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Preview: Sudbury Real Estate (MA) -- Wayland, Weston, Maynard, Stow...and west of Boston Mass

Living West of Boston MA -- Wayland, Sudbury, Maynard, Stow...



Real estate news and information for buyers and sellers planning to move to or from Wayland, Sudbury, Maynard, Stow and the beautiful towns west of Boston Massachusetts.



Last Build Date: Sat, 17 Sep 2016 11:23:30 +0000

 



Concord MA Mid-Year Housing Report

Tue, 02 Aug 2016 16:14:00 +0000

There were 91 single-family properties sold in Concord during the first half of 2016; a 12.5% increase over the same period in 2015 and the median sale price of $979,000 was 1.6% higher.


 There were 25 condominiums (including garden-apartment, attached and detached town-homes) sold between January 1 and June 30, 2016; exactly the same number as in 2015. However, the 2016 median sale price of $473,000 was 24.3% less than for the same period in 2015.


See the full market report for Concord.
Click to see all of the homes for sale in Concord.

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About the author: Marilyn Messenger is a licensed real estate broker, Certified Residential Specialist (CRS) and Accredited Buyer Representative (ABR) associated with Andrew Mitchell and Company in Concord. She has been representing home sellers and buyers in Concord, Sudbury, Wayland, and the towns west of Boston since 1993. Her clients appreciate her responsiveness, attention to detail, follow-through, area knowledge, and her marketing and negotiating skills. MORE....



Condominium Market in Maynard Getting Stronger

Tue, 17 May 2016 18:54:00 +0000

18-5 Deer Path - Under AgreementAfter many years of slow sales, the market for condominiums, and especially townhouses in Maynard has improved substantially this year! Year-to-date, there have been 14 condos, including 2 apartment style and 12 townhouses, sold compared with 9 for the same period in 2015. Sale prices for townhouses in Maynard YTD range from $145,000 for apartment style condominiums to $399,900 for new construction townhouses.Current listings: There are currently 10 condominiums for sale in Maynard; five are higher priced new construction townhouses. The other five are in the established townhouse communities of Deer Hedge Run, Oak Ridge, and Apple Ridge. See condominiums for sale in Maynard and nearby towns.Under Contract (Accepted Offers and Sales Pending): There are 7 condominiums with offers accepted waiting for contingencies and 9 sales pending. Several of the townhouses that are under contract had accepted offers within just a few days. Demand is strong from first time buyers and down-sizers. Condominiums can be a great way to own a home without having to be concerned about exterior maintenance and townhouses often have more space and amenities than single family homes for the same price.Coming Soon: Deer Hedge Run townhouse with 2100+ square feet of living space spread over 4 finished levels that include a finished loft with fireplace, and a full finished walkout lower-level with a slider, laundry room, and full bath with a stall shower. The open floor offers flexibility for entertaining and everyday living. Beautiful yard and private wooded views. And, just a few steps to the pool, tennis courts, fitness room, and community guest parking. Call 508-596-3501 for details.--------------------------------About the author: Marilyn Messenger, a real estate broker, Certified Residential Specialist, and Accredited Buyer Representative associated with Andrew Mitchell and Company in Concord,  has been selling townhouses in Maynard, Sudbury, Concord, Wayland, and the towns west of Boston since 1993. As a townhouse owner and resident and former board of trustees member, she knows first-hand about condominium living. Contact Marilyn if you are thinking about buying or selling a condominium.Featured in Boston Agent MagazineSubscribe to Realty Tiimes Headlines from Marilyn  Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Wayland Home Sales Up 38.6%!

Sun, 14 Feb 2016 17:58:00 +0000

SOLD - 32 Pequot Road Wayland -WaylandHomeSales.comCurrent 2/13/2016:  There are currently 23 single-family homes for sale in Wayland. Last year at this time there were 30. List prices for current listings in Wayland range from $269,900 to $6,900,000. The median list price of $1,549,900 is higher than last year at this time when the median list price was $1,187,000. See homes for sale in Wayland.Y-T-D Pending Sales as of 2/13/2016: 23 single family homes have pending sales including 11 that have accepted offers and are waiting for contingencies to clear. The median list price for sales pending was $739,000. Actual sale prices will be available in approximately 60 days when the sales close.December Closed Sales: There were 16 closed sales in December, up from 10 in December 2014. The median sale price of $618,000; up 9.6% from December 2014. 2015 Closed Sales: There were 183 closed sales of single-family houses in Wayland during 2015; up 38.6% from 2014. The median sale price for the year was $705,000; up 3.1% from the 2014. 206 single-family houses were 252 listed in 2015 compared with 206 in 2014.  Price Adjustments/Expired Listings: Even in the most active market properties that are not priced correctly will not sell and prices must be adjusted/reduced. There were 198 price adjustments on 112 single-family properties in Wayland during 2015; the average adjustment was -8.2%. Expired Listings: There were 33 homes that were listed for sale and expired/did not sell during their listing contract period. These “expired listings” were on the market for an average of 226 days. Some of them came back on the market and are either still active or have been sold.Condominiums (including garden-apartments and townhouses): Currently, there are 12 condominium units for sale in Wayland. Prices range from $459,000 for a townhouse at Stoneridge Village, to $1,179,000 for a 12 room luxury townhouse at The Field at Mainstone. New construction townhouses at Craftsman Village start at $759,900.Buyers, you are entitled to have your own buyer agent/broker represented you when you buy new construction. You do not need to work with the builder’s agent, however, your agent must accompany you to the first showing, even if it is “just to look” or get information. If you are looking for easy living see condominiums for sale in Wayland and the nearby towns west of Boston.                                                       allowfullscreen="" frameborder="0" height="281" mozallowfullscreen="" src="https://player.vimeo.com/video/114094342?color=ffffff&byline=0&portrait=0" webkitallowfullscreen="" width="500">Five Miles Astride the River: The Story of Wayland from Pelham Island Pictures on Vimeo.------------------------------About the author: Marilyn Messenger, is a Certified Residential Specialist (CRS) and Accredited Buyer Representative (ABR), and licensed real estate broker is associated with Andrew Mitchell and Company. She has been selling residential properties in Wayland and towns west of Boston since 1993. Marilyn's knowledge and experience helps her clients accomplish their housing goals in the shortest amount of time with the least amount of stress. www.WaylandHomeSales.com Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Home Buying: The Benefits of Buyer Agency Agreements

