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Real Estate Market Update- Tewksbury Massachusetts, Q1 2009

By
Real Estate Agent with EXIT Realty Beatrice Associates 9506757

Tewksbury Massachusetts has remained fairly stable from last quarter.  Though prices have remaind the same days on market are starting to become less and less.  This maybe the year the market flattens out.  What the future holds, nobody really knows.

 

  • Number of Units Sold -  28
  • Average days on Market - 83
  • Median Sales Price - $309,900
  • Average Sale Price - $315,664
  • Low Price - $173,800
  • High Price - $549,900
  • Sold to List Price - 96.7%
  • Number of Units Active - 51
  • Number of Units Expired - 12

Condominium Units Sold in Tewksbury Q1 2009

  • Number of Units Sold - 20
  • Average days on Market - 185
  • Median Sales Price - $335,903
  • Average Sale Price -$304,606
  • Low Price - $176,418
  • High Price - $399,900
  • Sold to List Price - 98.8%
  • Number of Units Active - 17
  • Number of Units Expired - 8

Seller's it is still critical to prepare your home properly and price your home properly.  If you can't and don't need to sell maybe you should wait.

Buyer's there are some good deals out there.  A lot of first time buyer's are hitting the market.  Driving the first time buyers are low interest rates, the $8000 tax credit and lower prices.

Visit http://www.TewksburyMARealEstate.info  http://www.TewksburyMACondos.info

Considering a short sale in Tewksbury http://www.massachusettsshortsales.info

 

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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

 

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

 

 

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