Current 6/18/2018: There are substantially fewer homes for sale in Wayland than there were last year at this time. Currently, there are 24 single-family homes for sale in Wayland compared with 46 last year, which was lower than the previous year! List prices in Wayland range from $500,000 to $2,519,500; the median list price is $1,325,000; last year the median list price in Wayland was $1,249,000. Luxury home buyers have the most options in Wayland. Many of the properties listed for over $1,000,000 have been on the market for more than 6 months and it is likely that these home-sellers are ready to negotiate. See homes for sale in Wayland.
Condominiums: The supply of condominiums in Wayland is also extremely low; only six for sale. Many homeowners in the area are ready to move to an easier life-style and are anxiously waiting for more condominiums to come on the market. If you own a condo and would like to sell; this is an excellent time to profit and move-on.
Pending Sales: There are currently 34 single-family homes that have sales pending; and 8 that have accepted offers and are being shown for backup until contingencies clear. There are also 7 condominiums in Wayland with sales pending, and 2 with accepted offers being shown for backup.
Q1 Sales: There were 26 single-family closed sales in Wayland during the first three months of 2018; one more than in Q1 2017. The median sale price of $729,215 was a 26.82% increase over the median price for the same period last year.
Year-to-Date Sales: There have been 64 closed sales of single-family properties in Wayland YTD in Wayland. The median sale price was $794,500; up from $672,500 last year. There have also been 16 condominiums sales this year, the same number as last year for the same period. However, the 2018 median sale price Y-T-D of $750,500 is higher than last year’s median price of $583,000.
5 Year Data: Click here to see the 5 year report for single-family homes in Wayland.
Click here for the 5-year price report for condominiums including attached and detached townhouses, and luxury condos in Wayland.
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. Low inventory makes this an excellent time to put your house on the market and capitalize on the pent-up demand. Contact me to talk about how to best position and market your house for the highest price in the least amount of time.
Check out the Local Market Reports page for links to reports for Wayland, Sudbury, Concord, Stow, and Maynard as well as the latest update from the Institute of Luxury Homes Marketing.
See all of the houses for sale in Wayland or call 508-596-3501 for additional information about buying and selling houses in Wayland and the towns west of Boston.
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