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| Closed and Pending Sales were higher in August 2012 than in 2011; Sales also up Y-T-D |
Summary: The number of closed sales of single family homes in Maynard continues to increase over 2011. Median and average sale prices were lower than in 2011. And, the number of homes on the market continues to decline. Lower prices make this a good time for buyers; while fewer homes for sale make this a good time for home sellers as long as they price their homes correctly.
Current: There are 49 single family homes for sale in Maynard; last year there were 62. The median list price is $284,900; the average is $278,440. Last year at this time the median list price was $282,400; the average was $296,141. Click to see current homes for sale in Maynard.
Pending Sales: Pending sales were up in August. There were 14 single family homes in Maynard sales pending in August 2012; up from 8 in August 2011. The median list price for sales pending was $324,900; last year it was $327,450.
Closed Sales August 2012: there were 12 closed sales during August 2012; up from 7 during August 2012. The median sale price was $231,500. The median sale price in August 2011 was $355,000.
Y-T-D through August 31, 2012: Closed sales were up in Maynard for the first eight months of 2012; there were 74 up from 63 for the same period in 2011. The 2012 median sale price was $269,750; 10.3% less than in 2011.
Condominiums (Including Townhouses and Garden-style): Condominium sales and prices were up in Maynard during August. There were 3 closed sales; there were 2 in August 2011. The median price was $203,900; up from $179,500 in August 2011.
Year-to-date sales and prices are both lower than last year. 15 closed sales compared with 19 for the same period in 2011. The median price was $195,000; down from $244,000. Click for condominium listings in Maynard.
Current: there are 16 condominiums for sale in Maynard with prices ranging from $49,900 for a bedroom garden apartment-style to $349,999 for age restricted new construction townhouses. Prices at the established townhouse communities of Deer Hedge Run, Apple Ridge and Oak Ridge range from $199,000 to $238,000 – townhouses those developments were selling for over $300,000 during the peak, so they are an excellent opportunity for buyers looking for easy living.
See the latest report from the Greater Boston Association of Realtors.
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