Fri, 22 Jan 2016 14:42:00 +0000

Written Agreements Benefit Buyers Most consumers know that if they want to “hire” a real estate broker/agent to sell their home and represent their interests, they must sign a contract. Realtors® are not allowed to list a property without one. The contract clearly spells out the terms of the agreement including length of time, compensation and each party’s responsibility. While buyer agency is not a new concept – it has been legal in MA for 15+ years and a few years ago the law that governs agency relationships was updated to further ensure consumer protection, many buyers and some agents still don’t understand the benefits of a written Buyer Agency Agreement/contract.Buyers often call me to ask for help finding a home and many tell me they have had disappointing experiences with "their buyer agent." When I ask if they had a contract with the agent, they answer is almost always “no”.  Well, of course they are disappointed! How did the agent know what the buyer expected? And were the buyer's expectations realistic? The benefit of a contract is that both the buyer and the agent know what to expect and that each is accountable. The buyer knows which geographic areas the agent covers, they know how the agent is going to be compensated, and that the agent is legally obligated to act in the buyer’s best interest.Buying a home is a process not an event - there is a lot more involved than finding a picture on the internet or going to open houses to "look." Successful negotiations are based on trust, confidentiality, and mutual respect. Buyers, you are entitled to have a qualified broker/agent on your side to ensure you get the representation you deserve and a written agreement is the first step. While any agent can call themselves a buyer's agent, an ABR, Accredited Buyer's Representative has additional training and is part of a network that continues to provide education and new tools for representing buyers. Before you start looking for a house find a qualified buyer agent/broker who will listen to you and respect your needs; one who knows the market in the area, knows how to negotiate, has a network of resources - lenders, home inspectors, attorneys, movers, etc.; and who will educate you so you can make the best decisions about your new home. Real estate is about relationships so make sure you have an agent who knows and cares about your well-being. ------------------------------------------------------------------------------ Marilyn Messenger is an Accredited Buyer's Representative (ABR), Certified Residential Specialist (CRS) licensed real estate broker associated with Andrew Mitchell and Company in Concord MA. She has been representing home buyers in Sudbury, Maynard, Wayland, Stow, and the towns west of Boston since 1993. If you are thinking about buying a home, contact Marilyn at 508-596-3501. Search for homes Connect with Marilyn's real estate profile on Google+ - See more at: http://www.marilynmessenger.com/Web/AR438531/CustomContent/index/5492216#sthash.rRphUgHr.dpufWritten Agreements Benefit Buyers Most consumers know that if they want to “hire” a real estate broker/agent to sell their home and represent their interests, they must sign a contract. Realtors® are not allowed to list a property without one. The contract clearly spells out the terms of the agreement including length of time, compensation and each party’s responsibility. While buyer agency is not a new concept – it has been legal in MA for 15+ years and a few years ago the law that governs agency relationships was updated to further ensure consumer protection, many buyers and some agents still don’t understand the benefits of a written Buyer Agency Agreement/contract.Buyers often call me to ask for help finding a home and many tell me they have had disappointing experiences with "their buyer a[...]



Maynard( MA) Housing Market Making a Comeback!

Tue, 05 Jan 2016 22:05:00 +0000

Home sales and prices rose in November 2015 over the previous year; good news for homeowners and sellers. Also, good news for home-buyers who would enjoy all that Maynard has to offer, the number of single-family houses for sale has also increased over last year at this time. For Sale in Maynard - 46 Crane Ave. - click for detailsCurrently, there are 21 single family houses for sale in Maynard compared with 14 last year at this time. List prices range from $142,000 to $579,000. The median list price is $349,500 up from 294,000 last year and the current average list price of $355,976 is also higher than one year ago. See homes for sale in Maynard.Both pending and closed sales were up in November from November 2014. Eleven single-family homes went pending compared with just four in November 2014; and there were ten closed sales; up from 6 the previous November.The median sale price of $344,950 in Maynard during November was up 23.2%; and year-to-date through November 30, the median sale price of $336,500 was up 3.5%. The condominium market, including townhouses, garden apartment, and half-duplex styles is also improving. The median sale price in November 2015 was up 2.8% over November 2014. The median price Y-T-D through 11/30 was 2.4% higher. As the number of condominium units for sale remains low, prices will most likely continue to go up as the Spring market progresses.  Click here to see the latest report for Maynard, including data for single-family and condominiums from the Massachusetts Association of REALTORS. --------------------------------------------------------About the author: Marilyn Messenger, a Certified Residential Specialist, Accredited Buyer Representative, and a licensed broker associated with Andrew Mitchell and Company in Concord has been representing buyers and sellers in Maynard and the nearby towns west of Boston since 1993. She is a Maynard resident and has been an active participant in town government as a member of the Planning Board for 15 years and as a member of the Zoning Board of Appeals for the past five years. She also served on the Board of Trustees at the Deer Hedge Run townhouse condominiums. Contact Marilyn if you are thinking about buying or selling a home in Maynard, Sudbury, Wayland, or the towns west of Boston. Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



The Gift of Home Saves Taxes!

Wed, 11 Nov 2015 15:52:00 +0000

 The Gift of HomeHoliday time is when people get together with family and friends, to exchange gifts and talk about plans which often include buying or selling a house. It’s also year-end and a good time to think about estate planning and taxes. Did you know that parents, grandparents, aunts and uncles can start to pass along/gifting their estates while reducing inheritance taxes and getting to see their family enjoy the benefits of their gifts? What could be a better gift than tax-free help with a down-payment on a home?NOTE: The following information was provided by loan officer, however you should always talk with a tax expert and financial adviser about your specific goals and financial situation.Gifts are involved in approximately 25% of all of the mortgage loans that are transacted. Gifts from family members and relatives are allowed under IRS and lending guidelines but lenders do not report the parties involved to the IRS.Under current IRS guidelines (please consult your accountant for tax advice and ramifications) each parent or relative can give up to $14,000 to each child or relative every year. That would mean that a mother and father can each give $14,000 a year to each son, daughter, and/or grandchild that would amount to $28,000 a year in total. If both sets of parents want to help with the down-payment on a house; each of the parents can give each borrower a gift of $14,000 per year. That would add up to $56,000 for both of you! That is a significant amount of tax-free money to help you buy a home for your family! Of course, a gift can also be less than $14,000, so give what you can.That amount is per calendar year and not based on every twelve months. That would mean that they could give $56,000 (or more) in December 2015 and an additional $56,000 (or more) in January 2016. There are only a few weeks left in 2015, so don’t wait! If you haven’t had the discussion yet, Thanksgiving could be a good time to bring up the subject.For most types of mortgage loans, you will need to have 5% of the amount of the down-payment on your own, however, there are exceptions. To find out the exceptions and details about how gift money can be applied to your down-payment contact a reputable mortgage broker. Visit www.marilynmessenger.com to see homes for sale, get the latest real estate market reports, and learn about having your own buyer agent on your side. --------------------------------------About the author: Marilyn Messenger, a licensed real estate broker, Certified Residential Specialist, and Accredited Buyer Representative associated with Andrew Mitchell and Company in Concord has been representing home buyers and sellers in Wayland, Sudbury, Maynard, Stow, and Concord MA since 1993. www.MarilynMessenger.com for more.  Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Sudbury Home Sales and Prices Continiue to Rise

