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Here is a summary of what's going on in the current residential real estate market in Wayland. Click the chart to view the complete report for Wayland including median prices by market segment, inventory, price changes. Real estate markets are fluid so it is important to have the most current information and these reports are updated daily. Positioning your property correctly for the current market is key to getting the highest price in the shortest amount of time.
5 year median sale prices for Wayland from 2015 though 2019: the median sale price for a single family house in Wayland increased to $766,000 for the first six months of 2019 from $699,125 for the same period in 2015. However, the median sale price was less than it was last year.
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. Even with fewer homes for sale and a higher median sale price, there were 66 price reductions on 44 single-family homes in Wayland for the 6 months ending on 6/30/2019. Positioning your property correctly for the current market is key to getting the highest price in the shortest amount of time. Low inventory is still giving sellers a slight advantage making this a good 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.