Analysis of Sudbury Housing Market Statistics
Sudbury has cooled off slightly, and is not seeing the same demand as Natick and some other really hot towns. This is largely due to the larger than expected number of homes for sale. But don't read much into that, the market is pretty healthy, showing a huge jump in the average sale price, which demonstrates solid sales across all price levels of an expensive town of Metrowest. The days on market for actives is starting to get a little long - and momentum is showing softening as we head into fall - so there should be a good round of price changes coming up. As noted before, the sub 700K market in Sudbury is much stronger than the luxury and Million Plus market. Buyers need to be more aggressive with seeing and bidding on property in the lower levels in Sudbury as there is much more competition. No real change in the foreclosure or short-sale numbers.
Find Your Next Home or Check out the Competition!
Sudbury Housing Market Statistics - Raw Data
|
|
|
The Sudbury Luxury Market is picking up as we go through 2011 |
- There are 141 homes (vs. 137 in the last Sudbury Homes Sales Report) listed as For Sale.
- There have been 127 houses sold (vs. 123) in the last 6 months, and 82 homes (vs 90) sold in the last 3 months.
- There was an Average Market Time of 159 days for just SOLD homes.
- There is an Average Market Time of 161 days of the homes For Sale.
- There was an Average Sold Price of $735,284 for sold homes.
- Sudbury has 3 properties advertised (vs. 2) as lender owned (typically foreclosure) .
- Sudbury has 8 properties advertised (vs. 7) as short sales required by lender .
- Sudbury “Hot Seller Index”: 76 Last Report: 80
*All statistics are for Single Family Homes.
Read my Explanation for Massachusetts Home Data Reports.
Our Top Articles
- What is a condo fee or HOA fee and what does it pay for?
- What is a 203K loan, and can it help me fix up a home I want to buy?!
- Will Solar Panels add Value to my Home and build Equity?
- Is it a bad idea to buy a house near power lines? Is it safe to buy a house near high tension powerlines?
- I need a house cheap! Is a home foreclosure or an REO property the right way to go?
- Investors can make money on foreclosures - can you?
- What should I do if I have high levels of Arsenic in my Private Well?
Matt Heisler is a real-estate professional and owner of Heisler & Mattson Properties. He has been selling residential real-estate for over 20 years. He has given several talks on real estate, including presentations on first-time buyer tips & tricks, and profiting in real estate investing in Massachusetts. As a Vanderbilt University alumnus, he is proud to serve his local community. *All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.
