Maynard (MA) Housing Market Makes a Comeback in May!

Median sale prices for closed sales in Maynard during May 2013 improved dramatically from May 2012. Here is a chart showing median sale prices for single-family homes in May 2009 - 2013.

The number of homes sold in May was also higher and as in most places, the number of homes currently for sale in Maynard is substantially lower than last year at this time. Real estate prices are all about supply and demand and lower inventory is causing homes that are priced correct to sell quickly, sometimes generating multiple offers and sale prices over asking.

There are also fewer condominiums for sale. Sales activity at the Deer Hedge Run, Apple Ridge, and Oak Ridge townhouse developments has picked up.

Visit www.MarilynMessenger.com for the full report and to view a SlideShare presentation showing median sale prices for the nearby towns of Concord, Stow, Sudbury, and Wayland.
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Interest rates are going up again so now is the time to make your move. Whether you are a buyer, seller, or both having the right agent/broker navigating you through the process and negotiating on your behalf will make a big difference. Call Marilyn Messenger at 508-695-3501.

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Maynard Real Estate - Housing Market Update

Summary: The number of closed sales of single family homes in Maynard continues to increase over 2011. Median and average sale prices were be lower than in 2011. And, the number of homes on the market continues to decline.
 
Closed Sales July 2012: there were 16 closed sales during July 2012; double the number sold during July 2012. The median sale price was $277,700; the average was $296,888. The median in July 2011 was $331,250; the average was $344,225.

Pending Sales: There were 12 single family homes in Maynard that went pending during July 2012; up from 8 in July 2011.

Y-T-D through July 31, 2012: Closed sales were up in Maynard for the first seven months of 2012; there were 61 up from 56 for the same period in 2011. The 2012 median sale price was $277,500; the average was $277,475, both less than in 2011. The 2011 median sales prices was $300,350; the average was $326,646.

Listings and price reductions: 109 single family homes came on the market between January 1 and July 31, 2012 and there have been 51 price reductions. For the same period in 2011, 105 came on the market and 58 had price reductions.

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 all the current listings in Maynard.

Condominiums/townhouses: There was only 1 closed sale in July 2012, there were 4 in July 2011. Sales for the first seven months of 2012 were also less – 12 compared with 17 in 2011.

Sale prices: sale prices for condominium were also lower. The median sale price during July 2012 for a condo or townhouse in Maynard was $233,000; only one sold so the average was the same. The median sale price in July 2011 was $247,500; the average was $227,000.

Current: there are 18 condominiums for sale in Maynard with prices ranging from $149,900 for a 2 bedroom garden style to $349,999 for new construction townhouses. Prices at the established townhouse communities of Deer Hedge Run, Apple Ridge and Oak Ridge range from $185,000 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. Click for condo and townhouse listings in Maynard.

Visit www.MarilynMessenger.com for the latest real estate information and market reports for Maynard, Sudbury, Wayland, Stow and west of Boston. Ask a question.  Search for homes.

Maynard Real Estate - Home Sales Mixed; More Sales Lower Prices

Single family homes: There are currently55 single family homes for
sale in Maynard; down from 58 a year ago.  List prices range from
$79,900 to $469,900. The median list price is $289,900; the average is
$283,105. Last year at this time the median was $299,450 and the
average was $302,299.

Of the 55 homes for sale, 10 properties already have accepted offers
and are being kept active until contingencies are cleared.
Additionally, 13 single family properties went pending in May, 13 went
pending in May 2011. The median list price for sales pending is
$309,900; last year it was $279,900. These sales will close in the
next month or two and we will know the sale prices when they close.

