Woburn Real Estate - Week Of March 5th, 2012
Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of March 5th, 2012. (Source: AltosResearch)
||For Week of March 5th, 2012
|Average List Price
|Average Days on Market
|Number of Homes On Market
|Median House Size
||1647 sq ft.
|Market Action Index
||15.7 - Strong Buyer's
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 is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.
The market has shown some evidence of slowing recently. Both prices and inventory levels are
relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a
leading indicator for price changes.
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