TEWKSBURY Real Estate:
Single Family Homes Week Of July 8th, 2013
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of July 8th, 2013. (Source: AltosResearch)
| For Week of July 8th, 2013 | |
| Median Price | $349.900 |
| Average List Price | $363,921 |
| Average Days on Market | 110 |
| Number of Homes On Market | 71 |
| Median House Size | 1,900 sq ft. |
| Market Action Index | 35.3 - 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 $349,900. The 71 properties have been on the market for an average of 110 days.
Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.
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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