BURLINGTON Real Estate - Single Family Homes Week Of April 28th, 2014

By
Real Estate Agent with LAER Realty Partners
BURLINGTON Real Estate -
Single Family Homes Week Of April 28th, 2014

Here is a snapshot of real estate market for single family homes in BURLINGTON, MA for the week of  April 28th, 2014. (Source: AltosResearch)

  For Week of April 28th, 2014
Median Price $499,900
Average List Price $524,609
Average Days on Market 44
Number of Homes On Market 37
Median House Size 1,978 sq ft.
Market Action Index

42.2 - 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 $499,900. The 37 properties have been on the market for an average of 44 days.

Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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

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Ambassador
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1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Praful,

A concise snapshot of the real estate market in Burlington!  

May 09, 2014 12:32 PM #1
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 21, 2018 08:14 AM #2
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 21, 2018 08:14 AM #3
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 21, 2018 08:40 AM #4
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 21, 2018 08:41 AM #5
Rainmaker
629,551
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

I like the idea of Market Action Index - gives clear picture of the market here.

Feb 21, 2018 08:41 AM #6
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
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