Here is what's going on in the housing market in Wayland MA. 
Currently there are 96 single family homes for sale in Wayland;
almost exactly as last year at this time when there were 97. 12 of the "active" listings have offers accepted and are being shown until contingencies have been met.
Additionally, there are 14 single-family homes with sales pending; the average list price for sales pending is $709,363. Final sale prices will be available after closing.
List prices in Wayland range from $179,000 to $4,795,000. The median list price is $629,000 last year at this time it was $649,000. The average list price is $925,043 compared with $1,004,974 last year. Average time 
on the market for current listings is 166 days; a year ago the average was 187 days.
The number of closed sales during July was also just about the same as last year; there were 17, last year there were 16, however, both the median and average sale price was lower. This July's median sale price was $470,000 and the average was $599,994. The median for July 2009 was $587,500; the average sale price was $701,360. Year to date there have been 84 single family homes sold. The median sale price is $566,053; the average is $621,826.
While median and average prices are helpful information, the market
value of any property depends on supply and demand which can vary greatly for each price range. It is important to understand your specific market when determining the list price that will attract the highest number of buyers.
For anyone looking for easy living, there are excellent opportunities in Wayland. There are 26 condominiums including duplex and townhouse styles in Wayland with prices ranging from $269,000 to $1,150,000. There are 2 with offer accepted and 4 with sales pending. There were 4 closed sales for condominiums in July.
Source: MLSPIN (Multiple Listing Property Information Network)
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