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There are fewer single family homes for sale in Wayland MA than there were last year at this time - 97 compared to 106. Current prices in Wayland range from $199,000 to $6,500,000. The median list price is $650,000 down from $734,450; the average list price is $1,003,792 up from $945,872 last year. Average time on the market for current listings is 186 days; 16 days longer than the average time last year. Recent activity includes 19 single family homes with sales pending and 11 have accepted offers with contingencies waiting to clear.
More homes sold during July compared with July 2008 - 16 closed sales compared with 13; and both median and average sale prices were up: the median sale prices was $587,500 and the average was $701,360. The average time on the market was 103 days. During the three months ending 8/17/09 there were 38 closed sales; there were 42 for the same period in 2008; the median sale price was $582,000; the average was $670,901.
For anyone looking for easy living, Wayland there are 28 condominiums on the market compared with only 19 last year at this time. Condominium prices range from $294,000 to $1,150,000 and average time on the market is 235 days. Year-to-date, there have been 10 closed sales; and there are 7 sales pending. Condominium buyers certainly have some good opportunities Wayland - don't be afraid to make an offer - a good buyer agent will negotiate on your behalf.
To find out about opportunities in Wayland call 508-596-3501 or visit www.marilynmessenger.com for complete MLS home searches, daily listing alerts, news and information to help plan your move.
Data Source: MLSPIN 8/18/2009
Welcome to the Sudbury MA real estate market update. 
The news for buyers continues to be better than for sellers in Sudbury. Overall inventory is up from last year at this time - 136 current listings compared with 115 last year; the median list price is the same; the average list price is slightly higher; and the average number of days on the market is just about the same. However the $900K to $999,900 has fewer homes available - only 5 compared with 11 last year at this time. Recent activity shows there are 16 single-family homes with accepted offers and 16 with sales pending.
Current prices for single-family houses in Sudbury range from $259,900 to $3,700,000. The median list price is $879,400; the list average price is $1,117,545. Opportunities abound in the luxury home market with 44 homes for sale between one million and two million dollars. The number of closed sales for July was down from July 2008 as were median and average sale prices; 20 sold vs. 32 in June 2008; the June 2009 median sale price was $481,750 vs. $640,750; the average was also down - $620,643 from $755,727. The average time on the market was 147 days - just about the same as July 2008.
Given the increase in the number of homes on the market and the decrease in the number of homes sold, sellers need to rethink their pricing strategies if they want to move on. If not, perhaps they should MORE
Get the latest market condition reports for Sudbury, Wayland, Weston, Maynard and Stow at www.marilynmessenger.com - complete MLS home searches with addresses & maps; news and information to help you plan your next move.
Welcome to the market conditions report for Wayland MA. The number of single family homes for sale in Wayland is down from last year at this time - 105 compared to 109. Current prices in Wayland range from $199,000 to $6,500,000. The median list price is $649,000 down from $699,000; the average list price is $957,847 up from $880,917 last year. Average time on the market for current listings is 183 days; 12 days longer than the average time last year.
Recent activity includes 18 single family homes with sales pending and 6 have accepted offers with contingencies waiting to clear.
Fewer homes sold during June compared with June 2008 - only 12 closed sales compared with 17; however, median and average sale prices were up a bit: the median sale prices was $630,000 and the average was $762,408. The average time on the market was 119 days.
During the first six months of 2009 there were 47 closed sales, just about the same as for the first half of 2008; the median sale price was $510,000; the average was $615,182 - both higher than in 2008, but not significantly.
For anyone looking for easy living, Wayland there are 29 condominiums on the market up from 28 last year at this time. Condominium prices range from $294,000 to $1,150,000 and average time on the market is 200 days. Year-to-date, there have been 6 closed sales; and there are 6 sales pending. Condominium buyers certainly have some good opportunities Wayland!
To find out about opportunities in Wayland call 508-596-3501 or visit www.marilynmessenger.com for complete MLS home searches, daily listing alerts, news and information to help plan your move.
Data Source: MLSPIN
Welcome to the Sudbury MA real estate market update.
Better news for buyers than sellers in Sudbury. Overall inventory is up from last year at this time - 149 current listings compared with 125 last year; so it's not surprising that time on the market is up also - 170 days vs. 156 last year. However, there are fewer homes available - between $500K and $700K; and from $900K to $999,900. Recent activity shows there are 21 single-family homes with accepted offers and 20 with sales pending.
Current prices for single-family houses in Sudbury range from $269,900 to $3,700,000. The median list price is $895,000 up from $845,000 on 7/13/08; the list average price is $895,000 up from $1,049,552 last year. Two bedroom homes start at $199,000; three bedroom homes start at $269,900 and four bedroom homes start at $430,000. Opportunities abound in the luxury home market with 31 homes for sale between $1,000,000 and $1,499,999.
The number of closed sales for June was down from June 2008 as were median and average sale prices; 23 sold vs. 33 in June 2008; the June 2009 median sale price was $612,500 vs. $685,000; the average was also down - $691,370 from $742,289. Year to date sales were also down from the first six months of 2008 - 63 vs. 74; however it is worth noting that it took 18% less time to sell a home this year; and both the median and average sale price was up - y-t-d median was $612,000; the average was $697,065.
Given the increase MORE
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