TEWKSBURY Real Estate: Single Family Homes Week Of January 13th, 2014

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Real Estate Agent with LAER Realty Partners

TEWKSBURY Real Estate:
Single Family Homes Week Of January 13th, 2014

Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of January 13th, 2014. (Source: AltosResearch)

  For Week of January 13th, 2014
Median Price $366,950
Average List Price $367,795
Average Days on Market 80
Number of Homes On Market 42
Median House Size 1,859 sq ft.
Market Action Index 36.2 - 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 $366,950. The 42 properties have been on the market for an average of 80 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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Rainer
84,534
Andre R. Aragon
Greater Tampa Real Estate Photographer - Tampa, FL
Real Estate Photographer

Hi Praful - Nice report. I was up in Tewksbury one time in the summer while doing photography in Lowell. I loved it up there. Stay warm brother ;)

Jan 17, 2014 08:48 PM #1
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 17, 2018 09:57 PM #2
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 17, 2018 09:58 PM #3
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 17, 2018 09:58 PM #4
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Andre for stopping by and your comments - really appreciate it.

Jan 17, 2018 10:09 PM #5
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, Ajay for stopping by and your comments - really appreciate it.

Jan 17, 2018 10:09 PM #6
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

You are right, the median price in this town is definitely high.

Jan 17, 2018 10:09 PM #7
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks a lot, all for stopping by and your comments - really appreciate it.

Jan 17, 2018 10:12 PM #8
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
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