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BURLINGTON Real Estate - Single Family Homes Wk Of October 20th, 2014

By
Real Estate Agent with LAER Realty Partners
BURLINGTON Real Estate -
Single Family Homes Week Of October 20th, 2014

Here is a snapshot of real estate market for single family homes in BURLINGTON, MA for the week of  October 20th, 2014. (Source: AltosResearch)

  For Week of October 20th, 2014
Median Price $589,900
Average List Price $599,315
Average Days on Market 71
Number of Homes On Market 39
Median House Size 2,297 sq ft.
Market Action Index

4 - Seller's Advantage


Data provided by ©2012 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 BURLINGTON, MA this week is $589,900. The 39 properties have been on the market for an average of 71 days.

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller's Market zone and prices have been moving upward as evidence.

SEARCH ALL AVAILABLE BURLINGTON HOMES FOR SALE, LIKE I DO!

Comments (2)

Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Sellers advantage - correction: MAI is 40.0

Feb 08, 2015 12:30 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Pretty competitive market Burlington is.

Feb 08, 2015 12:31 PM