BURLINGTON Real Estate - Single Family Homes Week Of April 7th, 2014

By
Real Estate Agent with LAER Realty Partners
BURLINGTON Real Estate -
Single Family Homes Week Of April 7th, 2014

Here is a snapshot of real estate market for single family homes in BURLINGTON, MA for the week of  April 7th, 2014. (Source: AltosResearch)

  For Week of April 7th, 2014
Median Price $527,400
Average List Price $557,669
Average Days on Market 43
Number of Homes On Market 32
Median House Size 2,224 sq ft.
Market Action Index

42.5 - Seller's Advantage


Data provided by ©2012 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 BURLINGTON, MA this week is $527,400. The 32 properties have been on the market for an average of 43 days.

Inventory is up and Market Action is trending down recently. While days-on- market appears to be trending lower, the overall conditions are weakening a bit.

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we're in the Seller's zone. Watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.

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

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burlington real estate single family homes week of april 7th

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Rainmaker
629,551
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

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

Feb 11, 2018 08:00 PM #1
Rainmaker
629,551
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

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

Feb 11, 2018 08:00 PM #2
Rainmaker
629,551
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.

Feb 11, 2018 08:01 PM #3
Rainmaker
629,551
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

A very good market report for the single-family homes market in Burlington.

Feb 11, 2018 08:01 PM #4
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