Days on market is an important factor to consider when pricing your home to sell. Buyers will not make offers on homes that are not priced correctly. The longer a house is on the market, the less it will sell for.
Single Family Homes: Current list prices for single family homes in Maynard range from $85,000 to $524,900; the median price is $259,900 - down from $318,250 last year; the average price is $269,997 - down from $330,340 last year at this time. There are 43 homes on the market; up from 30 last year. More inventory and lower prices combined with amazingly low interest rates make this a great time for buyers who would like to live in Maynard.
There are 3 single family properties with sales pending.
December Closed sales: December ended the year on a positive note. There were 10 sold, up from 8 in December 2010. The median price was $313,500; up from last year’s median of $287,000. The average was $308,300, slightly lower than last year. And on average, it took less time to sell – 116 days compared with 140. Condominiums and Townhouses: Looking for easy living? There are a total of 10 condominiums including townhouses for sale in Maynard. Of the ten, four have accepted offers waiting for contingencies to clear. Last year at this time there were 18 for sale.
There were 25 condos/townhouses sold in 2011. The median price was $234,500; the average was $211,208. There were on 2 closed sales in December; a townhouse at Deer Hedge Run that sold for $201,000; and a half-duplex one on Butler Avenue that sold for $179,900.
Maynard offers more affordable options for buyers than the surrounding towns of Sudbury, Acton, Concord, and Stow. First time home buyers moving from the Cambridge, Waltham, Arlington area are attracted to the active downtown with a variety of specialty shops and restaurants, arts, and movies as well as the variety of opportunities for outdoor activities including walking, hiking, golf, fishing, canoeing. Construction is also in the process building a new high school. If you haven’t been to Maynard, come see what you’re missing!
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Data Source: MLSPIN (Multiple Listing Service Property Information Network)
