TEWKSBURY Real Estate:
Condos/Townhomes Week Of June 23rd, 2014
Here is a snapshot of real estate market for Condos/Townhomes in TEWKSBURY, MA for the week of June 23rd, 2014. (Source: AltosResearch)
For Week of June 23rd, 2014 | |
Median Price | $254,900 |
Average List Price | $267,416 |
Average Days on Market | 41 |
Number of Homes On Market | 19 |
Median House Size | 1,274 sq ft. |
Market Action Index | 55.0 - 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 $254,900. The 19 properties have been on the market for an average of 41 days..
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 been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller's zone, it is not surprising that prices have recently resumed their climb.
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