TEWKSBURY Real Estate:
Single Family Homes Week Of July 1st, 2013
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of July 1st, 2013. (Source: AltosResearch)
For Week of July 1st, 2013 | |
Median Price | $369.900 |
Average List Price | $375,560 |
Average Days on Market | 117 |
Number of Homes On Market | 77 |
Median House Size | 1,956 sq ft. |
Market Action Index | 33.1 - Buyer's Slight Advantage |
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.
The median price in TEWKSBURY, MA this week is $369,900. The 77 properties have been on the market for an average of 117 days.
The Market Action Index has been trending down lately, indicating demand falling along with supply. Conditions point to mildly negative trends for the market.
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
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