Real Estate Market Improving in Sudbury, Wayland...west of Boston MA

Despite the national news headlines, sales of single-family homes are up and inventory is down in a number of towns west of Boston. Year-to-date sales in Sudbury MA, approximately 22 miles west of Boston, the number of homes sold is up 16.5% while inventory for single-family homes has decreased 22% from one year ago.

In Wayland MA, approx. 11 miles west of Boston, year-to-date sales has increased 34% and current inventory is down by 25%. Year-to-date sales are up and inventory levels have fallen in Weston and Arlington too!

Investor markets are also very activie - I just sold a 2-family in Watertown in 13 days - multiple offers, all below asking, but none-the-less, there is a demand for investment properties that are priced right. Multiple offers let the seller know he was selling at market-rate and that is the only price at which a property can sell.

Sellers, it's all about price - in any market homes that are priced correctly and are perceived as having good value are selling and those that are priced unrealistically are sitting. Buyers, it's still a buyers market is many areas, but you need to understand the market you're in - don't miss out because of the headlines - read the details - have a local professional advise you based on local information.

Click here to find the latest market conditions for Sudbury, Wayland, Weston, Hudson, and Maynard.