TEWKSBURY Real Estate:
Single Family Homes Week Of July 28th, 2014
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of July 28th, 2014. (Source: AltosResearch)
| For Week of July 28th, 2014 | |
| Median Price | $409,900 |
| Average List Price | $419,468 |
| Average Days on Market | 45 |
| Number of Homes On Market | 48 |
| Median House Size | 2,066 sq ft. |
| Market Action Index | 49.1 - 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 $409,900. The 48 properties have been on the market for an average of 45 days.
Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
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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