Wayland MA 01778 Single Family Housing Report Feb 2012

More homes have come on the market in Wayland.  It seems as though the people who were waiting for the Spring market have jumped into action. With 102 properties listed in Wayland and 82 of them Active sales there is lots of inventory to review.  Days on Market are still way high for this town.  it is good to see the Sold DOM is considerably lower than the Active’s and Under Agreement listings.  The other thing to notice here is that the homes that were sold are a bit smaller than the average home for sale in the town.

Single Family Active Listings: 82    Avg. Liv.Area SqFt: 3,655.34     Avg. List$: $1,150,237    Avg. List$/SqFt: $280     Avg. DOM: 186.99   

Single Family Under Agreement Listings: 9    Avg. Liv.Area SqFt: 3,446.00     Avg. List$: $783,678    Avg. List$/SqFt: $230     Avg. DOM: 239.44

Single Family Sold Listings: 8    Avg. Liv.Area SqFt: 2,031.75     Avg. List$: $568,950    Avg. List$/SqFt: $263     Avg. DOM: 127.88    Avg. Sale$: $529,125   Avg. Sale$/SqFt: $245

A 93% List Price to Sale Price differential is a good one.  In Milton last month this number was 82%.  Since it is a buyers market still it is not surprising to see the price under the list price, although I have heard some stories recently about homes with multiple bidders and the homes being sold above the list price.  Getting your home ready for sale and looking just right, putting the right price on the home will get your home sold. Work with a professional to accomplish this goal.

Single Family Expired Listings: 1    Avg. Liv.Area SqFt: 1,452.00     Avg. List$: $369,900    Avg. List$/SqFt: $255     Avg. DOM: 175.00

Single Family Canceled Listings: 2    Avg. Liv.Area SqFt: 4,174.50     Avg. List$: $1,099,000    Avg. List$/SqFt: $291     Avg. DOM: 428.00