The Sudbury Homes For Sale Market Report

On to Sudbury! Sudbury agents have been making good use of the active status flag, so this data is still skewed that way - delayed a bit. That means that although on first glance, we might see a good, but softened market, in Sudbury, that is not the case. It is still quite strong.

 

 

 

As we've noted elsewhere, look at the declines in inventory - down about 50% in 18 months - as buyers have appeared and sellers have stayed constant (or decreased in some towns). There are simply not enough houses to go around, and Sudbury - often a first pick for those in Metrowest - has been very active this year, so I expect we'll see price increases in the next report.

Find Your Next Home or Check out the Competition!

Sudbury has been completely depleted of lender owned and foreclosed property, putting further pressure on prices, and an encouraging sign that we are closer to the end of the real estate mess than the beginning. We still have several hurdles to go - the rise in interest rates (they won't stay at 4 forever, you know), the reduction in public or semi- public capital (Fannie and Freddie will see reductions in their holdings that banks will have to fill.) But this is a good start, no mistake.

 

 

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

 

  • There are 89 homes listed as For Sale in Sudbury.
  • There have been 118 houses sold in the last 6 months, and 68 homes sold in the last 3 months.
  • The Average number of Days on Market was 155 days for just SOLD homes.

    Warm weather ahead? Hope so.  Glad we avoided snow

    this weekend.  Sheesh!
  • There is an Average Market Time of 130 days of the homes For Sale (currently for sale).
  • The amount that was paid in Dollars per Square Foot averaged $229 (vs. $229 )
  • There was an Average Sold Price of $704,438 for sold homes.
  • Sudbury has 0 properties (vs. 2 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
  • Sudbury has 0 properties advertised as a short-sale (vs. 1) is going to be needed by lender .
  • Sudbury “Home Seller Index” (HSI): 88 Last Report: 100

 

 

*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).

More Great Reads!

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.

Do Good Things Today! Matt Heisler

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