Tewksbury Real Estate - Week Of October 31st, 2011
Here is a snapshot of real estate market for single family homes in Tewksbury, MA for the week of October 31st, 2011. (Source: AltosResearch)
| For Week of 31st October, 2011 | |
| Number of Homes On Market | 109 |
| Median Price | $314,900 |
| Average List Price | $346,332 |
| Average Days on Market | 136 |
| Market Action Index | 14.7 - Strong Buyer's |
| Median House Size | 2,080 sq ft. |
Data provided by ©2011 Altos Research LLC.
The 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.
Inventory has been lightening and Market Index has been trending up. Though days-on-market are increasing these are mildly positive indications for the market.
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