Sudbury MA Real Estate Market Report 2-23-2013

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Sudbury MA - Real estate market report for single-family homes. Includes current listings data, homes sold, time on market.

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Sudbury MA Real Estate Market Report 2-23-2013

  1. 1. Sudbury MA Real Estate Market Report – February 25, 2013 Presented by Marilyn Messenger, CRS www.MarilynMessenger.comMarilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  2. 2. Market Snapshot YTDCurrent – of the 72 single-family homes for sale, 27already have an acceptedoffer.Expired Listings – theaverage time on the marketfor listings that did not sellwas 254 days.Price changes: the avg.price change was -4.73% Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  3. 3. 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.Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  4. 4. The number ofsingle-familyhomes on themarket inSudbury is28.7% less thanlast year andapprox. 40% lessthan at the peakin 2007.The number of single-family homes for salein Sudbury has dropped substantially. Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  5. 5. Closed Sales in January 2013 increasedfrom previous yearsMarilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  6. 6. The median sale price was alsohigher in January 2013Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  7. 7. Days on market forclosed sales duringJanuary 2013 rangedfrom 70 days to 546days.Days on market varyby price range.Average Days on MarketMarilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  8. 8. 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.Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com
  9. 9. 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 Messenger CRS, ABR, GRI, Realtor, Broker Connect on Google+Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com

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