The residential real estate market in Maynard MA continues to favor buyers. Although inventory is down a bit from one year ago - there are currently 47 single-family homes on the market compared with 51 last year, list prices have also dropped.
List prices for single-family homes in Maynard range from $165,000 to $525,000. The median price has dropped by 12% from last year at this time - the current median is $329,900 vs. $374,900 in 2007. The average price is also lower - $329,487 from $374,138. The average time on the market has increased - 171 days; last year it was 131. Lower prices combined with historically low mortgage interest rates spell opportunity for anyone who would like to become a home-owner west of Boston.
Year-to-date, the number of single-family closed sales is up a bit from the same period last year; 61 vs. 57. The median sale price was $318,000 - a decrease of 3.6% for 2007; the average sale price was $315,832 vs. $350,009 on 9/24/08. Not much change for closed sales in August - there were 9 compared with 11 in August 2007 and prices were consistent with year-to-date data. While median and average prices are helpful information that does not mean that every house value decreased by the same percentage - value is based on supply and demand and each property is judged by size, condition and location.
Looking for easy living? Maynard has excellent condo/townhouse opportunities including the established communities of Deer Hedge Run, Oak Ridge and Apple Ridge where list prices range from $219,900 to $307,000. If you're not familiar with these developments, come see what you're missing - people are surprised by the amount of space and the super locations of these townhouses. You won't find a better value in any of the surrounding towns.
Often referred to as 'the Harvard Square of metro-west" Maynard lots to offer. With diverse home-styles and settings as well as an active downtown with shops, restaurants, a movie theatre, community theatre, space for artisans, a new library, a seasonal farmers' market, and a country/golf club. There's something just about everyone in Maynard.
To find out what homes are available in Maynard and the nearby towns west of Boston, visit 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.)
ZIP Code: 01754 Approximate Location Boundaries: Maynard is surrounded by Concord, Sudbury, Stow, and Acton.
Location Characteristics: 25 miles northwest of Boston, Maynard was ranked #13 out of 147 MA towns and cities in Boston Magazine's April 2004 edition which featured Best Places to Live/Best Bang for the Buck when they compared cost of living to quality of life. It was number ONE in the "Safest Towns for the Buck" category and in the top 10 for "Best Schools for the Buck". Although Maynard is modest in population, it has managed to attract a number of high technology firms, due in part to its strategic location in close proximity to Route 128 as well as Routes 2 and 2A. This remarkably balanced and diverse community encompasses an attractive mix of quiet, residential neighborhoods along tree-shaded streets as well as commercial and industrial sectors.
Maynard features a number of pleasing residential neighborhoods that provide a combination of well-kept older homes and newer construction in many architectural styles and price ranges. The downtown district offers a good collection of small shops and services, and additional shopping can be found in adjacent Acton and Concord. Commuter rail service to Cambridge and Boston is also available just a few minutes away.
Facilities for leisure activities include a community center with recreational programs, a country club, golf course, sports fields, playgrounds, tennis courts and a skating rink.
About Marilyn Messenger, CRS:
"Marilyn exemplifies what every real estate agent should be. She was professional, thoughtful and tough when she needed to be. I would not have made it through if Marilyn was not at the helm. I cannot recommend her highly enough" - Jessica
"Marilyn went beyond the call of duty...All the 'i's were dotted and the 't's were crossed in a very professional manner. You [William Raveis] are fortunate to have her on your staff" - Alice
…Thanks so much for all you did to help us through the process of buying our first home...[Marilyn] made the process easier than we ever thought possible." -- Matt & Julie
Marilyn Messenger has been representing buyers and sellers of residential real estate west of Boston since 1993. She is a licensed Broker (not a salesperson), and additionally, she has earned the following designations: CRS - Certified Residential Specialist - only 3.5% of Realtors nationally have completed the requirements for CRS; ABR - Accredited Buyers Representative; SRES - Senior Real Estate Specialist; RECS - Real Estate Cyberspace Society members are dedicated to using the latest technology to benefit their clients. She is also a member of the MA and National Association of Realtors.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
