Of the 23 active listings there are 2 condominiums with offers accepted waiting for contingencies to clear. There are 4 condos with sales pending. Closed sales of condominiums in Wayland were also up in 2010 - 25 compared to 21 in 2009; and both median and average sale prices were also up. The 2010 median price was $485,000; the average was $639,980.
Data source: MLSPIN (Multiple Listing Service Property Information Network.
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Wednesday, February 10, 2010
Sudbury MA - Fewer Homes in Most Price Ranges
Welcome to the Sudbury MA Market conditions report for February 2010.
The overall supply of single family homes for sale in Sudbury remains low; only 96 homes, up slightly from last year at this time when there were 88. The increase is in two price ranges: $600,000 - $699,900 and $1,000,000 - $1,499,900; all other price ranges have fewer houses available.
Current list prices in Sudbury range from $174,000 for a tear-down to $3,195,000 for a thirteen room estate on private 5+ acres. Three-bedroom homes range from $289,900 to $699,900; four-bedrooms range from $369,500 to $1,999,900. Five-bedroom homes range start at $995,000 with the exception of an Antique home needing rehab that is listed for $299,900.
The median list price is $959,000, up from $939,450; the average is $1,112,842, down from $1,175,526.
Although year-to-date closed sales are down from one year ago, activity is picking up. 11 of the homes listed have accepted offers. And there are fourteen homes with sales pending.
Whether you're a first time buyer, or a current homeowner thinking about moving up, moving down, or moving sideways to easier living, this is a great time to do it! Interest rates are still low, the $8,000 first time buyer credit has been extended; and, there is a $6,500 credit for many existing home owners. The deadline for a Purchase and Sale agreement is April 30 and the property must close June 30. Go to www.marilynmessenger.com or contact your tax accountant to find out if you qualify.
Visit http://www.marilynmessenger.com/ for the latest local market condition reports for Sudbury, Wayland, Weston, Maynard and Stow MA, complete MLS home search, news and information to help you plan your next move. To get market information for any other town e-mail marilynmessenger@realtor.com.
Data Source: MLSPIN (Multiple Listing Service Property Information Network)
The overall supply of single family homes for sale in Sudbury remains low; only 96 homes, up slightly from last year at this time when there were 88. The increase is in two price ranges: $600,000 - $699,900 and $1,000,000 - $1,499,900; all other price ranges have fewer houses available.
Current list prices in Sudbury range from $174,000 for a tear-down to $3,195,000 for a thirteen room estate on private 5+ acres. Three-bedroom homes range from $289,900 to $699,900; four-bedrooms range from $369,500 to $1,999,900. Five-bedroom homes range start at $995,000 with the exception of an Antique home needing rehab that is listed for $299,900.
The median list price is $959,000, up from $939,450; the average is $1,112,842, down from $1,175,526.
Although year-to-date closed sales are down from one year ago, activity is picking up. 11 of the homes listed have accepted offers. And there are fourteen homes with sales pending.
Whether you're a first time buyer, or a current homeowner thinking about moving up, moving down, or moving sideways to easier living, this is a great time to do it! Interest rates are still low, the $8,000 first time buyer credit has been extended; and, there is a $6,500 credit for many existing home owners. The deadline for a Purchase and Sale agreement is April 30 and the property must close June 30. Go to www.marilynmessenger.com or contact your tax accountant to find out if you qualify.
Visit http://www.marilynmessenger.com/ for the latest local market condition reports for Sudbury, Wayland, Weston, Maynard and Stow MA, complete MLS home search, news and information to help you plan your next move. To get market information for any other town e-mail marilynmessenger@realtor.com.
Data Source: MLSPIN (Multiple Listing Service Property Information Network)
Thursday, February 14, 2008
Home Buyer Etiquette
Buying a home is an emotional experience that can bring out the best and the worst in people. Even people who are generally considerate sometimes forget how to behave when they are looking for a house. After-all it’s not something people do every day, it’s a big purchase and it’s at least a little scary for most people. Sometimes, when there’s more than one person involved they may not agree, the kids are cranky from driving around, and everyone is concerned about making the right decision. All of these stress factors can cause people to act in ways they never would otherwise.
Now that market is getting busy and everyone is running around looking at houses, here are a few things to keep in mind while you're out there...hope it's helpful.. let me know if you have something to add.
1. Always remember that houses belong to someone even when they are on the market. Owners have a right to know who is asking about their home – wouldn’t you want to know? When you contact a real estate agent or call an office be prepared to give some basic information – name, address, phone number, and whether or not you are pre-approved for a mortgage.
2. If you are not pre-approved for a mortgage, don’t be offended if an agent won’t show you a house. Instead, ask who you can contact to get pre-approved. It’s a waste of everyone’s time and agents have a responsibility to show homes only to qualified buyers. If you’re not ready to get pre-approved, then you’re not ready to look at houses!
3. If you go to an open house be prepared to sign-in and give correct information...more
Now that market is getting busy and everyone is running around looking at houses, here are a few things to keep in mind while you're out there...hope it's helpful.. let me know if you have something to add.
1. Always remember that houses belong to someone even when they are on the market. Owners have a right to know who is asking about their home – wouldn’t you want to know? When you contact a real estate agent or call an office be prepared to give some basic information – name, address, phone number, and whether or not you are pre-approved for a mortgage.