Closed Sales May: The good news is that there were 8 closed sales of
single family homes in Maynard during May, twice as many as in May
2011. However, the median sale price of $212,250 was lower than in
April 2011 when it was $246,000.
Closed Sales Year-to-date (1/1 – 5/31): There have been 29 closed
sales for the first five months of 2012, exactly the same as for the
same period in 2011. However, sale prices were substantially lower
this year. The median sale price was $230,000, the average was
$236,086. Last year the median was $300,000 and the average was
$319,878.
Price adjustments: There have been 61 price reductions on 42 single-
family homes in Maynard during the past 3 months. The average
reduction was -5.82%.
Condominiums and Townhouses: There are 20 condominiums on the market
in Maynard; last year at this time there were 22. List prices range
from $79,900 for a garden apartment style condo to $320,000 for over
55 new construction townhouses.  The median list price is $222,450;
slightly higher than last year when it was $221,950.

Prices at the established townhouse communities Deer Hedge Run, Apple
Ridge, and Oak Ridge range from $189,900 to $239,000.These townhomes
were selling for over $300,000 during the peak, so they are especially
good deals for buyers looking for easy living.
Closed Sales Year-to-Date (1/1 – 5/31): There have been 10 condominium sales
during the first 5 months, last year there were 11 for the same
period. The median sale price Y-T-D for 2012 is $190,750; last year it
was $245,000, so it is interesting that current list prices are higher
than they were last year. Sellers really need to be realistic about
pricing if they want to sell; buyers, this is a great time to buy a
condo or townhouse in Maynard!

 Click here to search for homes in Maynard.
 Ask a question.

Maynard Real Estate Update - Good Opportunities for Buyers!

Complete MLS Home Listings Ask a question

Single Family Homes: Current list prices for single family homes in Maynard range from $110,000 to $524,900; the median price is $269,450 - down from $300,000 last year; the average price is $288,023 - down from $328,494 last year at this time. There are 46 homes on the market. As in most other towns in the area, the market is very active because of the warm weather and low interest rates and of the 46 homes for sale, there are 8 that already have accepted offers. Last year there were 34 single family homes for sale. 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 11 single family properties with sales pending.

Closed Sales: January and February sales were down substantially from the first two months of 2011; only 9 compared with 17. And, sale prices were also lower. The median sale price was $230,000; the average was $225,889. The median sale price for the same period in 2011 was $321,000; the average was $329,865. On average, it took more time to sell – 130 days compared with 110 days.

While median and average price information is useful, it does not mean that every property value went up or down by the same amount or percent. Maynard had some good year-end opportunities in the lower ranges that buyers to advantage of; the average list price for homes with recently accepted offer is back up to $322,300.

Condominiums and Townhouses: There are only half as many condominiums including townhouses for sale in Maynard as there were last year at this time; 7 compared with 14. Median and average list prices are just about the same; the median is $239,999 and the average is $240,542


Sales of condomiumiums and townhouses for January and February were flat; only 6, last year there 7. And as with single-family homes in Maynard, sale prices were lower. The median sale price was $190,450; the average was $184,733.


Click here to search for homes in Maynard.

Ask a question.

Deer Hedge Run Townhouses

Market Condition Reports for Wayland, Sudbury, Maynard, Stow & Acton Massachusetts

Maynard Home Sales Market Report - Good Opportunities for Buyers!

Complete MLS Home Listings Ask a question

Single Family Homes: List prices for single family homes in Maynard range from $100,000 to $499,000; the median price is $299,000 - down from $341,400 last year; the average price is $284,950 - down from $314,900 last year at this time. There are 62 homes on the market; up from 46 last year. There are 8 single family properties with sales pending. The average price for sales pending is $277,500.
There were fewer closed sales in July 2011 than in July 2010 – 8 compared with 10, however, both median and average sale prices were higher. The 2011 median sale price in July 2011 was $331,250; the average was $344,225. The median in July 2010 was $242,700; the average was $276,490.

