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   Sudbury MA - Market Conditions Report

Q1 and March 2012

Sudbury - Q1 2007 - 2012

 Sudbury - Q1 sales 2007-2012  

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Lots of happy home sellers in Sudbury as the Spring real estate market arrived early and the number of single family homes sold was the highest since the peak in 2007.

In March, there were 21 closed sales up from just 7 last year when we were still buried in snow! Median and average sale prices in March were higher than last year and although they have not made it back to 2007 levels, the housing market in Sudbury is moving in the right direction!

The current median list price in Sudbury is $768,500 compared with $862,500 last year at this time. The average list price is $885,045, last year it was $972,462.

More realistic pricing is bringing buyers and sellers together again. There are currently 21 sales pending in Sudbury and there are 41 single family properties that have accepted offers (waiting for contingencies to clear). Homes that are priced correctly are getting offers in just days and we are seeing multiple offers too!

Buyers who want to live in Sudbury, be prepared. Get pre-approved for a mortgage so you know exactly what you can afford, decide what the trade-offs are (location, size, and condition) and connect with an experienced buyer broker/agent who can navigate you through this busy market!

         
Sudbury Chart - sales

Median:  2011 sale prices were - 4.97% from peak in 2007; and up 4.16% from low in 2009.
Average: 2011  sale prices were -7.92% from peak in 2007; and up 5% from low in 2009.
 

Sudbury sold prices 5 yr

  
 ZIP Code: 01776

Approximate Location Boundaries:Approx. 20 miles west of Boston - surrounding towns are Wayland, Framingham, Concord, Maynard, Hudson, Stow, and Lincoln.

Location Characteristics:20 miles west of Boston. Graced with natural beauty, Sudbury is an ideal blend of old and new, still rural, yet vibrant. This beautiful New England suburb features lovely residential neighborhoods of charming historical homes and well-designed new construction set on large, meticulously landscaped properties.

Reminders of the town's colonial past are evident at every turn. Old barns, stone walls, gracious farmhouses, and wonderful pre-Revolutionary homes are a common sight. Sudbury is the home of the Wayside Inn/Restaurant, built in 1680 and considered to be one of the oldest inns in the nation. Each fall, the community welcomes visitors to the Colonial Fair.

Fine schools and town facilities combine with a myriad of recreational opportunities and active civic, social, and charitable organizations to keep residents involved. Commuting is convenient via Routes 128 and Interstate 495, and major shopping malls are just 10 minutes from home. Recreational highlights include the National Wildlife Refuge and the Sudbury River area for canoeing, hiking, and cross-country skiing.