Thu, 29 Oct 2015 14:31:00 +0000


                      
Sales and prices of single-family homes in Sudbury (MA) continue to rise over this time last year while the number of homes for sale remains about the same. Condominium inventory is less than last year due to the new townhouses that went on the market last year have sold quickly and there are only a few remaining for sale.  Luxury home-buyers continue to have the most choices. Click here for the the latest market market report for Sudbury.




Millennials Becoming Homeowners!

Wed, 30 Sep 2015 21:29:00 +0000

First-Time homeowners at their townhouse in MaynardHousing wire magazine recently published and article entitled Realtor survey: Millennials are no longer a renter generation. Well, I guess it's a catchy headline but really what's the surprise? Millennials are smart, hard-working people and they want the same things every other generation wanted when they were establishing themselves as self-sufficient adults - financial security and a comfortable place to live where they can have a great quality of life that to enjoy now and in the future. These happy home-owners (pictured above) closed in September on their first home, a townhouse at Oak Ridge in Maynard and they are so excited about their move. After renting a similar townhouse for a couple of years at Deer Hedge Run in Maynard, like a lot of smart Millennials, they decided it was time to pay their own mortgage instead of their landlord's. With rents going through the roof, and interest rates as low as they are going to be for a long time (the Fed has said they will start going up again by year-end) a lot of younger buyers are coming into the market and Maynard has some great opportunities for townhouses and single-family homes. See homes for sale at www.marilynmessenger.com.While headlines are focusing on Millennials becoming home-owners, baby-boomers are a large segment of the housing market and they are moving to down-size/simplify, relocate, or change their lifestyles. I recently worked with a couple who owned a two-family house in the city. Tired of the congestion and of being a landlord, they wanted a smaller, more manageable single-family house and decided Maynard would be the place to move. They had friends in Maynard, love the open space and the thriving arts community; she is an artist. And like many boomers who may be eligible for retirement, he is still works in Cambridge and is finding the commuter rail service from west Concord an easy commute. They closed on a single-family in Maynard this past month and are happy with their choice.Home-ownership is not about age. It is about making smart financial decisions and being comfortable in a place where you can do the things that are important to you. It's never too soon or too late to make that move!_____________________________About the author: Marilyn Messenger is a licensed real estate broker, a Certified Residential Specialist and Accredited Buyer Representative associated with Andrew Mitchell and Company in Concord MA. She has been representing buyers and sellers in Maynard, Sudbury, Wayland, Concord, Stow, and the towns west of Boston since 1993. Click here to read what her clients say.Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Wayland: June Sales & Prices Up | Makeover Opportunity $475K

Fri, 21 Aug 2015 16:18:00 +0000

Ready for Your Makeover! 1.17 acres near Happy HollowCall 508-596-3501 today! Wayland Real Estate Market Report Current - Single Family Homes:  There are currently 63 single-family homes for sale in Wayland. List prices in Wayland range from $279,900 to $6,900,000. The median list price of $918,000 is lower than last year at this time when it was $1,009,500. Luxury home-buyers continue to have the most opportunities in Wayland. There are 11 luxury properties on the market listed between $1,000,000 and $1,499,999 and 11 between $1.5 million and $1,999,999. The average time of the market for many of these homes exceeds six months; sellers may be ready to make a deal! See homes for sale in Wayland.Pending Sales: 30 single family homes went pending during June; up 172.7% in June over last year. Year-to-date pending sales through 6/30 in Wayland were up 47% over the same period in 2014. Closed Sales: There were 27 closed single-family home sales in June, up from 23 in June2014. The median sale price of $765,000; 8.5% higher than the median sale price of $705,000 in June 2014. Year-to-date through 6/30 there have been 78 closed sales compared with 59 for the same period in 2014; up 32.2%. The median sale price for the first six months of 2015 was $699,125; up 3% over the same period in 2014.                  Condominiums: 2 condominiums, including new construction townhouses, went pending in Wayland during June 2015, exactly the same number as the previous June. There were 7 closed sales in June, up 75% from June 2014. Year-to-date through 6/30 there were 14 closed condominium sales in Wayland; -17.6% from the first 6 months of 2014. The median sale price for the period was $714,008, up 9.8% from the 2014.  See condominiums for sale in Wayland and some of the nearby towns west of Boston.---------------------------------------- Boston Agent Magazine - The Cost of Pricing: How Technology, Psychology and Timing Impact Listing Value The Cost of Pricing: How Technology, Psychology and Timing Impact Listing Value - See more at: http://bostonagentmagazine.com/the-cost-of-pricing-how-technology-psychology-and-timing-impact-listing-value/#sthash.XOPV6e89.qbJM285L.dpufThe Cost of Pricing: How Technology, Psychology and Timing Impact Listing Value - See more at: http://bostonagentmagazine.com/the-cost-of-pricing-how-technology-psychology-and-timing-impact-listing-value/#sthash.XOPV6e89.qbJM285L.dpufMarilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Sudbury Real Estate - Happy Home Buyers and Sellers!