Deer Hedge Run townhouse $205,00 -
click photo for details and more photos

While median and average prices show some general trends, they do not indicate that every house has increased or decreased by the same amount. Anyone pricing their home to go on the market needs to compare their property with like properties to make sure they are positioned properly to attract the maximum number of potential buyers in the current market.
Condominiums and Townhouses: For anyone looking for easy living there are a total of 20 condominiums and townhouses for sale in Maynard; there were 21 last year at this time. Prices range for condos and townhouses in Maynard range from $160,000 to $329,000. There is one short sale with an accepted offer listed for $115,000; new construction over 55 townhouses range from 300K to 320K; and prices at the established townhouse developments of Deer Hedge Run, Apple Ridge and Oak ridge range from $195,000 to $284,900. At the peak these townhouses were selling as high as the $320s so they are an excellent value in the $200s.

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 its 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. Maynard also has approved the construction of a new high school. If you haven't been to Maynard, come see what you're missing!

Click here to search complete MLS listings with addresses and maps; news and information and market reports for Sudbury, Stow, Maynard, and Weston MA. Facebook users - "like" and search without leaving FB at www.facebook.com/livingwestofboston.


Data source: MLSPIN (Multiple Listing Service Property Information Network.

Real Estate Market Conditions - Buyers Recognizing Good Values in Maynard!

The spring market is very busy in Maynard. Buyers are recogizing good values and taking advantage of low interest rates. Here is a summary of what's going on in the Maynard real estate market.

List prices for single family homes in Maynard range from $145,000 to $580,000; the median price is $299,000 - up 10K from last year; the average price is $308,528 - up approximately 2K from last year at this time. There are 55 homes on the market; exactly the same number as last year. The spring market in Maynard is very active with 13 accepted offers, 8 of which went in 20 days or less; and there are also 9 properties with sales pending. The average list price for homes with accepted offers is $307,915; the average price for sales pending is $358,856.

First quarter sales in Maynard held steady with 21 single family homes sold, one more than during Q1 of 2010 and the good news for sellers is that both the median and average sale price was higher this year. The median for Q1 2011 was $317,300; the average was $327,760. The median sales price for Q1 2010 was $284,450; the average was $304,030.



After this challenging winter we just had, more people are considering condominiums. For anyone looking for easy living, there are some excellent townhouse condominiums for sale in Maynard. Prices range from $89,000 for short sale needing lender approval to $323,000 for new construction in an over 55 townhouse development. Prices at the established townhouse developments of Apple Ridge, Oak Ridge, and Deer Hedge Run start at $229,000. At the peak these townhouses were selling up to the $320s so they are an excellent value in the $200s. There were 6 condominiums sold during the first quarter of 2011, one more than during Q1 of 2010. The median price was $252,000; it was $268,000 last year.



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 its 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. Maynard also has approved the construction of a new high school. If you haven't been to Maynard, come see what you're missing!



Mortgage interest rates are still low but are starting to edge up; anyone who would enjoy living in Maynard should make their move soon before purchasing power erodes further. Visit www.marilynmessenger.com to search complete MLS listings with addresses and maps; news and information and market reports for Sudbury, Stow, Maynard, and Weston MA. Facebook users - "like" and search without leaving FB at www.facebook.com/livingwestofboston.

Data source: MLSPIN (Multiple Listing Service Property Information Network.

Is This a Good Time to Sell Your House?



Just Sold $410,000!
20 Taft Ave., Maynard MA

 Recently I was chatting with a woman from Maynard who was complaining about the cold saying that her friends and relatives in Florida keep telling her she should move there. Sounds like a good idea to a lot of us in Massachusetts as we look at the endless piles of snow… So I mentioned I’m a real estate broker and that my Realtor friends in Florida have been sending me information about some fabulous opportunities especially in Naples and Fort Myers where she would be going. We talked about what a great house she could buy for so much less money than here :) and then she said: “but it’s such a bad time to sell, nothing is selling!”


Really? While hardly a day goes by without a headline about “the housing market” as if there is one big market when really there no such thing; all real estate is local and whether houses are selling or not depends on supply and demand which varies greatly around the country. In New England it varies from town to town and within the town it can vary by price point. While the supply in places like Florida and Nevada is still high, right now the supply of homes for sale in the towns west of Boston is really low. Compared with last year at this time the number of single family homes for sale has dropped 21% in Maynard. Of course, no one can tell you exactly what the demand is, however, based on 2010 absorption rates and the increased number of calls from buyers since Thanksgiving, I would say buyers are hungry for new listings to come on the market.

