Welcome to the market conditions report for Wayland MA. The number of single family homes for sale in Wayland is down from last year at this time - 105 compared to 109. Current prices in Wayland range from $199,000 to $6,500,000. The median list price is $649,000 down from $699,000; the average list price is $957,847 up from $880,917 last year. Average time on the market for current listings is 183 days; 12 days longer than the average time last year.

Recent activity includes 18 single family homes with sales pending and 6 have accepted offers with contingencies waiting to clear.

Fewer homes sold during June compared with June 2008 - only 12 closed sales compared with 17; however, median and average sale prices were up a bit: the median sale prices was $630,000 and the average was $762,408. The average time on the market was 119 days.

During the first six months of 2009 there were 47 closed sales, just about the same as for the first half of 2008; the median sale price was $510,000; the average was $615,182 - both higher than in 2008, but not significantly.

For anyone looking for easy living, Wayland there are 29 condominiums on the market up from 28 last year at this time. Condominium prices range from $294,000 to $1,150,000 and average time on the market is 200 days. Year-to-date, there have been 6 closed sales; and there are 6 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 for complete MLS home searches, daily listing alerts, news and information to help plan your move.

Data Source: MLSPIN