Mon, 03 Aug 2015 21:04:00 +0000

Happy Home Buyers Closed in June - Pine Lakes SudburyLots of happy home buyers and sellers in Sudbury during June! There were 38 closed sales of single-family homes in June 2015 up from 29 in June 2014; a 31% increase. The median sale price of $678,500 was approximately 2.8% higher than the median sale price of $666,000 in June 2014.Single-family home sales for the second quarter and for the first half of 2015 were also up! There were 67 single family homes sold during the second quarter - up 13.5% from Q2 2014; and 102 sold for the first half of 2015 - up from 78 for the same period in 2014; an increase of approximately 30%.Condominium sales were also up from last year mostly as a result of more new construction townhouses on the market. There were 7 closed sales of condominiums in Sudbury during June, up from 4 in June 2014. The median sale price was $702,516 compared with $634,500 in June 2014.Currently there are 74 single-family properties for sale in Sudbury. List prices range from $369,9000 to $3,450,000. The median list price is $894,000; the median list price on 8-3-2014 was $896,500. The price range with the most homes for sale continues to be one million to $1,499,999; there are 24 properties for sale. Luxury home buyers have many excellent choices in Sudbury with the average days on the market for that price range at 138 days some sellers may be motivated to make a deal! See homes for sale in Sudbury.There are currently 22 single-family homes with sales pending and 23 that have accepted offers and are still "active" until contingencies are fulfilled.-------------------------------------------------------For additional information about the Sudbury market or to get information about the potential market value of your home contact Marilyn at marilynmessenger@realtor.com.Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Hilltop Townhouse in Maynard | Short Sale $232,000

Wed, 22 Jul 2015 19:24:00 +0000

Hilltop Townhouse at Oak Ridge - 4 Finished Levels - Privacy, ViewsIf you have been looking for a great opportunity to buy a townhouse, check out this short sale listing at Oak Ridge in Maynard for a spacious 4-level townhouse with 2 bedrooms and 2.5 baths, central air-conditioning, fireplace, and parking for 2 cars, privacy, views, and a community pool that has just been listed for $232,000! It is an easy location for commuting on Route 117 to Waltham/Route 128 or west to Route 495 or the commuter rail in Acton, West Concord, or Lincoln. Minutes to Maynard center shops, restaurants, movies, arts, farmers’ market; parks, hiking trails, and of course, everyone’s summer favorite Erickson’s Ice Cream! Everything you need for comfort and convenience at an affordable price. While it is always difficult for a homeowner to make the decision to go forward the short sale process, for many people it is their best option for being able to move on, and having these properties come to market can be a great opportunity for a buyer who is not on a tight deadline for moving. Other than time, patience, and some extra paperwork, buying a short sale is really no different than buying any other property. A qualified short sale buyer can have a mortgage and a home inspection contingency, although don’t expect a seller who is underwater to make repairs, and if it’s a condominium you will be able to your attorney review the condo documents and do your due diligence. For additional information or to schedule an appointment for a viewing contact Marilyn Messenger. --------------------------------------------About the author: Marilyn Messenger, is a licensed real estate broker associated with Andrew Mitchell and Company, Concord and has been representing buyers and sellers in Wayland, Sudbury, and the towns west of Boston since 1993. She is a certified short sale representative (SFR) and has a successful track record closing on short sale listings. Additionally, she holds the Certified Residential Specialist (CRS) and an Accredited Buyer Representative designations.            -------------------------------------------------------------"Marilyn handled the short sale of my home in Wayland, MA. She did a great job with our property & had it under agreement in the blink of an eye. As with all short sales, the bank makes it difficult for everyone involved. However, Marilyn kept the buyers and the sellers up to date at every turn and she even handled all signing of documents electronically which made life so much easier, especially seeing as I was living out of state. She also had to deal with both myself and my ex, we are very much estranged, and she was even able to navigate those difficult waters with ease. She faced many challenges in handling the sale of this property and she overcame each one easily and with great professionalism. I wouldn't hesitate to recommend Marilyn to anyone looking for a buyers or sellers agent!!" Kimberly Bellavance, Wayland    Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Do You Like to Share? How About a Condo?

Sun, 12 Jul 2015 15:23:00 +0000



(image)         
Would You Like To Share A Pool?

While living in a condominium is a great lifestyle for a lot of people who want the benefits of home-ownership without a lot of the work, it is important to understand that a condominium is a shared form of ownership. The condominium form of ownership can apply to an apartment-style, townhouse, duplex, or detached single-family home. Condominiums are also common for  business uses including office condos and even retail space. 

Regardless of the condo style you decide to buy, you need to be willing to go along with some rules and restrictions, and possibly having to pay for some amenities, repairs, or improvements that benefit the community but maybe not each individual owner. 

Here is a link to a recent blog post on LinkedIn that talks about some of the things you need to consider if you are thinking about buying a condominium or a single-family home in a community with a home-owner association (HOA).
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Contact Marilyn Messenger for additional information about condominiums and visit www.marilynmessenger.com to search for condominiums Wayland, Sudbury, Maynard, and the towns west of Boston.










Sudbury MA - Good News for Home-buyers: Homes for Sale Up 40%

Thu, 28 May 2015 20:20:00 +0000


(image)
Homes for Sale in Sudbury
While the media continues to report about low inventory resulting in fewer sales, the number of single-family houses for sale in Sudbury MA has increased approximated 40% over last year at this time. There are currently 90 single-family homes for sale in Sudbury compared with 64 last year at this time.
Prices for current listings on the market range from $425,000 to $3,750,000. The median list price of $899,450 is lower than last year at this time when the median list price was $922,450.
Luxury home-buyers continue to have the most opportunities in Sudbury.

There are 29 single-family homes on the market listed between $1,000,000 and $1,499,999, and 9 between $1.5 million and $3,750,000. The average time of the market for many of these homes exceeds fourth months; sellers may be ready to make a deal! See all of the properties for sale at www.marilynmessenger.com.

Pending sales are also up from last year at this time. There are currently 47 with sales pending including 34 that have accepted offers and are being shown for backup.
There were 17 closed sales in April; only one more than in April 2014. The median sale price of $640,000 was 3% lower than the median sale price in April 2014. Year-to-date there have been 52 closed sales compared with 36 for the same period in 2014. The Y-T-D (through 4/30) median sale price is $632,500, up 5.6% from the same period in 2014.
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"We were so pleased to have worked with Marilyn for a second time! Marilyn helped us to buy our first home in Sudbury 10 years ago and when we were ready to sell it, we called her again. The process of buying and selling can be overwhelming, but Marilyn helped us to sort through it all. She is a master at organization and coordination of the many parties involved in this process. She was on top of all of the details so that nothing fell through the cracks. There were multiple offers on the house we ended up buying and on our house when we sold it, and Marilyn was invaluable...MORE...  Contact Marilyn




Who Is Your Agent?

