The Sudbury Homes For Sale Market Report

Oh, Sudbury, how does thee housing market fare? It fares pretty close to what I've seen throughout the fall. Tight inventories, continued buying pressure, and price pressures. Here's the chart:

 

 

 

Look at the green line (actives) and how quickly it has fallen to a new low. We're 25% below where we were last year, and last year was tight. More interestingly, the pendings are under represented here - there's even less than the meager amount shown on the chart.

We do see a interesting bit of data. The six month sale tops out at over 150, but the last 3 months (about half) are showing just 50 sales. That's a much slower pace than the late spring place from last year, and it's the primary reason that the Sudbury HSI only moved up four points. Home Buyers are still buying - slowly - but the home sellers are not coming on to the market this fall, and that is squeezing home buyers. I expect any new listings to really receive outsized attention this spring. New buyers will be coming in, and old buyers are still circulating. Should be pretty interesting, assuming we're not all under 3 feet of snow of course.

 

 

Sudbury Houses For Sale and Sold Market Statistics - Raw MLS Data

Santa is Coming.  Will he leave houses under the trees for Home Buyers in Sudbury?

 

• There are 74 homes listed as For Sale.
• There have been 152 houses sold in the last 6 months, and 54 homes sold in the last 3 months.
• The Average number of Days on Market was 120 days for just SOLD homes.
• There is an Average Market Time of 202 days of the homes For Sale (currently for sale).
• The Dollars paid per Square Foot in Sudbury is $229 (vs. $226 )
• There was an Average Sold Price of $655,232 for sold homes.
• Sudbury has 2 properties advertised (vs. 1) as lender owned/foreclosure (typically foreclosure) .
• Sudbury has 1 properties advertised (vs. 2) as a short-sale is going to be needed by lender .
• Sudbury “Home Seller Index” (HSI): 100  Last Report: 96

 

 

*All statistics are for Single Family Houses and based on data in MLS.

 

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About Matt Heisler

Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.

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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.