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TEWKSBURY Real Estate Market Trends: Week of May 18th, 2015

TEWKSBURY Real Estate Market Trends:Single Family Homes - Week of May 18th, 2015
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of May 18th, 2015. (Source: AltosResearch).
Data provided by ©2005-2014 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 $417,450. The 34 properties have been on the market for an average of 55 days.
Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market.
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.

Median Price: You can see that prices in this zip code are marching upward and that we're getting close to the market's all time high. Watch for persistent downward shift in the Market Action Index ... more

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