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Woburn, MA Real Estate News

By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Click  on Woburn Foreclosures to view MLS foreclosed (bank owned) listings and short sale opportunities. Single family, condominiums, multi-family and land listings will populate a map in Quincy, MA.    Visit the Woburn MA Virtual Homes web site at www.woburnmarealestate.com To view foreclosures in other Massachusetts communities: Click here and the Virtual Homes MLS Map Search map will appear. Type in a town in Quick City Search.  A map of the town will appear with all properties listed shown on the map.  Select foreclosures under the Popular Search option.  Foreclosed (bank owned) and short sale opportunities will be shown. The VirtualHomesMLS tool provides a map based search of all MLS listings.  Search by town,keyword phrases, price, location or specific criteria.  Take advantage of...
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By Lisa Coates, Residential Home Sales Specialist
(Level Ten Construction Consultants)
  Fact: People want to and in some cases have to buy and sell real estate during the holiday season. Fact: More buyers work with Realtors when searching for a new home. Fact: Homes listed with a Realtor sell for higher prices, in shorter time and are smoother transactions.   Question: So with all the facts above why do people seem to think waiting until the spring is a better time to list their homes? Answer: It has always amazed me that people want to wait until the spring to put thier home on the market. There are many benefits to listing your home for sale during the holidays compared to waiting til Spring Reasons to List Now: Only serious buyers will drag out during in-climate weather Less inventory to compete with Homes are decorated beautifully Less interruptions during family tim...
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By Mike Batty
(Avion Realty)
Woburn's single family home sales market showed some early seasonal volume strength but has weakened in the past two months. With August sales numbers in, volume is low, but prices remained level in August. The graph below shows a line for the median price and bars for the numbers of homes sold.   In the Single Family market, there were 81 properties listed September 1. This represents a 22% decrease in inventory from the same time last year. Sales volume in August was again lower than last year with only 14 homes sold. Median sales prices weakened somewhat. It remains to be seen if the market can maintain strength as we move into fall. In August the average time on market dropped to 81 days. Currently we have less than a 6 month supply of property which indicates that the Woburn market...
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First a review of where we came from. For Woburn, the market volume peaked in 2003 and prices peaked in 2005, at an annual median price of $397,750. Prices have shown about an 11% pullback since that time. The number of homes sold in 2003 was 254. In 2007, 195 homes sold so the volume has fallen off 23%. So far in the first half of 2008 there have only been 107 sales, so the market volume is low. There is a strong seasonal effect on the Woburn market with Q1 (Jan, Feb, Mar) and Q4 (Oct, Nov, Dec) being the volume and price lows. This seasonality should be taken into account when looking at any monthly data. 2008 Q1 volume was very low, but Q2 was stronger so the strong summer trend seems to be holding. Generally there have been fewer homes on the market this year. With sellers holding h...
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By Joanna Schlansky
(Showcase of Homes, Realtors)
Woburn, Massachusetts Real Estate Market Report October to December 2007 For the last quarter of 2007 there were 62 homes that sold in Woburn, MA. This is the down from 92 homes in Woburn, MA for the same quarter the previous year, the last quarter of 2006.The Average sale price for the homes that closed in Woburn, MA from October to December of 2007 was $311,411 which is down from $351,345 for the last quarter of 2006.  This is up from the same quarter five years ago, $306,418** The above information is for single family homes only and do not include condo's or Multi-family homes in Woburn, MA.----------------------------------------------------------If you are thinking of purchasing a property, remember that in today's competitive real estate market, timing is everything.  Many good h...
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Woburn, Massachusetts - Woburn, MA was settled in 1640 and is located about fifteen miles north of Boston.  It has a good location being along route 128 and just west of route 93.  Neighboring towns include Burlington, Stoneham, Lexington and Winchester.  Some major routes passing through Woburn are route route 95, route 128 and route 38.Add your Woburn business to the Woburn Business Directory at DailyHomeOwner.comWoburn average home sale price for August through October of 2007 was about $328,000 compared to $323,000 for May through July of 2007.There were 64 home sales in Woburn for August through October of 2007 compared to 113 for the prior three months.Useful Woburn, MA links:Town of Woburn Official Website Woburn, MA real estate videos Woburn Public Library  Woburn, MA at DailyHo...
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