Tue, 19 May 2015 13:53:00 +0000

Buyer Agent or Seller Agent? Who's Working for You?More often than you’d expect, homeowners refer to the person they bought their insurance from as their agent. It sounds reasonable but it’s definitely not accurate. That person is the agent of the insurance company and they legally represent the company, not the customer. Even an independent agent who can place a policy with different companies is still an agent of the company. A mortgage officer, in most cases is an employee and represents the company. And the same is true for a title or escrow officer. It’s important to understand the actual relationship to know what you can expect from them. Any business person who wants to stay in business must treat their customers fairly and with a high degree of service. As a customer, you should be able to reasonably expect honesty and accountability. The difference is that employees owe their loyalty to their employer and agents owe their loyalty to their principal. An agent owes more than just honesty and accountability. The principal can expect complete disclosure, obedience, loyalty, reasonable skill and care and confidentiality from their agent. This advocacy is very beneficial during the buying or selling process to coordinate all aspects of the transaction. The agent can bring valuable experience to your side of the transaction to provide confidence that your best interests are being represented from start to finish. Most states have a recognized procedure for the real estate professional to create a formal relationship between themselves and a buyer or seller. This requires a fiduciary/statutory responsibility that places the principals’ interests above the agent’s own personal interests.In Massachusetts real estate agents are required to provide consumers the Massachusetts Mandatory Licensee-Consumer Relationship Disclosure form at the first personal meeting with you to discuss a specific property. The form explains the types of agency an agent can provide. Although, this has been mandatory for years, many buyers who have looked at properties with other agents often tell me they have never seen the form! Consumers have a right to know who an agent represents.Additionally, it is in the consumer’s best interest to have a written agreement with an agent who is going to represent them as a buyer agent. It clarifies expectations so there are no surprises or misunderstanding about responsibilities and makes for a less stressful transaction. Here are some of the other advantages of a written buyer agency agreement. -------------------------------------------About the author: Marilyn Messenger, a local real estate broker associated with Andrew Mitchell and Company, has been representing buyers and sellers in Wayland, Sudbury, Maynard, and the towns west of Boston for 20+ years. She is a Certified Residential Specialist - less than 4% of Realtors have achieved the CRS® designation, an Accredited Buyer Representative and is an active member of the Real Estate Buyer Agency Council. Visit www.marilynmessenger.com. Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



Maynard MA - Opportunities for First-Time Home Buyers

Fri, 15 May 2015 17:05:00 +0000

With prices for single-family homes ranging from 235,000 to $579,000, Maynard has some excellent opportunities for first-time home-buyers who may be priced out of the more expensive surrounding towns. The median list price of $382,400 for a single-family house compared with $719,000 in Acton, $534,000 in Stow, and $911,950 in Sudbury, makes Maynard an affordable housing option in a town that has something for everyone! Check out homes for sale in Maynard.Maynard is located approximately 22 miles NW of Boston. Bordered by Sudbury, Acton, Stow, and Concord. Maynard is a great location for people working in Waltham, Cambridge or west to the Worcester area with easy access to  Route 117, Route 2, and commuter rail stops in West Acton and West Concord. The walkable downtown includes a variety of restaurants, specialty shops, a movie theater, art space and a new micro-brewery and pub opening soon at Clock Tower Place. There is a new high school, a library, outdoor walking track, tennis court, a country club, lots of open space and parks. In the summer there are outdoor concerts and of course, my favorite, Erikson's Ice Cream.The population in Maynard is approx. 10,000 people; it is a small town with a diverse housing stock that includes vintage turn-of-the century antiques, suburban ranches and split-level house, newer single-family colonial and capes, a variety of condominiums/townhouses including the established communities at Deer Hedge Run, Apple Ridge and Oak Ridge, as well as some new construction. If you haven't been to Maynard, come see what you're missing!-------------------------------------------Contact MarilynFind out what a buyer broker can do for youMaynard is located approximately 22 miles NW of Boston. Bordered Sudbury, Acton, Stow, and Concord, Maynard is commuters have a variety of options via Route 117, Route 2, and commuter rail stops in West Acton and West Concord. The population in Maynard is approx. 10,000 people; it is a small town with a diverse housing stock that includes vintage turn-of-the century antiques, suburban ranches and split-level house, newer single-family colonial and capes, a variety of condominiums/townhouses, new construction, and The walkable downtown includes a variety of restaurants, specialty shops, and art space. There is a new high school, a library, outdoor walking track, tennis court, a country club, lots of open space and parks. In the summer there are outdoor concerts and an old fashioned ice cream stand. If you haven't been to Maynard, come see what you're missing! - See more at: http://www.marilynmessenger.com/web/AR438531/ListingSearch/load_saved_search/?ss_id=5197243&nav_page_id=6207904#sthash.U0lWjcX1.dpufMaynard is located approximately 22 miles NW of Boston. Bordered Sudbury, Acton, Stow, and Concord, Maynard is commuters have a variety of options via Route 117, Route 2, and commuter rail stops in West Acton and West Concord. The population in Maynard is approx. 10,000 people; it is a small town with a diverse housing stock that includes vintage turn-of-the century antiques, suburban ranches and split-level house, newer single-family colonial and capes, a variety of condominiums/townhouses, new construction, and The walkable downtown includes a variety of restaurants, specialty shops, and art space. There is a new high school, a library, outdoor walking track, tennis court, a country club, lots of open space and parks. In the summer there are outdoor concerts and an old fashioned ice cream stand. If you haven't been to Maynard, come see what you're missing! - See more at: http://www.marilynmessenger.com/web/AR438531/ListingSearch/load_saved_search/?ss_id=51[...]



