Current 11/7/2017: Overall there are fewer single-family houses for sale in Sudbury than last year at this time - 52 compared with 63, however, there are two price ranges with more inventory available: $700k to $799,900 – 10 up from 6 last year; and one million to $1,499,999 – 22 for sale up from 16.
List prices in Sudbury range from $525,000 to $2,675,000. The median price of $1,099,500, up from $975,000 last year. The average prices of $1,138,419 is lower than last year. See homes for sale in Sudbury.
Pending Sales: There are currently 27 properties with sales pending and 10 with accepted offers with contingencies waiting to clear.
Price Adjustments: In any market houses that are not priced correctly will not sell. To that end, there have been 15 price changes during the past month and 110 during the past 12 months. Correct pricing is the most important part of marketing your home. All the beautiful photos and website postings will not sell a house that is not positioned correctly for the current market.
Closed Sales October: There were 8 closed sales of single-family homes in Sudbury during October 2017 compared with 21 in October 2016. Generally fewer sales and less inventory would result in higher prices, however, the median price of $607,500 in October 2017 was less than the previous October when it was $652,000.
Y-T-D Through 10/31 (single-family homes): The chart above shows activity for the past 12 months in Sudbury. Click here to see the full report.
5 Year Data: If you purchased your single-family home in Sudbury during the past five years, you will want to see how the market has changed since your bought. Click here to see the report.
Condominiums: There are currently no condominiums for sale in Sudbury making this the perfect time to list your condominium in Sudbury for sale, especially if you have a townhouse at one of the over-55 developments. I get lots of calls from people who would love to live at Springhouse Pond, Mohoney Farms, etc. There one sale pending, and there were no closed sales in October. Click here to see the full year over year report as of 10/31 for condominiums in Sudbury.
5-year data: The chart below shows data for condominiums in Sudbury including new construction, townhouses, and apartment styles. Contact me for additional information about condos in Sudbury.
Your home’s value: while statistics are helpful, the real estate market changes every day and the price your neighbor’s house sold last year may not be what buyers are willing to pay today. Positioning your property correctly for the current market is key to getting the highest price in the shortest amount of time. Contact me to talk about how to best position and market your house for the highest price in the least amount of time.
With its country charm, top-rated schools, a variety of classic home styles and luxury properties, open space, shopping, places for casual and fine dining, rich history, and recreation opportunities for people of all ages, Sudbury continues to attract buyers who are looking for a quality life-style in a convenient location.
See all of the houses for sale iin Sudbury or call 508-596-3501 for additional information about buying and selling houses in Sudbury and the towns west of Boston.
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