TEWKSBURY Real Estate:
Single Family Homes Week Of April 28th, 2014
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of April 28th, 2014. (Source: AltosResearch)
| For Week of April 28th, 2014 | |
| Median Price | $379,000 |
| Average List Price | $395,577 |
| Average Days on Market | 43 |
| Number of Homes On Market | 53 |
| Median House Size | 1,842 sq ft. |
| Market Action Index | 38.6 - Seller's 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 list price in TEWKSBURY, MA this week is $379,000. The 53 properties have been on the market for an average of 43 days.
Demand measured by the Market Action Index is increasing and days-on- market is holding steady. With more properties coming available, conditions are mildly positive.
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.
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