TEWKSBURY Real Estate: Single Family Homes Week Of January 6th, 2014

By
Real Estate Agent with LAER Realty Partners

TEWKSBURY Real Estate:
Single Family Homes Week Of January 6th, 2014

Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of January 6th, 2014. (Source: AltosResearch)

  For Week of January 6th, 2014
Median Price $364,700
Average List Price $364,839
Average Days on Market 73
Number of Homes On Market 44
Median House Size 1,859 sq ft.
Market Action Index 36.4 - Seller's Advantage

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.

The median list price in TEWKSBURY, MA this week is $364,700. The 44 properties have been on the market for an average of 73 days.

Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We're already seeing prices move lower as a result. Expect this trend to continue expecially if the index falls to the Buyer's zone. Watch for a persistent up-turn in Market Action to signal prices rising again. 

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

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Massachusetts Middlesex County Tewksbury
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Rainmaker
629,751
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Very detailed market report for this town. Love the stats you share.

Jan 20, 2018 09:41 PM #1
Rainmaker
629,751
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Looks like Tewksbury market is getting hotter day by day. All the best.

Jan 20, 2018 09:41 PM #2
Rainmaker
629,751
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Median price and the average price for your market are so much more than what we have here in Columbus, OH.

Jan 20, 2018 09:41 PM #3
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