Welcome to the market conditions report for Wayland MA. The number of single family homes for sale in Wayland is up slightly from last year at this time - 103 compared to 99. The price range with the greatest increase is the $300,000 to $349,900 - 9 available compared to only 3 last year so there are some good opportunities for first time buyers who may not think they can afford Wayland. The price range with the largest decrease is $500,000 to $599,999 - 16 down from 25 last year.
Current prices in Wayland range from $199,000 to $6,500,000. The median list price is $649,000 up from $599,000; the average list price is $897,792 up from $803,873 last year; both are up as a result of one house that is listed at $6.5 million. Average time on the market for current listings is 173 days; 10 days longer than the average time last year.
The market was very active during April and May; 13 of the 103 homes for sale have accepted offers and there are currently 13 single family homes with sales pending. There were 17 closed sales in April and May 2009; 18 in 2008. Both median and average sale prices were down substantially, however, list prices for homes with sales currently pending are up.
For anyone looking for easy living, Wayland there are 31 condominiums on the market up from 28 last year at this time - . Condominium prices range from $299,000 to $1,200,000 and average time on the market is 165 days. Year-to-date, there have been 4 closed sales; and there are 5 sales 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 - complete MLS home searches, daily listing alerts, news and information to help plan your move.
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.