2. If you are not pre-approved for a mortgage, don’t be offended if an agent won’t show you a house. Instead, ask who you can contact to get pre-approved. It’s a waste of everyone’s time and agents have a responsibility to show homes only to qualified buyers. If you’re not ready to get pre-approved, then you’re not ready to look at houses!
3. If you go to an open house be prepared to sign-in and give correct information...more
Saturday, February 09, 2008
Maynard Real Estate - Open House 2/10 - Win Bahamas Trip!
7 Taft Ave, Maynard MAOpen House - Sunday 2/10 1 to 3 P.M.
Enter to Win a trip to the Bahamas
Rare find! 4 car garage, 1/2 acre lot, 4 bedrooms, cul-de-sac with river views - lots of recent improvements... stop by, enter to win!Listed by Marilyn Messenger, William Raveis Real Estate, Mortgage & Insurance - Sudbury, Wayland, Weston, Maynard, Stow, Hudson and west of Boston MA.
Monday, November 12, 2007
Real Estate - Wayland (MA) Market Looking Up!
Here are the current market conditions for Wayland Massachusetts: Good news for home-owners in Wayland -- the number of homes sold for the 3-months ending 11/05 is up from the same period last year – 45 sold up from 38. Both the median and average sale price was up ... more...
Get the latest market reports for Wayland, Sudbury, Maynard, Weston, and Hudson MA at http://www.marilynmessenger.com/. Get everything you need from a local area expert to start planning you next move.
Get the latest market reports for Wayland, Sudbury, Maynard, Weston, and Hudson MA at http://www.marilynmessenger.com/. Get everything you need from a local area expert to start planning you next move.
Friday, May 11, 2007
Real Estate Market Conditions - Mayard MA
Here are the current real estate market conditions in Maynard Massachusetts: Compared with last year at this time, the number of homes for sale in Maynard is up; median and averages list price are down, and time on the market is up. All of which is good news for people looking for home-ownership opportunities west of Boston.
Currently, there are 52 single-family homes for sale, up from 46 one year ago. List prices range from $240,000 for a 2 bedroom, 1 bath Colonial style home that needs TLC, to $569,900 for a 9 room, 4 bedroom, 2.5 bath Colonial on a cul-de-sac. The median and average list price is almost the same. $379,000 is the median; $379,733 is the average. Last year at this time, the median list price was $389,900; the average list price was $387,291.
Even with lower asking prices, homes in Maynard are staying on the market more than twice as long as one year ago – 101 days vs. 47, indicating that prices may not have adjusted enough for buyers to step up. We’ve all been hearing about how the sub-prime mortgage market is affecting the overall market especially first-time home buyers with small down-payments. While Maynard has excellent opportunities for this segment of the home-buyers, the tighter mortgage market is starting to take its toll.
Maynard also has some excellent condo/townhouse opportunities including the established communities at Deer Hedge Run, Apple Ridge and Oak Ridge where list prices range from $279,900 to $319,000. As is the case with single-family homes, there are more available 31 vs. 27 last year and market time is up substantially to 169 days from 104 on 5/10/06. However, both median and average list prices are up. Sellers need to adjust their thinking if they want to sell.
Often referred to as ‘the Harvard Square of metrowest” Maynard has lots to offer. With diverse home-styles and settings as well as an active downtown with shops, restaurants, a movie theatre, community theatre, space for artisans, a new library, and a country club there's something just about everyone in Maynard.
To find out what homes are available in Maynard and the nearby towns west of Boston, visit www.marilynmessenger.com your on-line source for real estate listings, news and information or call Marilyn Messenger at 508-596-3501 for personal real estate services.
*Data source; MLSPIN (Multiple Listing Service
Currently, there are 52 single-family homes for sale, up from 46 one year ago. List prices range from $240,000 for a 2 bedroom, 1 bath Colonial style home that needs TLC, to $569,900 for a 9 room, 4 bedroom, 2.5 bath Colonial on a cul-de-sac. The median and average list price is almost the same. $379,000 is the median; $379,733 is the average. Last year at this time, the median list price was $389,900; the average list price was $387,291.
Even with lower asking prices, homes in Maynard are staying on the market more than twice as long as one year ago – 101 days vs. 47, indicating that prices may not have adjusted enough for buyers to step up. We’ve all been hearing about how the sub-prime mortgage market is affecting the overall market especially first-time home buyers with small down-payments. While Maynard has excellent opportunities for this segment of the home-buyers, the tighter mortgage market is starting to take its toll.
Maynard also has some excellent condo/townhouse opportunities including the established communities at Deer Hedge Run, Apple Ridge and Oak Ridge where list prices range from $279,900 to $319,000. As is the case with single-family homes, there are more available 31 vs. 27 last year and market time is up substantially to 169 days from 104 on 5/10/06. However, both median and average list prices are up. Sellers need to adjust their thinking if they want to sell.
Often referred to as ‘the Harvard Square of metrowest” Maynard has lots to offer. With diverse home-styles and settings as well as an active downtown with shops, restaurants, a movie theatre, community theatre, space for artisans, a new library, and a country club there's something just about everyone in Maynard.
To find out what homes are available in Maynard and the nearby towns west of Boston, visit www.marilynmessenger.com your on-line source for real estate listings, news and information or call Marilyn Messenger at 508-596-3501 for personal real estate services.
*Data source; MLSPIN (Multiple Listing Service
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