Winter’s coming. If you’re going to sell before the weather changes it’s time to get on with it. For the first time in a while, almost all segments of the market favor the seller. The days on market are a little more normal but nothing to worry about. There is just no inventory.
For your convenience we’ve broken the Sudbury market into four buyer price points.
As you will see below for Sudbury the supply and demand curve is directly proportional to the price point. The supply isn’t there below $1.5m. Above that it’s there but it is not priced how the market sees it.
Check out the Sudbury real estate market numbers
It looks like the market is changing. If you are coming in or going out, contact us today. You’ll be glad you did.
SELLER’S MARKET
Starter houses up to $800k.
There are now 4 houses on the market, 4 are under agreement or pending in the last 3 months. No change and not likely to change in the near future.
SELLER’S MARKET
Middle-of-the-market very nice homes from $800k – $1.5m.
There are now 6 houses on the market, 10 are under agreement or pending in the last 3 months. No change, kind of lopsided.
SELLER’S MARKET
Big homes with long driveways $1.5m – $2.5m.
There are now 3 houses on the market, 4 are under agreement or pending in the last 3 months. 25% moved columns.
BALANCED MARKET
Estate homes $2.5m and up.
There are now 2 houses on the market, 2 are under agreement or pending in the last 3 months. A little change into .balanced market.
If you like this, you’ll like Mike Hunter, the House Hunter as your Realtor even better. He knows the Sudbury market and has represented many happy Sudbury households to buy or sell for years. Please feel free to send his profile to others you feel would gain from his services.
Text or Call Mike 978-580-1069 today.
80% of my business comes from referrals and repeat customers.
Please feel free to send my profile to others you feel would gain from my services
Text or Call Mike 978-580-1069 today.
