Wayland ma real estate market report 2 28-2013 - pdf

Wayland MA Real Estate
Market Report – February 28, 2013
Presented by Marilyn Messenger, CRS
www.MarilynMessenger.com
Marilyn Messenger | 508-596-3501 | www.MarilynMessenger.com

Market Snapshot YTD
Current – of the 41 single-
family homes for sale in
Wayland, 10 already have
an accepted offer.
Expired Listings – the
average time on the market
for listings that did not sell
was 158 days.
Price changes: the avg.
price change was -2.55%

Current List Prices
 List Prices in Wayland range from $250,000 to
$11,800,000.
 The median list price is $937,000; the average is
$1,389.180.
 The price range with the most homes for sale is $1million
to $1,499,000 – there are 10.

The number of single-family homes for sale
in Wayland has dropped substantially.
The number of
single-family homes
on the market in
Wayland is 53% less
than last year at this
time.
Lower inventory
means less
competition making
this a good time to
list your house.

Closed Sales in January 2013 increased
from previous years

Median Sale Price in January
There were
only 2 closed
sales in January
2011 when the
median sale
price shot up to
$839,950. It
dropped again
in 2012 and
2013.

Average Days on Market in Wayland
Single-Family Homes Sold in January
Days on market for
closed sales during
January 2013 in
Wayland ranged from
64 days to 215.5
days.
Days on market vary
by price range.

Sellers – What does this mean to you?
 List Now - low inventory means less competition making
this a good time to go on the market.
 Waiting May Cost You – if you wait you may sell for
more, but you’ll also pay more for your next home.
 Be Prepared – be ready to move. Get your financing in
order so you can buy your next home. Have a backup
plan in case you sell before you find a new home to buy.
 Price It Right – correct pricing is the key to selling in
any market. Even at the peak, houses that were over-
priced did not sell. Consult an expert.

Thank you for viewing my Wayland MA
Real Estate Market Report.
If you are thinking about buying or selling
a home in Wayland or the towns west of
Boston, please call me anytime at
508-596-3501 or visit
www.marilynmessenger.com to search for
homes, sign up for MLS listing updates,
and get information to help you start
planning your move.
Marilyn Messenger
CRS, ABR, GRI, Realtor, Broker
Connect on Google+

Wayland ma real estate market report 2 28-2013 - pdf

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Wayland ma real estate market report 2 28-2013 - pdf