TEWKSBURY Real Estate:
Single Family Homes Week Of June 2nd, 2014
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of June 2nd, 2014. (Source: AltosResearch)
| For Week of June 2nd, 2014 | |
| Median Price | $389,950 |
| Average List Price | $406,591 |
| Average Days on Market | 31 |
| Number of Homes On Market | 50 |
| Median House Size | 1,848 sq ft. |
| Market Action Index | 42.4 - 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, MAthis week is $389,900. The 50 properties have been on the market for an average of 31 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.
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues.
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