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BURLINGTON Real Estate - Week Of December 24th, 2012

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Real Estate Agent with LAER Realty Partners
BURLINGTON Real Estate - Week Of December 24th, 2012


Here is a snapshot of real estate market for single family homes in BURLINGTON, MA for the week of December 24th, 2012. (Source: AltosResearch)

  For Week of December 24th, 2012
Median Price $ 429,200
Average List Price $474,024
Average Days on Market 115
Number of Homes On Market 34
Median House Size 2,161 sq ft.
Market Action Index 19.5 - Strong Buyer's


Data provided by ©2011 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.

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on- market is increasing, these are mildly positive indications for the market.

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

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

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