TEWKSBURY Real Estate:
Condos/Townhomes Week Of July 21st, 2014
Here is a snapshot of real estate market for Condos/Townhomes in TEWKSBURY, MA for the week of July 21st, 2014. (Source: AltosResearch)
| For Week of July 21st, 2014 | |
| Median Price | $252,450 |
| Average List Price | $263,579 |
| Average Days on Market | 54 |
| Number of Homes On Market | 14 |
| Median House Size | 1,320 sq ft. |
| Market Action Index | 65.8 - Strong Seller's |
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 $252,450. The 14 properties have been on the market for an average of 54 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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