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 BURLINGTON, MA for the week of October 5th, 2015. (Source: AltosResearch).
Week of October 5th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $589,900 | $460,000 |
Average List Price | $665,955 | $406,414 |
Average Days on Market | 62 | 27 |
No. of Homes On Market | 47 | 7 |
Median House Size | 2,700 sq ft. | 1,337 sq ft. |
Market Action Index |
41.5 - Seller's Advantage |
34.3 - Seller's Advantage |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in BURLINGTON, MA for single family homes this week is $589,900. The 47 properties have been on the market for an average of 62 days. Average price per square feet is $268.
The median list price in BURLINGTON, MA for condo/townhouse this week is $460.000. The 7 properties have been on the market for an average of 27 days. Average price per square feet is $364.
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