Sudbury Housing Market - Closed Sales Up!

Welcome to the Sudbury MA real estate market conditions report for July 2010.

Overall there are 143 single family homes for sale in Sudbury; 3 less than there were last year at this time. $1,000,000 to $1,499,999 is still the range with the most houses - 33 up from 30 a year ago. The price ranges with the highest increase in inventory are $700,000 to $799,999 - there are 21, up from 11 last year; and there are 15 between $600,000 and $699,999 - compared with 6 last year. The range with the largest decline is $400,000 to $499,999 - only 3 compared with 10 at this time last year.

Recent activity shows there are 19 properties with accepted offers that are still considered "active" listings and are being shown for backup offers until contingencies are met. There are 17 with sales pending.

Current list prices for single family homes range from $199,000 to $3,195,000; the median price is $849,000, down from $879,000 last year. The average list price is $1,009,924, down from $1,118,234 last year at this time. Average time on the market is 171 days; last year it was 168 days. As with inventory, time on the market varies by price ranges.

As anticipated, June was a busy month for single family closed sales in Sudbury. There were 30 compared with 24 for the previous June. The median sales price during June 2010 was $622,500; up from $613,750 in June 2009. The average was $651,113; approximately $40,000 less than last June's average. The average time on the market was 100 days compared with 130 days for closed sales in June 2009.

There were also 5 condominium/townhome sales in June 2010 compared with only 2 during June 2009. The median sale price was $540,000; the average was $497,417.

Visit www.MarilynMessenger.com for complete MLS listings with addresses & maps; the latest market conditions reports for Sudbury, Wayland, Weston, Maynard and Stow MA; news and information to help you plan your next move.

*Data source: MLSPIN (Multiple Listing Property Information Network

Weston Real Estate - Luxury Home Prices Drop!

Weston MA continues to offer lots of opportunities for luxury home buyers. The number of single family homes for sale in Weston is up from last year at this time; there are 71 homes available compared with 65 last year. Four of the homes for sale already have accepted offers with contingencies waiting to clear; and as there are 11 homes with sales pending.


Prices in Weston range from $599,000 to $24,500,000; At $1,695,000 the median list price in Weston is less than it was year at this time when it was $1,950,000; the average is $2,584,584; also lower than last year at this time when it was $2,683,872. The price range with the most homes for sale in Weston continues to be $1,000,000 to $1,499,000; there are 21 compared with 7 last year at this time.

There were 7 closed sales during December 2009; there were 4 in December 2008. The median sale price was $1,300,000, down from $1,342,4501 previous December; the average was $1,571,857, up from $1,230,075 during December 2008, and the average time it took to sell a house was up substantially - 348 days compared with 76 in December 2008.

There were 99 homes sold in Weston for the year 2009, only one more than during 2008. The median price was down by 5.8%; and the average dropped 10.6%.

To find out what homes are available in Weston call 508-596-3501 or search MLS listings, get daily listing updates, news and information at http://www.marilynmessenger.com/ 24/7.