WOBURN Real Estate Market Trends: Week of April 25th, 2016
By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
WOBURN Real Estate Market Trends:Week of April 25th, 2016The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.Here is a snapshot of real estate market for single family homes and condo/townhouses in WOBURN, MA for the week of April 25th, 2016. (Source: AltosResearch). Week of April 25th, 2016 Single Family Homes Condo/Townhouse Median List Price $449,900 $407,450 Average List Price $479,045 $447,175 Average Days on Market 45 67 No. of Homes On Market 29 12 Median House Size 1,858 sq ft. 1,746 sq ft. Market Action Index 62.3- Strong Seller's 57.5 - Seller's Advantage Data provided by ©2005-2014 Altos Resear...