Here is what's going on in the Wayland residential real estate market: While there are still some excellent opportunities for home-ownership, Wayland does not have the huge supply of homes that national headlines continue to report - there are only 106 compared with 103 one year ago - so inventory looks pretty stable. The good news for buyers is that list prices have dropped - the median list price is $646,000 compared with $769,900 last year at this time. The average price has also dropped - $826,694 compared with $1,071,329. During the past three months there have been 84 price changes on 57 homes in Wayland and the average reduction was -5.84%.
After a late start, spring market activity is picking up - seven of the 107 active listings have accepted offers with contingencies waiting to clear and there are currently 21 single-family homes with sales pending.
For anyone looking for easy living, Wayland has 24 condominiums on the market. Condominium prices range from $365,000 to $1,200,000 and average time on the market is 177 days. There are only 1 sale pending. Condominium buyers certainly have some good opportunities Wayland!
To find out about opportunities in Wayland call 508-596-3501 or visit www.marilynmessenger.com.
Source MLSPIN (Multiple Listing Service Property Information Network)
ZIP Code: 01778 Location Characteristics: With its great location, sought-after schools, and country charm, it's no surprise that Wayland ranked #2 out of 147 MA towns and cities in Boston Magazines April edition of Best Places to Live/Best Bang for the Buck, comparing cost of living to quality of life. Just 18 miles west of Boston. This residential community features quaint, winding roads graced by some of the most beautiful houses and landscaped gardens in the state. Convenient to the Massachusetts Turnpike, Wayland is a popular choice with commuters to Boston or those employed along the high technology corridor.
A strong community spirit, careful zoning and planning, a progressive government, and a commitment to preserving the town's country atmosphere are all responsible for Wayland's quality of life. Small shopping centers meet daily retail needs, although larger malls are close to home.
Public schools have an outstanding reputation as a quality system with a strong college preparatory program. A natural wildlife preserve set along the Sudbury River and Lake Cochituate provide a scenic backdrop for many outdoor activities such as swimming, fishing, canoeing, and sailing. Other amenities include golf courses, playing fields, tennis courts, cross-country ski trails, and the National Wildlife Refuge along the Sudbury River.
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.