Price Matters in Sudbury

Mon, 11 May 2015 14:41:00 +0000

Anyone looking to buy a house this spring in Sudbury and most other towns in the area knows what a challenge it has been to be buying in a market where there are not enough houses for sale to meet the demand. Open houses over the past couple of months have been like a feeding frenzy and home sellers have been getting offers, oftentimes more than one, on their properties within days and sometimes within hours! Sales and prices in Sudbury are up year-to-date. Through today, 5/11, there have been 52 single-family homes sold in Sudbury compared with 36 for the same period in 2014. The median sale price of $632,500 is also up; the median sale price for the same period in 2014 was $598,750.All good news for home sellers! Why wouldn't a seller be confident about listing their house for a high price; especially if they've spent money to update? It's a seller's market, right? It is important to understand that buying decisions for closed sales are made 30 to 90 days prior to closing and inventory was extremely low at the end of 2014 and during the first couple of months in 2015. Today, there are 72 single-family homes for sale; only one less than last year at this time and the median list price of $899,450 is actually lower than last year when it was $949,000. The number of homes with pending sales during the past month is exactly the same as it was last year. Even though Y-T-D closed sales were higher than last year, pending sales show that activity is stabilizing. All home sellers want to get top dollar for their houses and many mistakenly think that if they ask more they will get more and that they can always reduce the price later. Sure, you can  reduce the price later, but your house is most interesting when it first comes on the market. Buyers are always waiting for that new property to be "the one" and if the price doesn't meet their expectations, they will move on. They may come back if they see a new price, but in the meantime, you've missed out on all of the people who would have been interested in your house if you priced it right to begin with; that's when they were exited.Bottom line: Price matters in any real estate market and houses that are not priced correctly will linger. Some sellers have recognized this. There have been 30 price adjustments/reductions on 26 properties in Sudbury during the past month. Year-to-date, there have been 50 changes on 37 single-family houses. Unfortunately, houses that don't sell quickly get stale and often when buyers see that a seller had reduced the price once, they'll just wait to see if it's reduced again. Buyers see price reductions as an invitation to negotiate. The right price along with targeted marketing is what will bring you the most money when you sell your house. If you are thinking about selling check out homes for sale in Sudbury at www.marilynmessenger.com to see your competition. Contact me anytime to talk about how to price your house correctly to get top dollar in today's market. ----------------------------------------------We were so pleased to have worked with Marilyn for a second time! Marilyn helped us to buy our first home in Sudbury 10 years ago and when we were ready to sell it, we called her again. The process of buying and selling can be overwhelming, but Marilyn helped us to sort through it all. She is a master at organization and coordination of the many parties involved in this process. She was on top of all of the details so that nothing fell through the cracks. There were multiple offers on the house...MOREMarilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, [...]



Hot Housing News in Sudbury!

Tue, 07 Apr 2015 18:52:00 +0000


(image)
Hot Housing Market!
When we hear the media reports about cold weather and low inventory being the reasons for slow home sales in March, they are clearly not talking about the Sudbury real estate market where record-breaking snow and cold did not deter buyers and sellers!

Here are the facts about Sudbury housing market:
  • 43 single-family homes came on the market in March compared with just twenty-five during March 2014. Although, overall inventory levels continued to be similar to last year.
  • The number of houses with pending sales was almost double - 33 sales pending up from 17 during the previous March.
  • There 12 closed sales - twice the number in March 2014; reflecting the buying decisions that were made during the previous couple of months.
  • Current inventory for single-family house for sale in Sudbury on 4/6/2014 is exactly the same as on 4/6/2014.
  • The price-range with the most opportunities is one-million to $1,499,999; there are 19, last year there were 18. 
  • Time on the market for houses current for sale is 122 days compared with 183 days last year at this time. Days on market vary by price range and some sellers may be ready to make a deal to get moving.
  • Median prices for sold, pending, and current listing are all higher than last year.
  • Current list prices in Sudbury range from $360,000 to $2,499,999; the median list price is $962,000.
  • The median sold price in March 2015 was $769,000; up from $699,000 in March 2014.
With it's country charm, top-rated schools, a variety of classic and updated housing styles, open space, shopping, places for casual and fine dining, rich history, and recreation for all ages, Sudbury continues to attract buyers who are looking for a quality town in a convenient location.

(image) See all of the houses for sale at www.marilynmessenger.com or call 508-596-3501 for additional information about buying and selling houses in Sudbury and the towns west of Boston.









    Concord MA Real Estate: Pending Homes Sales Through the Roof!

    Fri, 27 Feb 2015 20:04:00 +0000

    Pending home sales were up 142% in January 2015 over January 2014; Sudbury was up 100%...

    Closed sales and median sale prices were also higher...

    Meanwhile, the number of properties for sale remains low make this a good to sell a house and a challenging time to buy.

    Check out the slideshow for market reports for single-family homes in Wayland, Sudbury, Concord, Maynard, and Stow and view the full reports at www.marilynmessenger.com.






    Sudbury Real Estate - Pendings Sales Up 100% in January

    Wed, 25 Feb 2015 21:40:00 +0000

    The median single-family home sale price in Sudbury has exceeded the 2007 median*While the national media is reporting that sales and prices dropped in January in many places, the Sudbury market for single-family homes got off to a strong start in 2015. Pending sales increased 100% over January 2014. And, both the number of homes sold and the median sale price was us substantially over the previous January. Closed sales were up 87.5% and the median sale price of $681,000 was up 21.9% over January 2014.Meanwhile, the number of single-family houses for sale in Sudbury remains low at just 41; exactly the same number as last year at this time. The sweet spot for homes buyers is the $1,000,000 to $1,499,999 price range. If you are a buyer looking for a luxury property, there are 14 properties for sale in that range and you may be surprised at how much you can get for your money compared with Concord, Weston or Wayland. The average time on the market for these luxury homes is 241 days and some of these home sellers are likely to be ready to consider offers. See all of the homes for sale in Sudbury.There are also 14 condominiums for sale in Sudbury including a resale townhouse at Springhouse Pond. Click here to see the full market report for condominiums and single-family houses Sudbury.                             ----------------------------------------------------------------------------------About the author: Marilyn Messenger, a Certified Residential Specialist and Accredited Buyer Representative associated with Andrew Mitchell and Company, has been representing home buyers and sellers in Wayland and the towns west of Boston including Sudbury, Concord, Maynard, Stow MA since 1993. Her clients appreciate her area knowledge, attention to detail, negotiation and communication skills. MORE... Contact Marilyn at marilynmessenger@realtor.com or 508-596-3501..Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



