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TEWKSBURY REAL ESTATE - Week of April 16th, 2012

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Real Estate Agent with LAER Realty Partners
TEWKSBURY Real Estate - Week Of April 16th, 2012


Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of April 16th, 2012. (Source: AltosResearch)


For Week of April 16th, 2012
Median Price $360,000
Average List Price$364,890
Average Days on Market109
Number of Homes On Market99
Median House Size1972 sq ft.
Market Action Index15.4 - 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 up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.

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.

SEARCH ALL AVAILABLE TEWKSBURY HOMES FOR SALE, LIKE I DO!

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