Maynard Home Sales Market Report- 2011 Sales Up!

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 The 2011 median price was -9.93% less than the peak in 2007 and +7% higher than the low in 2009. The number of homes sold increased since the peak and has remained steady since 2009.

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!

Facebook users "like" Living West of Boston for updates about Maynard and the surrounding towns.

Data Source: MLSPIN (Multiple Listing Service Property Information Network)

Maynard Real Estate Market Report - Lower Prices; More Choices!

Welcome to the Maynard MA Real Estate Market Conditions report for June 2011.

List prices for single family homes in Maynard range from $115,000 to $499,000; the median price is $299,000 - down form $341,400 last year; the average price is $306,524 - down from $351,000 last year at this time. There are 58 homes on the market; up from 48 last year. Of the 58 on the market 6 have accepted offers; and there are 18 with sales pending. The average list price for homes with accepted offers is $313,817; the average price for sales pending is $369,133.

There were 10 closed sales in Maynard from 5/1 to 6/15 compared with 16 the same period last year when the federal home buyer credit was available. The 2011 median sale price from 5/1 to 6/15 was $265,000; the average was $269,850. Last year the median was approximately 30K higher; and the average was approximately 20K higher.
After this challenging winter we just had, more people are considering condominiums. For anyone looking for easy living, there are a total of 24 condominiums and townhouses for sale in Maynard; up from 15 last year at this time. There are townhouses with accepted offer; 3 with sales pending; and there were 3 closed sales from 5/1/ to 6/15.

Prices range for condos and townhouses in Maynard range from $99,000 for a garden-style short sale needing lender approval to $320,000 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 $205,000 for a 2 level fixer. At the peak these townhouses were selling up into 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.

Just Sold! Deer Hedge Run Townnhouse Maynard MA

Just sold another townhouse at Deer Hedge Run in Maynard. Sale price: $233,500! Check out the video.

The happy sellers are ready to take advantage of the home buyer tax credit which now includes up to $6,500 to puchase a single-family in Sudbury. What a great opportunity for buyers and sellers in this spring market; deadlines and restrictions apply - click here for information.

Deer Hedge Run is a townhouse development consisting of 155 townhouse units, a clubhouse for entertaining, a fitness room, heated outdoor pool, and a community tennis court; all  beautifully sited on 37+ acres of private land near Acton, Concord, and Sudbury. Perfect place for anyone looking for easy living.

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!