Burlington Real Estate - Week Of November 7th, 2011
Here is a snapshot of real estate market for single family homes in Burlington, MA for the week of November 7th, 2011. (Source: AltosResearch)
| For Week of November 7th, 2011 | |
| Number of Homes On Market | 69 |
| Median Price | $409,900 |
| Average List Price | $447,277 |
| Average Days on Market | 117 |
| Market Action Index | 13.6 - Strong Buyer's |
| Median House Size | 2,072 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 lately and days-on-market are remaining same. These are very mild positive indicator for coming months.
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