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.
Here is a snapshot of real estate market for single family homes and condo/townhouses in WILMINGTON, MA for the week of September 14th, 2015. (Source: AltosResearch).
Week of September 14, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $579,900 | $394,000 |
Average List Price | $573,200 | $431,633 |
Average Days on Market | 72 | 123 |
No. of Homes On Market | 37 | 9 |
Median House Size | 2,500 sq ft. | 1,500 sq ft. |
Market Action Index |
56.3 - Strong Seller's |
20.4 - Strong Buyer's |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in WILMINGTON, MA for single family homes this week is $579,900. The 37 properties have been on the market for an average of 72 days. Asking price per square feet is $228.
The median list price in WILMINGTON, MA for condo/townhouse this week is $394,000. The 9 properties have been on the market for an average of 123 days. Asking price per square feet is $255.
Comments(21)