Woburn Real Estate - Week Of March 12th, 2012


Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of March 12th, 2012. (Source: AltosResearch)

  For Week of March 12th, 2012
Median Price $359,000
Average List Price $402,256
Average Days on Market 153
Number of Homes On Market 87
Median House Size 1668 sq ft.
Market Action Index 15.5 - 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 and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

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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This post has been included in Massachusetts Real Estate News Middlesex County, MA Real Estate News Woburn, MA Real Estate News
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7 Comments on WOBURN REAL ESTATE - Week of March 12th, 2012

MAR
18
2012
603,374 Points

Hi Prayful,  thanks for the snapshot market report.always enjoy viewing stats on other locations.
10:54pm • #1
MAR
19
2012
1,547,880 Points 281 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Good morning, Praful....just stopped by to say hi and hope you're doing well....
3:38am • #2
MAR
23
2012
1,171,837 Points 38 Featured Posts Localism Sponsor Outside Blog Called Shot Master

At least it is a steady market. Stay enlightened by life! :)
7:53pm • #3
771,256 Points 70 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Wow that is a strong buyers' market.  Hopefully they will be out in force taking advantage of it.
9:15pm • #4
MAR
24
2012
878,940 Points 74 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Praful,  Just stopping by to say hello!  Buyers looking for single family homes in Woburn, MA are looking at tremendous opportunity.  They definitely want to contact Praful Thakkar for all of their Andover real estate needs.

 
12:56pm • #5
886,730 Points 47 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Praful, that is definitely a strong buyer's market. This is great information gathered from the data you have received. Woburn MA is a great place to invest in real estate right now.

Sharon
8:36pm • #6
MAR
25
2012
655,834 Points 3 Featured Posts Outside Blog Called Shot Master

Praful,

It takes buyers to make the market!  ;-)

Ann Hayden in Wildwood, MO

 
8:39pm • #7


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