Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 29% from one year earlier and up 6% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was 720-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 3% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 560-thousand dollars. Overall, The number of units sold Decreased 5% year-over-year and Increased 33% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Sudbury, MA
Area Information for Sudbury, MA
Community Character:High Percentage of Family Households, Low Residential Turnover, Suburb of Boston
Population:17,708
Median Age:36.04 yr
Median Commute Time:31.69 mins
Educational Climate*:4
Recycling Likelihood**:136
Sales Tax:5%
Population Density:716/sq mi
Population Change Since 2000:5%
Closest Airport:Laurence G Hanscom Field
Closest College:Framingham State College
Closest Jr. College:Massachusetts Bay Comm Coll
Median Household Income:$152,535
Annual Residential Turnover:11.19%
Median Years in Residence:7.78 yr
Median Home Sales Price:$622,500
Closest Major Sports Team:Boston Red Sox
Change Avg. Household Income Since 2000:28%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Sudbury, MA
Median Age: 36.04Married: 59%Number of Households: 5,835Households with Children: 3,101
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)