Sudbury Housing Market Statistics Overview
On the surface, one would think the Sudbury Market is looking better for sellers, but we go deeper in the numbers to show that is not case. Although 50 homes have left the market, we can see that most of them have left the market because the sellers have stopped selling them - not because they were bought. The fall sales numbers for Sudbury are actually terrible, having dropped almost in half since the last report. Market time is up a bit, just showing additional sluggishness. Both foreclosures and short-sales are down sharply, which is good news.
On the plus side, there are some pending sales, so it seems to me that things will improve for sellers as soon as the first of the year comes around. And with a $/sq foot of $220, sellers are still doing well in Sudbury.
Find Your Next Home or Check out the Competition!
As noted before, Sudbury remains a two-tier market. Ultra Luxury is still very competitive, with over 40% of the market crowded up above 900K. The average home in this segment is taking 8 months to sell - a much longer buying cycle than the rest of Sudbury.
Sudbury Housing Market Statistics - Raw MLS Data
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Sellers of Homes In Sudbury Saw Fewer Buyers at their Door this Fall. |
- There are 96 homes listed (vs. 141 in the last Sudbury Home Sales Report) as For Sale.
- There have been 123 houses sold (vs. 127) in the last 6 months, and 47 homes sold (vs. 82) in the last 3 months.
- There was an Average Market Time of 150 days for just SOLD homes.
- There is an Average Market Time of 195 days (vs. 161) of the homes For Sale.
- The Dollars paid per Square Foot in Sudbury is $220
- There was an Average Sold Price of $696,793 for sold homes.
- Sudbury has 1 properties (vs. 3) advertised as lender owned (typically foreclosure) .
- Sudbury has 6 properties (vs. 8) advertised as short sales required by lender .
- Sudbury “Hot Seller Index”: 76 Last Report: 76
*All statistics are for Single Family Houses and based on data in MLS.
Read my Explanation for Massachusetts Home Data Reports.
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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.
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.
