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Sudbury Market Report

Current 9/6/2017:  There are more single-family homes for sale in Sudbury than there were last year on 9/6; 65 compared with 56 so it follows that the median list price would be less than last year. The median list price in Sudbury is currently $1,149,00; last year at this time it was $1,177,000.

Luxury Properties: Luxury home buyers continue to have the most opportunities in Sudbury. The price range with the highest number of properties for sale continues to be the one million to 1.5 million range; there are 26 homes for sale and the average time on the market for these properties is 214 days. There are 8 between 1.5 and 1.999 million, and 4 properties listed for 2 million-plus. The increased number of luxury properties for sale, the market is putting buyers in a good position; sellers who are serious about moving on are most likely ready to make a deal! See homes for sale in Sudbury.

Pending Sales: There are currently (on 9/11) 17 properties with sales pending and 3 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 16 price adjustments/reductions on 15 properties during the past month. The average reduction was -5.13%. 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 priced correctly!

Closed Sales August:  The number of closed sales of single-family homes in Sudbury and the median sale price were both up in August 2017 from August 2016. There were 40 closed sales with the median prices of $747,500 in August 2017 compared with 32 sales in August 2016 with the median sale price of $727,250.     

  Sudbury - Single-family 12 month activity 8/31/2017                     

Y-T-D Through 8/31 (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.

Sudbury Median Price 5 years 8-31-2017

Condominiums 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.

Sudbury - Median Price - Condos 9-11-2017

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
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Check out the Local Market Reports page for links to reports for Wayland, Concord, Maynard, and Stow.as well as the latest update from the Institute of Luxury Homes Marketing.

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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Marilyn Messenger, REALTOR
CRS®, ABR®, GRI®,CLHMS, Broker
Direct: 508-596-3501
MarilynMessenger@realtor.com
 
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Recommendations for Marilyn Messenger

Marilyn sold our townhouse in one day. We had four offers and several overing asking. We were able to do this with Marilyn's thorough and thoughtful consultation and guidance. She knew exactly what would sell our home. We met initially in early Fall and prepared a plan to be the first on the market in the Spring. Marilyn stayed in constant communication and pinged us when we needed to take action. She made the selling process as painless as possible with maximum results. We were also able to buy our next home through Marilyn. We turned in our keys for our townhome and got the keys to our new home the very next day. Coordination was flawless. Overall, Marilyn has a keen eye, superior attention to details, a great sense of the market, and excellent communication skills. We would definitely recommend her as an agent. Beverly T.
We were so pleased to have worked with Marilyn for a second time! Marilyn helped us to buy our first home in Sudbury 10 years ago and when we were ready to sell it, we called her again. The process of buying and selling can be overwhelming, but Marilyn helped us to sort through it all. She is a master at organization and coordination of the many parties involved in this process. She was on top of all of the details so that nothing fell through the cracks. There were multiple offers on the house we ended up buying and on our house when we sold it, and Marilyn was invaluable in helping us to navigate through those negotiations. Following her advice, we had an accepted offer on our house in just 3 days! We would definitely recommend Marilyn! J. Jackson
Marilyn has superior knowledge of the market and was a terrific communicator with us. She guided us through all of the potential pitfalls and gave great advice on how to proceed through the process. JJ Thorp - Deer Hedge Run
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