Maynard Mid-Year Market Report

Happy Home-Sellers in Maynard!

 Good news for home-owners in Maynard! Sales and prices are both higher for the first half of 2016 than for the same period in 2015.

Sales and prices were both up in Maynard for the first six-months of 2016 compared with the same period in 2015. There were 59 closed single-family home sales in 2016; 49 in 2015. The median sale price was $341,000 up from $325,900 for the first half of 2015.

The condominium market, including resales of townhouses and new construction, was also stronger in 2016. There were 23 closed sales between 1/1 and 6/30/16, up from 11 for the same period in 2015. The median sale price of $255,000 was also higher than in June 2015.

Click here to see the full market report for Maynard and the nearby towns of Concord, Sudbury, Wayland, and Stow MA.

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About the author: Marilyn Messenger has been representing home sellers and buyers in Maynard and the towns west of Boston since 1993. She is a licensed real estate broker, Certified Residential Specialist and Accredited Buyer Representative associated with Andrew Mitchell and Company, Concord. Her clients appreciate her responsiveness, attention to detail, and her knowledge of the area and her project management approach to the home-buying and selling process. Click here to see what clients say.

Contact Marilyn at marilynmessenger@realtor.com or call 508-596-3501 to start planning your move.

Maynard MA: More Opportunities for Home Buyers!

The number of homes for sale in Maynard has increased substantially from last year at this time. There are 35 single-family houses for sale and ten condominiums (on MLS) for sale.

Prices for single-family homes in Maynard range from $126,000 to $579,000; the median list price is $329,900 exactly the same as it was one year ago. The median sale price year-to-date though October 31 was $335,000; $10,000 more than for the same period in 2014.

Prices for condominiums including garden-apartment style, townhouses at the established communities of Deer Hedge Run, Oak Ridge, and Apple Ridge, and new construction townhouses, range from $155,000 to $399,000. Condominium living is often a good choice for first-time home buyers, down-sizers, and anyone who is looking for easy living where someone else does the shoveling, landscaping, etc.

Click here to see the full report and visit www.marilynmessenger.com to see homes for sale in Maynard, see market reports for nearby towns - Sudbury, Concord, and Stow MA.

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About the author: Marilyn Messenger is a Maynard resident and has been serving on town Boards and committees, including the Maynard Planning Board, the Zoning Board of Appeals, and the Pilot Planning Committee. She has also served on the Board of Trustees at Deer Hedge Run. As a licensed real estate broker, Certified Residential Specialist, and Accredited Buyer Representative she has helped home buyers and sellers achieve their housing goals for more than 20 years. Contact Marilyn at marilynmessenger@realtor.com or visit www.marilynmessenger.com to see what her clients say.

Maynard Real Estate - Home Sale Price up 18.5% in May!

Happy home sellers in Maynard during May saw an 18.7% increase in the median home sale price
over May 2013.  The median sale price of a single-family house in Maynard during was $347,450; the median year to date is $312,500.

As in most places there are fewer homes for sale in Maynard in 2014 and it is not unusual to see properties getting accepted offers in just a few days; multiple offers/bidding wars are becoming the norm, and more houses are selling at or above list prices. They days of getting a deal are replaced by buyers being happy they got the house! See Homes for Sale in Maynard.

The condominium market also saw price appreciation although the number of units sold has remained pretty flat. The median price for a townhouse in Maynard was $255,000, an increase of 21.4%.

Increased competition among home buyers has made it crucial for home buyers to be prepared not only by being pre-approved for a mortgage but being emotionally ready to commit to the process and move quickly; there's no time for second-guessing. An experienced buyer agent/broker can make sure you understand the and the buying process so that you are confident with your choices and decisions.

The condominium market also saw price appreciation although the number of units sold has remained pretty flat. The median price for a townhouse in Maynard was $255,000, an increase of 21.4%.

If you're thinking about selling your house in Maynard, low inventory makes this a good time to go on the market. Call 508-596-3501 to talk about how to get your house sold.

Visit www.MarilynMessenger.com to search for homes and get the latest market reports for Maynard, Wayland, Sudbury, Stow, and Concord.
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About the author: Marilyn Messenger is a licensed real estate broker, Certified Residential Specialist, and Accredited Buyer Representative associated with Andrew Mitchell and Company in  Concord and has been representing home sellers and buyers in the Maynard area for 21 years. She is a top recommended broker on Trulia.

She is an active member of the Maynard community as a current member and former Chair of the Zoning Board of Appeals and a past member of the Planning Board for 15 years. She also served for 2 years on the Board of Trustees at the Deer Hedge Run Condominiums. Contact Marilyn at 508-596-3501 or email marilynmessenger@realtor.com. 

Maynard Real Estate - Rental Condo SOLD!

