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Wayland MA 01778
Local Market Conditions 2/8/2010
Here is what's going on in the residential real estate market in Wayland MA. Currently there are 60 single family homes for sale compared with 65 last year at this time. Of the sixty, six already have accepted offers and are still active for backup offers only. List prices in Wayland range from $179,000 to $4,950,000.
The median list price is $669,950, last year at this time it was $650,000. The average list price is $1,091,424 up from $948,573 last year. Average time on the market for current listings is 249 days; a year ago the average was 199 days. There are four houses with sales pending.
Year-to-date, there have been 12 closed sales; the median sale price was $515,500; the average sale price was $532,283. There were 8 closed sales for the same period in 2009; the median sale price was $525,000; the average was $535,000. While median and average prices are helpful information, the market value of any property depends on supply and demand which can vary greatly so it is important to look at your specific market when determining the list price that will attract the highest number of buyers.
For anyone looking for easy living, there are excellent opportunities in Wayland. There are 27 condominiums on the market compared with 21 at this time last year. Prices range from $269,000 to $1,150,000; the median price is $549,000 and the average is $597,219. Interest rates are historically low; the expanded home buyer tax credit includes $6,500 for most current home owners and it's not just for move -up buyers; you can move down or move sideways as long as the price of the new property does not exceed $800,000. You can find additional information about the tax credit at www.marilynmessenger.com.
To find out about opportunities in Wayland call 508-596-3501 or visit http://www.marilynmessenger.comfor complete MLS home searches, daily listing alerts, news and information to help plan your move.
Source: MLSPIN
ZIP Code: 01778
Location Characteristics: With its great location, sought-after schools, and country charm, it's no surprise that Wayland ranked #2 out of 147 MA towns and cities in Boston Magazines April edition of Best Places to Live/Best Bang for the Buck, comparing cost of living to quality of life. Just 18 miles west of Boston. This residential community features quaint, winding roads graced by some of the most beautiful houses and landscaped gardens in the state. Convenient to the Massachusetts Turnpike, Wayland is a popular choice with commuters to Boston or those employed along the high technology corridor.
A strong community spirit, careful zoning and planning, a progressive government, and a commitment to preserving the town's country atmosphere are all responsible for Wayland's quality of life. Small shopping centers meet daily retail needs, although larger malls are close to home.
Public schools have an outstanding reputation as a quality system with a strong college preparatory program. A natural wildlife preserve set along the Sudbury River and Lake Cochituate provide a scenic backdrop for many outdoor activities such as swimming, fishing, canoeing, and sailing. Other amenities include golf courses, playing fields, tennis courts, cross-country ski trails, and the National Wildlife Refuge along the Sudbury River.
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About Marilyn Messenger, CRS:
"Marilyn exemplifies what every real estate agent should be. She was professional, thoughtful and tough when she needed to be. I would not have made it through if Marilyn was not at the helm. I cannot recommend her highly enough" - Jessica
"Marilyn went beyond the call of duty...All the 'i's were dotted and the 't's were crossed in a very professional manner. You are fortunate to have her on your staff" - Alice
…Thanks so much for all you did to help us through the process of buying our first home...[Marilyn] made the process easier than we ever thought possible." -- Matt & Julie
Marilyn Messenger is a licensed broker with RE/MAX Landmark in Wayland MA and a member on the RE/MAX International Executive Club for outstanding sales in 2009. She has been representing buyers and sellers of residential real estate west of Boston since 1993.
A firm believer in education, Marilyn has earned the following REALTOR designations: CRS - Certified Residential Specialist - only 3.5% of Realtors nationally have completed the requirements for CRS; ABR - Accredited Buyers Representative; SRES - Senior Real Estate Specialist; RECS - Real Estate Cyberspace Society members are dedicated to using the latest technology to benefit their clients. She is also a member of the MA and National Association of Realtors.
Marilyn serves on the Masschusetts CRS Chapter as director of communications and was the recipient of the 2009 MA Chapter President's award for her outstanding leadership and contributions. Dedicated to community service, Marilyn has served on a local planning board and is now chairs the ZBA.
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