Is Sudbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sudbury has remained a Seller's Market.
Housing Prices in Sudbury, MA
How much do homes in Sudbury, MA cost?
Median Sold Price
$1,085,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sudbury was $1,085,000 in March 2024, up 0.6% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437.5K | $532K | +21.6% |
2 Bedrooms | $689.9K | $710K | +2.9% |
3 Bedrooms | $752.5K | $802K | +6.6% |
4 Bedrooms | $1.2M | $1.2M | -1.6% |
5+ Bedrooms | $1.7M | $1.7M | -2.5% |
Summary: Sudbury housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
Stow | $691.2K | $820K | +18.6% |
Maynard | $485K | $560K | +15.5% |
Wayland | $970K | $1.0M | +8.4% |
Sudbury | $1.0M | $1.0M | +0.6% |
Concord | $1.3M | $1.3M | 0.5% |
Housing Supply in Sudbury, MA
How many homes are available in Sudbury, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 57 | +14.0% |
Summary: The Sudbury real estate market had 57 homes for sale in March 2024, a 14.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Sudbury housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Sudbury in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 19% were sold under asking, 0% were sold at asking, and 81% were sold over asking.
Days on Market for Sudbury, MA
How long does it take to sell a home in Sudbury, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 22 Days | -44.3% |
Summary: Homes in Sudbury had an average of 22 days on market in Mar 2024, down by 44.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Sudbury; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.