Metrowest Fall Market Data

Page 1

Sudbury, MA Area Market Review 2021 vs. 2020 As of September 1, 2021 Prepared by Sharon Burke on Wednesday, September 01, 2021

Single Family Listing Inventory on September 1

2020

2021

Var.

Var. %

Listing Units

19

25

6

31.58%

Average Days on Market

167

82

-85

-50.90%

Average List Price

$1,554,142.11

$2,315,840.00

$761,697.89

49.01%

Average List $ / SqFt

$304.75

$415.94

$111.19

36.49%

Approximate Absorption Rate

114.04%

94.00%

-20.04%

-17.57%

Approximate Months Supply of Inventory

0.88

1.06

0.18

20.45%

Listed (Year to Date)

2020

2021

Var.

Var. %

Listing Units (Taken)

236

227

-9

-3.81%

Average Original List Price

$952,649.88

$1,243,062.55

$290,412.67

30.48%

Average Original List $ / SqFt

$283.09

$325.32

$42.23

14.92%

Went Pending (Year to Date)

2020

2021

Var.

Var. %

Listing Units (Went Pending)

227

204

-23

-10.13%

Average List Price

$883,699.16

$1,052,729.36

$169,030.20

19.13%

Average List $ / SqFt

$276.23

$303.13

$26.90

9.74%

Average Days to Offer

34

12

-22

-64.71%

Listed & Price Changed (Year to Date)

2020

2021

Var.

Var. %

Listing Units (Price Changed)

38

26

-12

-31.58%

Average Original List Price

$951,157.87

$1,508,242.27

$557,084.40

58.57%

Average Original List $ / SqFt

$280.15

$354.71

$74.56

26.61%

Sold (Year to Date)

2020

2021

Var.

Var. %

Closed Units (Sold)

185

175

-10

-5.41%

Average Days on Market

64

24

-40

-62.50%

Average Days to Offer

40

14

-26

-65%

Average Sale Price

$853,645.68

$1,114,609.32

$260,963.64

30.57%

Average Sale $ / SqFt

$273.94

$320.10

$46.16

16.85%

Average List Price

$863,418.04

$1,044,349.09

$180,931.05

20.96%

Average List $ / SqFt

$275.65

$298.27

$22.62

8.21%

Average Original List Price

$874,297.42

$1,049,148.00

$174,850.58

20%

Average Original List $ / SqFt

$278.78

$299.53

$20.75

7.44%

Average Sale Price as % of List Price

99.35%

107.61%

8.26%

8.31%

Average Sale Price as % of Original List Price

98.22%

107.22%

9%

9.16%

Sold Units - Short Sale

0

0

0

0%

Sold Units - Lender-Owned

3

0

-3

-100%

12-Month Activity as of September 1

2020

2021

Var.

Var. %

Units Listed

324

303

-21

-6.48%

Units Price Changed

76

34

-42

-55.26%

Units Went Pending

306

280

-26

-8.50%

Units Sold

260

282

22

8.46%

Trend

Trend

Trend

Trend

Trend

Trend

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


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