 

Last October a homeowner that I connected with on LinkedIn asked me to sell her condominium at Stonebridge Narrows, 10 Mill Street in Maynard. After reviewing recent sale prices she decided that it made more sense for her to rent the condo instead. She listed it for rent mid-November and within a couple of days someone who was planning to relocate to the Maynard area agreed to rent it site unseen. She sent her application and paid for a credit and background check. Everything was fine and the next step was to prepare the lease. And then she changed her mind! I am always a bit suspect when someone agrees to rent (or buy) home they haven't visited, so it wasn't really a big surprise.

Market activity dropped off toward Thanksgiving and into December and the owner lowered the rent which stimulated activity again. Unfortunately, a lot of potential tenants were either looking for short-term rentals, had pets, needed additional parking, had poor credit, or else they wanted everything brand-new and completely updated

One day a woman who had sold her house called and asked me if the owner would
be willing to sell the unit instead of renting. She really wanted to buy in Maynard but there were so few condos for sale in town that she just wasn't finding anything in her price-range. She really liked the location of the building and especially the river views. She was a cash buyer and offered a very quick closing and was very persistent! After negotiating the price and all of the details (buying a condo is different than buying a single-family house), the parties finally agreed on a price and in approximately three weeks, the sale closed. Seller and buyer were both very happy with the outcome!

The number of condominiums and houses for sale in the Maynard area is extremely low. While it is frustrating for people who want to buy a home - as in this case, they are even calling on rentals, it's a great time to be a seller! If you're thinking about moving, this is the time to get your home on the market. Waiting for spring will only bring more competition for you. Click here request a home evaluation report.

 

Maynard Housing Market Report - More Sales; Lower Inventory

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. 

The number of homes on the market also continues to decline. Lower prices make this a good time for serious buyers who would like to live in Maynard to buy.

Fewer homes on the market makes this a good time for homeowners who are serious about selling their home to list while there is less competition from other properties.

Current: There are 47 single family homes for sale in Maynard; last year there were 65. The median list price is $299,000. Last year at this time the median list price was $274,900. Interesting that list prices are higher than last year when sold prices during September and YTD were lower. 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 September 2012: there were 11 closed sales of single-family homes in Maynard during September 2012; up from 9 during September 2011. The median sale price was $285,000. The median sale price in September 2011 was $339,000.

Y-T-D through September 30: Closed sales were up in Maynard for the first nine months of 2012; there were 85 compared with 63 for the same period in 2011. The 2012 median sale price was $270,000; 10.5% less than in 2011.

Condominiums (Including Townhouses and Garden-style): Condominium sales and prices were up in Maynard during September. There were 7 closed sales; there was only 1 in September 2011. The median price was $216,435.

Year-to-date sales and prices are both lower than last year. 22 closed sales compared with 20 for the same period in 2011. The median price was $199,000; down from $242,000.

Current: there are 16 condominiums for sale in Maynard with prices ranging from $119,000 for a bedroom garden apartment-style to $349,999 for age restricted new construction townhouses.

Prices at the established townhouse communities of DeerHedge Run, Apple Ridge and Oak Ridge range from $189,000 to $238,000. Townhouses at these developments are renting for as much as $1,800 per month so it can actually be less expensive to own a townhouse than to rent, especially when including tax deductions and potential price appreciation - during the peak, these sold for over $300K. Click for condominiums for sale in Maynard.

Get the latest market information about for Maynard, Wayland, Sudbury, Stow, and Axton at www.marilynmessenger.com

Maynard Real Estate - Sales Up; Prices and Inventory Lower

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.
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Get the latest market reports for Maynard, Sudbury, Wayland, Acton, and Stow MA at www.MarilynMessenger.com.

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 Real Estate - Houses Selling Faster!

Welcome to the Maynard MA Market Conditions report.


There are currently 38 single-family homes on the market in Maynard compared with 27 at this time last year. However, 9 of the 38 properties already have accepted offers waiting for contingencies to clear. There are also 9 homes with sales pending.

The median list price is $286,400, down slightly from last year; the average list price is $312,190, up a bit from last year. Average time on the market is down significantly from last year - 96 days compared to 195 days.

For anyone looking for easy living, there are there are 16 condominiums/townhouses available in Maynard; last year at this time there were 23. Prices range from $159,900 for apartment style condos to $339,900 for new townhouses. Prices at the established townhouse developments of Apple Ridge, Oak Ridge, and Deer Hedge Run range from $239,900 to $289,900.

Maynard offers more affordable options for buyers than the surrounding towns of 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.

To find out what homes are available in Maynard and the nearby towns west of Boston, visit http://www.marilynmessenger.com%20your/ 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.)

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.)

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.)

Great Home-Ownership Opportunities in Maynard MA.

Great home-ownership opportunities in Maynard MA. With prices for single-family homes ranging from $149,000 to $659,000 and a median list price of $364,000, Maynard has some of the best opportunities for home-ownership in the towns west of Boston. Currently there are 59 single-family homes on the market, up substantially from 41 one year ago, so there are lots of choices... More...

Get the latest real estate market reports for Maynard at www.marilynmessenger.com - complete MLS listings, up to the minute news and information to help you plan your next move.