Everyone wants to sell high and buy low! Well, if you’re selling in Massachusetts and moving to a state like Florida that still has a large supply of homes for sale you can actually to do that! When I explained that to her and told her about some recent single family home sales in town, she kind of got it but was still focused on selling for less than she could have a few years ago. I suggested that she think about where she wants to be rather than what could have been; and, more importantly that she could be with her family and not have to go through another winter like this.

Bottom line: whether it’s a good time to sell depends on you and where you want to go. Since most home sellers become buyers, selling is just a means to an end; one more step (albeit a big one!) in the buying process. If you are moving to a less expensive town or state, down-sizing within the same market, or even if you are looking to move up within the same town then it’s a good time to sell. Today’s low interest rates are another factor on your side. If you really are ready to make a move because that is what makes sense for your life, don’t let the naysayers deter you and don’t wait for everyone else to go on the market. Get the facts from a real estate professional and then you decide if it’s a good time to sell based on your market, not headlines!

Maynard MA - Engergy Fair Saturday 5/4

Maynard CAN (Climate Action Network) will be holding an energy fair tomorrow, Sat. May 8, at the Fowler school between 12 and 4 pm. The program will feature over 30 exhibitors, food, live music, and activities in tracks “food” and “buildings and energy”. Kate Hogan and Jamie Eldridge are on the schedule as “invited” to speak.


This should be interesting and informative. See the event web page here for more details: http://www.maynardcan.org/Fair10.html

Maynard Real Estate - 2009 Sales Up!

Welcome to the Maynard MA Market Conditions report.


First a recap of 2009: sales of single-family homes in Maynard during 2009 were up 23.6% over 2008 sales – 94 compared to 76. The median sale price was $280,000 – down by 10% from 2008. Lower prices made for faster sales – the average time on the market was 105 days; 27% fewer days than in 2008.

There were only four closed sales for single-family during December 2009 in Maynard MA; down from six during December 2008; while both median and average sale prices were up – the median sale price during December 2009 was $391,450; the average was $367,725 and the average time on the market was only 80 days.

Currently, there are fewer single-family homes on the market in Maynard than last year at this time; only 2, 2 of which already have accepted offers and are being shown for backup offers. Last year there were 31 single family homes available in Maynard.

List prices range from $111,000 to $519,900. The median list price is less than last year - $284,900 vs. $299,900; the average price is higher - $322,515 compared with $304,048.

Condominium sales were also up in Maynard during 2009; 31 sold compared with 22 in 2008; the median sale price was $229,000 – down 18.7%; and the average time on the market was 165 days up from 151 days. Townhouse sales at Deer Hedge Run, Apple Ridge, and Oak Ridge more than doubled; 18 units sold in 2009 compared with only 8 in 2008. The median sale price was $226,000; down 11% from the previous year.

Currently, there are 17 condos/townhouses available in Maynard; last year at this time there were 26.

Maynard remains a more affordable option for buyers than the surrounding towns – Sudbury, Acton, Concord, and Stow. The extended home buyer tax credit, which now also includes $6,500 for many existing home owners who would like to move up, move down or move sideways to easier living or another location, should help more buyers and sellers take advantage of all that the town of Maynard has to offer.

Search for houses in Maynard and the nearby towns west of Boston, visit http://http//www.marilynmessenger.com your on-line source for real estate listings, news and information or call Marilyn Messenger at 508-596-3501 for personal real estate services.

*Data Source - MLSPIN (Multiple Listing Service Property Information Network.)

Your Vote is Important!

Democracy can only happen when people show up! Town meeting is democracy in it's purest form - anyone can speak up, one person, one vote. Last night's special town meeting in Maynard was democracy at it's best - so great to see people come out to participate in our town government!

