SUDBURY, MA : MARKET DATA THROUGH APRIL

April Headlines

Sudbury
  • 3-month unit sales are up by 32.1%.
  • 3-month inventory is up 9.1% to 84.
  • New listings in April were 53. This is down 13.1% from 61 in April of 2014.
Nearby Areas You May Be Interested In
  • Unit sales in Medfield are up 90.0% to 19.
  • Months of supply in Bedford in April was 4.5. This is up 92.4% from 2.4 in April of 2014.
  • Median price in Bedford is up by 50.5%.
Changes Favoring Buyers
3 Months Ending April, 2015 % Chg From Apr, 2014
Inventory 84 9.1%
Months of Supply 4.3 3.4%
New Listings 108 5.9%
Changes Favoring Sellers
3 Months Ending April, 2015 % Chg From Apr, 2014
Unit Sales 37 32.1%
Median Sale Price $625,000 2.0%
Market Time (Days) 110 -10.6%
Price per Sq Ft for Sold $258 2.6%
Sales to List Price Ratio 98.9% 2.0%
Listings Under Contract 46 4.5%

Sales

There were 17 unit sales in April. This is up 6.3% from 16 in April of 2014. Sales/list price ratio in April moved down to 97.9% from 100.9% in March.

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Prices

Median price in April was $640,000. This is down 3.0% from $660,000 in April of 2014. 3-month median price of $625,000 in April was up just slightly from $615,000 in March and very slightly up from $612,750 in April of 2014. Price per square foot in April was $253. This is down from $267 in March but up from $243 in April of 2014.

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Inventory

Inventory of 112 in April was up 34.9% from 83 in March and up 9.8% from 102 in April of 2014. New listings of 53 in April were up somewhat from 43 in March but down modestly from 61 in April of 2014. Months of supply in April was 5.6, unchanged from the same month last year. This is the highest months of supply has been since September, 2014.

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Market Time

Days on market of 92 in April was down moderately from 117 in March and down considerably from 123 in April of 2014. This is the lowest days on market has been since September, 2014.

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Change in Median Sale Price for Single Family Properties YTD From 2014 To 2015 for Towns in Middlesex County Ranked by Best Performance
Town % Change
Cambridge 38.46%
Newton 24.92%
Stoneham 21.81%
Lowell 14.80%
Malden 14.72%
Hopkinton 13.40%
Wilmington 13.33%
Woburn 13.00%
Melrose 12.05%
Billerica 10.71%
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