Is Sudbury, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$1,100,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sudbury was $1,100,000 in May 2024, up 0.2% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437.5K | $532K | +21.6% |
2 Bedrooms | $676K | $785K | +16.1% |
3 Bedrooms | $725K | $810K | +11.7% |
4 Bedrooms | $1.2M | $1.2M | -0.8% |
5+ Bedrooms | $1.8M | $1.7M | -2.8% |
Summary: Sudbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
Maynard | $476K | $565.5K | +18.8% |
Stow | $681.6K | $800K | +17.4% |
Wayland | $975K | $1.0M | +8.0% |
Concord | $1.3M | $1.3M | +4.9% |
Sudbury | $1.0M | $1.1M | 0.2% |
Housing Supply in Sudbury, MA
How many homes are available in Sudbury, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 86 | +30.3% |
Summary: The Sudbury real estate market had 86 homes for sale in May 2024, a 30.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 25 | 32 | +28.0% |
5+ Bedrooms | 21 | 26 | +23.8% |
Summary: The Sudbury housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 23.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Sudbury in May 2024, up by 12.5% month-over-month. Of the 18 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 18 Days | -16.3% |
Summary: Homes in Sudbury had an average of 18 days on market in May 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Sudbury; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.