    Condominiums – Easy Living, Parking, Pets, and Pools

    Thu, 12 Feb 2015 17:58:00 +0000

    Had Enough? It's been a tough winter and a lot of homeowners, especially empty-nesters have had enough and are ready to consider condominium living. Empty-nesters have a variety of choices since most of the communities that have been built and that are currently under construction are "active adult" communities that cater to the over 55 home-owner. You not only get an easier lifestyle but also the opportunity for the features you don't have in your current home.Condominiums are also attractive to first time home buyers. They tend to offer more appropriate living space than a single-family home, developments tend to be newer, and some offer amenities such as swimming pools, tennis courts, fitness centers.If you're just too busy or not interested in working around the house, owning a condominium at any stage of life may be a good option for you. For the most part, exterior maintenance is taken care of by the homeowner association so you don't have to be concerned about exterior painting, landscaping, snow plowing, roof replacement, etc. - the benefits of home ownership without a lot of the work!A condominium is a form of home-ownership that can include a variety of home-styles including attached townhouses, detached single-family homes, apartment-style, duplex, or one floor in a multifamily house. Whatever the style of condominium, there will be a Homeowner Association that will govern the according to the master deed and rules and regulations of the entity.Most homeowner associations (HOAs) rules are pretty standard, and your attorney can tell you which ones you can expect to find in most places, however, communities can and do amend the rules over the years so rules can vary. Parking, pets, and swimming pools seem to be the biggest issues but there may also be rules holiday decorations, gardening, decks, facility usage; bicycle and baby carriage storage, rental restrictions - some communities do not allow any rentals.Unit-owners are most often responsible for windows and doors and you may be required to take care of some outdoor areas including landscaping, deck maintenance and snow clearing of exclusive use areas – those are areas that are part of the common property but are considered to be part of a unit. Inside the unit, homeowners are responsible for plumbing, electrical, etc. unless these items service more than one condominium unit. While there is certainly less maintenance than living in a single-family home, it is not like living in an apartment where you call the landlord if something goes wrong.If you are financing your purchase with a mortgage, your lender will review the budget and send a questionnaire asking about the financial condition of the development - i.e. number of owner occupied units, if there are any pending lawsuits, special assessments. As the buyer, it is really important for you to read the rules and understand what your responsibilities will be – the ads for “maintenance free” may not be 100% accurate. Only you can know if you'll be comfortable living by the rules that govern the condo development you'll be sharing; and the best time to do that is before you make an offer. Living in a condominium is a great lifestyle if you're someone who wants easy living; doesn't mind having close neighbors; is OK with letting other people make decisions for you or is willing to volunteer to be on the Homeowners Association Board of Trustees, and won't mind trading some personal freedoms in return for convenience.Once you accept the condominium rules and understand your respons[...]



    Wayland Real Estate - Pendings Sales Up in December

    Mon, 02 Feb 2015 15:48:00 +0000

    Here is an overview of the Wayland housing market including single-family homes and condominiums. The good news for buyers who would like to live in Wayland is that there are more houses for sale than there were last year at this time. More inventory combined with continued low mortgage interest rates make this a good time to be in the market. Current 1/28/15):There are 30 single-family houses for sale in Wayland; last January there were 17. List prices range from $290,000 to $9,300,000. The median list price in Wayland is $1,309,000; last year on 1/28 it was $1,199,000. See homes for sale in Wayland.December Pending Sales:  Good news for home sellers is that pending sales were up 100% from December 2013. 10 homes for sale went pending in Wayland during December 2014 compared with 5 during December 2013. Sale prices for these houses will be available in a month or two when they close. December Closed Sales:Closed sales of single-family homes were down by 28.6% in Wayland over December 2013. There were 10 closed sales in Wayland during December 2014; and the median sale price of $564,000 was 10.3% less than the median sale price of $628,500 in December 2013.2014 Closed Sales:There were 132 closed sales of single-family houses in Wayland during 2014; 26.7% less than in 2013. The median sale price for the year was $684,000; up 11.8% from the 2013 median sale price. 206 single-family houses were listed in 2014 compared with 236 in 2013.   Price Adjustments:In any market houses that are not priced correctly will not sell. There were 140 price changes/reductions on 80 single-family properties during 2014. Price is the most important part of marketing; it is how your house gets exposed to the right buyers.Expired Listings:There were 35 single-family houses that did not sell during their listing contract period; these are called “expired listings.” Some of them were re-listed and sold, others were re-listed and still active, and others dropped out of the current market. There are various reasons that properties do not sell: incorrect pricing, inadequate or un-targeted marketing, mismanaged negotiations and communication. Bottom line is that these houses did not meet buyer expectations.Condominiums/Townhouses:There are 15 condominium units for sale in Wayland; the same number as last year at this time. Prices range from $352,000 for a 2 bedroom, 2 bath, apartment-style in a mid-rise building to $1,225,000 for a 4,300 square foot luxury townhouse with 3 bedrooms and 4.5 baths on Hayfield Lane. The median list price for a townhouse in Wayland is $725,000. New construction townhouses at River Trail Place located at the Wayland Town Center start at $739,000. Click here for the full report for condominiums in Wayland.New Construction:Buyers are entitled (and you deserve) to have your own buyer agent represent you when you purchase new construction. However, your agent/broker MUST accompany you to the sales office the first time you visit. As tempting as it is to just pop in and look around, if you do that, you will have to buy from the agent at the office and as nice as that agent may be, remember they work for the builder and not you! Having your own agent on your side will help you get the best deal---------------------------------About the author: Marilyn Messenger, a Certified Residential Specialist and Accredited Buyer Representative associated with Andrew Mitchell and Company, has been representing home buyers and sellers in Wayland and the towns west of Boston including Sudbury[...]



    Home Buying: Tips for Negotiating Success!

