sudbury ma real estate market report 2-23-2013

Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com

Sudbury MA Real Estate Market Report – February 25, 2013Presented by Marilyn Messenger, CRS

www.MarilynMessenger.com

http://www.marilynmessenger.com/


Market Snapshot YTDCurrent – of the 72 single-family homes for sale, 27 already have an accepted offer.

Expired Listings – the average time on the market for listings that did not sell was 254 days.

Price changes: the avg. price change was -4.73%


Current List Prices List Prices in Sudbury range from $269,900 to

$2,199,000. The median list price is $919,000; the average is

$982,911. The price range with the most homes for sale is $1million

to $1,499,000 – there are 19. The price range with the fewest is $300,000 to $349,999

– there is only one for sale.


The number of single-family homes for sale in Sudbury has dropped substantially.

The number of single-family homes on the market in Sudbury is 28.7% less than last year and approx. 40% less than at the peak in 2007.


Closed Sales in January 2013 increased from previous years


The median sale price was also higher in January 2013


Average Days on Market

Days on market for closed sales during January 2013 ranged from 70 days to 546 days.

Days on market vary by price range.


Sellers – What does this mean to you?

List Now - low inventory means less competition making this a good time to go on the market.

Waiting May Cost You – if you wait you may sell for more, but you’ll also pay more for your next home.

Be Prepared – be ready to move. Get your financing in order so you can buy your next home. Have a backup plan in case you sell before you find a new home to buy.

Price It Right – correct pricing is the key to selling in any market. Even at the peak, houses that were overpriced did not sell. Consult an expert.


Thank you for viewing my Sudbury MA Real Estate Market Report.

If you are thinking about buying or selling a home in Sudbury or the towns west of Boston, please call me anytime at 508-596-3501 or visit www.marilynmessenger.com to search for homes, sign up for MLS listing updates, and get information to help you start planning your move.

Marilyn MessengerCRS, ABR, GRI, Realtor, Broker

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