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Real Estate Nuggets

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By Matt Heisler | Agent in 01532

Sudbury, MA : Condo Sales Statistics, Trends and Analysis (Nov)

Analysis

I feel one of the early indicators of price pressures can be seen by looking at the condo market. People are often willing to "trade down" from a single family if condos are at good prices in a particular location, but what happens when the condos become thin? That really begins to push the Single Family houses. What we're seeing in this report is excellent absorption of Sudbury condos that are being built, and they are making the sales and prices really pop in the Sudbury condo market. True, they aren't sold out, so we do see a large rise in average market time compared to the last report. It's hard to put a bad spin on this data though, with a doubling of sales since the last report, and every major metric up, the condo market in Sudbury is hot.

Statistics

  • Sudbury has 13 condos ( vs. 26 in the last Report) listed as For Sale
  • Sudbury had 23 condominium sales (vs. 12)   in the last 6 months, and X condominium sales last 3 months
  • Sudbury has an Average Market Time of 215 days (vs. 140) for SOLD condominium properties
  • Sudbury has an Average Market Time of 327 days (vs. 213) for For Sale condominiums properties
  • Sudbury has an Average Sold Price of $591,466 for sold condos properties
  • Avg. Sale$/SqFt: $235 (High $235 / Low $207  )

Featured Complexes

Condos of Metrowest Summary - All in one Place! In Sudbury can be found here! Currently there are over 50 complexes profiled in Metrowest, and this number is growing weekly!

What do these statistics mean?
Check my Explanation for Mass Home Sale Statistics

Single Families
If you'd like to see the statistics for Single Family Homes for this town and much more please see Metrowest Real Estate Trends and Information: For more detailed reporting, including breakdowns by price range, contact Matt Heisler of Heisler & Mattson directly!

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About Matt
Matt Heisler is an owner of Heisler & Mattson Properties.  He has been selling residential real-estate for over 10 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 the communities of Ashland, Boylston, Charlton, Clinton, Framingham, Grafton, Holliston, Hopkinton, Hudson, Marlborough, Medfield, Medway, Milford, Millis, Natick, Northborough,  Northbridge, Shrewsbury, Southborough, Sudbury, Sutton, Upton, Westborough, West Boylston, and Worcester.  


*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.

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