Sudbury, MA Real Estate Market Report for February 2008

This year winter has been a very unpredictable season. One day it's 50 degrees out and three days later it's 5 below zero. Just like that old saw, "in New England if you don't like the weather, wait a minute".

One thing that has been predictable is the state of the real estate market in Sudbury, Massachusetts ... it's a variable market in almost the entire price range.


So WHAT KIND OF MARKET IS IT? In my experience it's best to divide the Sudbury market into a series of logical price points.

For houses under $299,999 there is currently a 12 month supply, a strong buyer’s market.

For houses between $300,000 & $349,999 there is currently a 7 month supply, a buyer’s market.

For houses between $350,000 & $399,999 there is currently a 1 month supply, a strong seller’s market.

For houses between $400,000 & $449,999 there is currently a 3 month supply, a seller’s market.

For houses between $450,000 & $499,999 there is currently a 9 month supply, a strong buyer’s market.

For houses between $500,000 & $599,999 there is currently a 5 month supply, a balanced market.

For houses between $600,000 & $699,999 there is currently a 4 month supply, a balanced market.

For houses between $700,000 & $799,999 there is currently a 3 month supply, a seller’s market.

For houses between $800,000 & $899,999 there is currently a 8 month supply, a buyer’s market.

For houses between $900,000 & $999,999 there is currently a 9 month supply, a buyer’s market.

For houses between $1,000,000 & $1,499,999 there is currently a 5 month supply, a balanced market.

For houses between $1,500,000 & $1,999,999 there is currently a 12 month supply, a strong buyer’s market.

For houses between $2,000,000 & $2,499,999 there is currently a 12 month supply, a strong buyer’s market.

For houses over $2,500,000 there are currently 5 homes in the supply, with no historical market data for comparison.

For more specific details, click on this link. http://www.hunterthehousehunter.com/sudbury-market-reports.htm