    Fri, 09 Jan 2015 17:26:00 +0000

    Congratulations, you finally found the house you've been searching for! The next step is to have your buyer agent submit an offer on your behalf and unless it meets the price and terms that the seller is looking for, you will most likely have to negotiate. In the current where there are so few homes for sale, even if you offer full price, etc., you may still end up having to negotiate.Here are a few tips to help you negotiate a successful outcome and get the house you want:Stay focused on the end result; don't get hung-up on the process. Getting the house is what is important, not "how" the seller negotiates. Don't take a seller's response personally; it's not about you. Offer what you can to keep the negotiations moving so you can to agreement; often it's the small gestures that matter. Be patient and stay positive. Sometimes it take time. Negotiating is not something that most people do on a regular basis and buying a house is one of the most important and highest price items you will ever buy. Having a experienced buyer agent/broker, who knows the local market and has good relationships with other local agents, on your side to represent you through the negotiation process will help make the process a lot less stressful and increase your odds of success. Remember, success means getting the house for the best price and terms you can in the real estate market you are in. ------------------------------------------------"There were multiple offers on the house we ended up buying [and on our house when we sold it]… Marilyn was invaluable in helping us to navigate through those negotiations." – Julie in Sudbury Homes for saleAbout Buyer Agency There were multiple offers on the house we ended up buying and on our house when we sold it, and Marilyn was invaluable in helping us to navigate through those negotiations. - See more at: http://www.marilynmessenger.com/#sthash.bVASmH06.dpufThere were multiple offers on the house we ended up buying and on our house when we sold it, and Marilyn was invaluable in helping us to navigate through those negotiations. - See more at: http://www.marilynmessenger.com/#sthash.bVASmH06.dpufMarilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



    Sudbury MA - Pending Sales and Prices Higher in November

    Thu, 18 Dec 2014 21:19:00 +0000

    Good news for home-sellers in Sudbury! Pending sales and prices in November were up over last year. The number of closed sales was the same as last November, but sale prices were higher. And, year-to-date through November 30, there were fewer homes sold, however, sale prices were higher!Check out the latest Sudbury Market Report. If you are thinking of selling or buying a house in Sudbury, winter is the best time to make a deal and get moving; less competition and more serious buyers. And, if you are planning to buy another house, you will get a better deal if you buy now. If you end up waiting to buy, you'll be a step ahead of your competition who still need to sell.Sold in 3 Days! These happy clients sold their house in the Pine Lakes andpurchased this beautiful house on Wayside Hills in Sudbury!Homes for saleAsk a questionMarilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



    Homebuying: Tax Free Down-Payment Gifts!

    Wed, 10 Dec 2014 15:24:00 +0000

    Holiday time is when people get together with family and friends, to exchange gifts  and talk about their new year plans which often include buying a house. It’s also year-end and a good time to think about estate planning and how parents, grandparents, aunts and uncles can start to pass along/gifting their estates while reducing inheritance taxes and getting to see their family enjoy the benefits of their gifts. What could be a better gift than tax-free help with a down-payment on a home?The following information was provided by loan officer Scott King:Gifts are involved in approximately 25% of all of the mortgage loans that are transacted. Gifts from family members and relatives are allowed under IRS and lending guidelines but lenders do not report the parties involved to the IRS.Under current IRS guidelines (please consult your accountant for tax advice and ramifications) each parent or relative can give up to $14,000 to each child or relative every year. That would mean that a mother and father can each give $14,000 a year to each son, daughter, and/or grandchild that would amount to $28,000 a year in total. If both sets of parents want to help with the down-payment on a house; each of the parents can give each borrower a gift of $14,000 per year. That would add up to $56,000 for both of you! That is a significant amount of tax-free money to help you buy a home for your family! Of course, a gift can also be less than $14,000, so give what you can.NOTE: That amount is per calendar year and not based on every twelve months. That would mean that they could give $56,000 (or more) in December 2014 and an additional $56,000 (or more) in January 2015. There are only 3 weeks left in 2014, so don’t wait! If you haven’t had the discussion yet, time to call your mom and dad!For most types of mortgage loans, you will need to have 5% of the amount of the down-payment on your own, however, there are exceptions. To find out the exceptions and details about how gift money can be applied to your down-payment, you can contact Scott King at sking@leaderbank.com. If you want to see what houses are for sale and learn about having your own buyer agent on your side, visit www.marilynmessenger.com. Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]



    Sudbury Home Sales and Price Up in Q3

    Wed, 22 Oct 2014 15:59:00 +0000

    Sudbury Market ReportSudbury Real Estate - Local Housing Market Update October 2014Current Inventory: There are 86 single-family houses for sale in Sudbury; up from 70 last year on 10/20.  Current list prices in Sudbury range from $299,000 to $2,499,900. The median list price is $749,500; last year at this time it was $941,450. The average price in Sudbury is $852,109; last year it was $1,057,317. Click here to see homes for sale in Sudbury. More homes for sale along with lower prices and mortgage interest rates (which dropped last week) should make things a bit easier for home buyers including sellers who will buy another home after they sell. Sudbury - Under Contract in 3 Days!Pending Sales:  More sales went pending during September 2014 than during the previous September. The median list price for sales pending was $739,000. Actual sale prices for these houses will be available after closing in the next month or two. September Closed Sales: There were fewer closed sales in Sudbury during September 2014 with lower median and average sale prices than during September 2013. MORE... Price Adjustments: In any market houses that are not priced correctly will not sell. There were 42 price changes/reductions on 38 single-family properties in Sudbury during the past month ending on 10/20. Third Quarter 2014:  Sales and prices were up over last year for the third quarter in Sudbury. There were 97 single-family homes sold. The median sale price was $739,000; the average sale price was $769,066 MORE.. Condominiums/Townhouses: There are 14 townhouse condominium units for sale in Sudbury. Prices range from $365,000 to $838,000; the median list price for a townhouse in Sudbury is $674,168. The majority of the condominium townhouses that are for sale in Sudbury are in active adult/over 55/senior age restricted communities including the new townhomes at Dudley Brook Preserve off of Tall Pines Drive, and Mahoney Farms at 30 Nobscot Road. New Construction: Buyers are entitled (and you deserve) to have your own buyer agent represent you when you purchase new construction. However, your agent/broker MUST accompany you to the sales office the first time you visit. As tempting as it is to just pop in and look around, if you do that, you will have to buy from the agent at the office and as nice as that agent may be, remember they work for the builder and not you! Having your own agent on your side will help you get the best deal. -----------------------Want to know more? Call me at 508-596-3501 orRequest a free home valuation reportEasy home searchesAsk a question Marilyn Messsenger is a Certified Residential Specialist and Accredited Buyer Representative serving Wayland, Sudbury, Maynard, Stow & the towns west of Boston. Find your next home at www.MarilynMessenger.com where you'll always get the latest real estate news and information. Start planning your move to today.[...]