News about the Wayland Massachusetts real estate market
Slow Start to Spring Sellers often ask when the best time is to list a property for sale, and our pre-pandemic answer was always Valentine’s Day. It seemed that no matter the year or market, when a seller put a well-prepared house on the market early — but not too early — the sale price […]
The competition buyers face this Spring season is unlike anything we’ve ever seen. Nearly all of what comes on the market is gobbled up immediately, leaving exceptionally low levels of inventory. But surprisingly, the data tells us that it is the buyers’ appetite — rather than sellers’ reluctance — that has changed. A full year […]
Covid Impacts Persist in West ‘Burbs, Inventory Remains Historically Low in Concord, Lincoln, Sudbury Some towns feeling the squeeze much more acutely than others, like everything else “pandemic” it’s complicated. Back in July, we profiled the year-over-year decline in single-family inventory, and here’s the update in Concord, Lincoln, Bedford, Wayland, Lexington, and Weston. This update […]
Inventory is down across Massachusetts — but how low is low? COVID19 struck just as the market was heating up for spring. We projected lower than typical spring inventory, as many sellers opted to hold rather than list. That happened, and in some communities more than others, we see persisting record-low inventory in single families. […]
Coronavirus dramatically transformed the real estate market over the past two months. Spring 2020 was gearing up to be hot and active, with much of our lingering 2019 inventory being absorbed early in the year. We experienced activity even in the highest price points in the market. Many of our own listings sold. Even before […]
It has been a wild ride this year for us, with a peak of 5 active listings at once, all in Lincoln. It has been less wild for many area sellers; many houses need price reductions or renovations to sell. After a slow-to-start spring that felt overrun with buyers who then didn’t make offers, we […]
Data for Lincoln, Concord, Weston, Wayland, and Lexington gives us a sense of the big trends over the past 5 years. Check it out below! You’ll see that 2018 saw strengthening market indicators for sellers (decreases in inventory, increases in average sale price per square foot, and decreases in average days on the market). That’s […]
Our analysis revealed that gains made over 2017 seemed to firm up in nearly all price brackets this year. What is the historic context for our current strong seller’s market in Lincoln? Here’s our sneak-peek look at the year in review. We’re also interested in what Lincoln looks like when compared to other neighboring towns […]
There is so little on the market in Lincoln and the pent-up demand feels palpable. Is it borne out in the data? YES! But less so in surrounding towns. One year ago, today, there were 25 single family houses on the market in Lincoln, now there are 16. That works out to only three months’ […]
There are still only 12 houses on the market in Lincoln. That is extraordinarily low inventory, which has meant higher than expected offer prices for those houses that have come onto the market this spring. There is so little on the market, and what there is makes new listings look SO GOOD, but it is […]