The purpose of the meeting was to vote on building a new high school for Maynard - a major issue for the town. Because the decision makers at the State level still hasn't decided which plan it will approve for funding, participants were asked to vote only to adjorn the meeting and hold another on February 9 at which time we town officials will present an actual plan and we will vote.

The town meeting form of government is in jepardy. Many towns in Massachusetts, including Maynard, have lowered their quorum minimum in order to conduct business; some towns are working to eliminate town meeting all together due to lack of participation. Wouldn't it be great if people came out to participate and vote on all the issues and not just the ones that effect them directly? What about elections in general - fewer and fewer people come out to vote...

The system isn't perfect but it's the best we have and it's up to us to make it work. I encourage everyone to attend their town meetings; and by all means, vote in the upcoming Massachusetts senate election on January 19. Decisions are made by those who show up - show up and be counted! And if you live in Maynard, don't forget town meeting on February 9th.

Maynard Real Estate - November Sales Up!

Maynard MA: There were eleven closed sales for single-family during November in Maynard MA; up from only seven during November 2008; while both the median and average price were up just slightly; the median sale price was $270,000, the average was $258,545. The current inventory level is lower than last year at this time. Only 30 homes on the market; 4 of which already have accepted offers and are being shown for backup offers. Last year there were 35 single family homes available in Maynard. List prices range from $111,000 to $519,900. The median list price is less than last year - $287,400 vs. $299,900; the average price is higher - $316,270 compared with $310,691. Maynard remains a more affordable option for buyers than the surrounding towns – Sudbury, Acton, Concord, and Stow.Additionally, there are 9 single family homes with sales pending. The average list price for homes with sales pending is $356,811. Pending sales will close in the next month or two.

There are 21 condos/townhouses available in Maynard; last year at this time there were 24. Prices range from $161,900 for apartment-style condos. Townhouse re-sales at desirable Deer Hedge Run range from $247,900 to $276,900; Oak Ridge and Apple Ridge have similar prices. New construction townhomes starting at $279,000 for age restricted units and $329,000 for non-restricted townhouses with first floor master bedrooms and garages. Overall, condominium prices have dropped in Maynard so there are some great opportunities available.

To find out what homes are available in Maynard and the nearby towns west of Boston, visit http://www.marilynmessenger.com/ your on-line source for real estate listings, news and information or call Marilyn Messenger at 508-596-3501 for personal real estate services.

*Data Source - MLSPIN (Multiple Listing Service Property Information Network.)

Shop Local; New England Appliance for Best Service!

So many choices for places to shop these days - big box stores, discounters, sales at high-end malls and specialty stores, and of course, the Internet. Everyone's looking for the best deal but what does that really mean? To me the best deal isn't just price; service is the value added that is priceless; and sometimes we overlook what our local businesses have to offer.

New England Appliances on Nason Street in downtown Maynard MA, my old standby for appliances for the past 21 years proved it again this past week. My six year old washing machine that I bought at there (after a terrible experience with a large national chain store) broke over the weekend so I called them to come out and fix it.

Long story short, the problem was a part that had they never seen brake before so it wasn't something they had in stock. Of course, it was two days before Thanksgiving, so we knew it would be a few days before the part would be in. Looked like I'd be spending the holiday at the laundromat - oh well, certainly there are worse things that can happen.

So I packed up my clothes and headed to the bank to get some quarters. While I was standing in line my phone rang; it was Ron, the owner, calling to say that when he got back to the store he checked a machine they had on the floor and the part was the same, so he took it from the floor model and said he could come over and fix it right then! Awesome I said! What outstanding service...

There's no way that Walmart or Sears or any on-line store could or would be willing and able to provide such outstanding service; that is something only a local store can do; and it is truly priceless!

I shop around too, especially in this economy everyone has to. But in the end, shopping locally is the best for quality, service, and yes, prices are competitive, and it;s it good for the town - a win-win for everyone.

Happy Holidays...and please consider our local shops for the holidays and all year long!