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WOBURN Real Estate Market Trends: Week of February 27th, 2017

By
Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
Week of February 27th, 2017

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. The 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 WOBURN, MA for the week of February 27th, 2017. (Source: AltosResearch).

Week of February 27th, 2017 Single Family Homes Condo/Townhouse
Median List Price $499,850 $559,900
Average List Price $535,535 $448,943
Average Days on Market 74 141
No. of Homes On Market 13 7
Median House Size 1,699 sq ft. 1,800 sq ft.
Market Action Index

53.7 - Strong Seller's

49.0 - Strong Seller's

Data provided by ©2005-2017 Altos Research LLC.

The median list price in WOBURN, MA for single family homes this week is $499,850. The 13 properties have been on the market for an average of 74 days. The average asking price per square feet is $300. The most expensive single family home is listed at $789,900 and the least at $369,900. The median list price in WOBURN, MA for condo/townhouse this week is $559,900. The 7 properties have been on the market for an average of 141 days. The average asking price per square feet is $287. The most expensive condo is listed at $624,000 and the least at $169,900.

SEARCH ALL AVAILABLE WOBURN HOMES FOR SALE LIKE I DO!

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Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to share this.  It is most informative for all!  wishing your a wonderful productive week ahead!

Apr 03, 2017 09:47 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Apr 03, 2017 06:50 PM
John Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Broker, SFR - Vancouver WA Real Estate

That's excellent information on the Woburn market.  Looks like a market where buyers truly must have your information to be successful.  John and Kat

Apr 04, 2017 04:01 PM