Special offer

WOBURN Real Estate Market Trends: Week of august 24th, 2015

By
Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
Single Family Homes - Week of august 24th, 2015

Here is a snapshot of real estate market for single family homes in WOBURN, MA for the week of august 24th, 2015. (Source: AltosResearch).

  For Week of  august 24th, 2015
Median List Price $431,650
Average List Price $478,633
Average Days on Market 46
No. of Homes On Market 42
Median House Size 1,862 sq ft.
Market Action Index

62.4 -  Strong Seller's

Data provided by ©2005-2014 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 WOBURN, MA this week is $431,650. The 42 properties have been on the market for an average of 46 days.

 

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

Posted by

 

 

Find Praful Thakkar on FacebookPraful Thakkar on YouTubeConnect with Praful Thakkar on LinkedInFollow Praful on TwitterPraful Thakkar e-Pro 

Praful Thakkar - Logo

 

 

Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Excellent look at Woburn Real Estate Praful. I always enjoy your reports.

Sep 07, 2015 03:01 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by Noah Seidenberg . Appreciate it.

Sep 07, 2015 02:09 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

This time, I have added inforgraphics. Is it too big?

Sep 07, 2015 02:09 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

I know picture is worth 1000 words - however, should this be sufficient or I should write more?

Sep 07, 2015 02:11 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Woburn is still strong seller's market with Market Action Index of over 60.

Sep 18, 2015 03:53 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

(Balanced market has market action index of 30 - and for Woburn, the current market action index is 60!)

Sep 18, 2015 03:53 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median and Average List Prices are going down a bit - both under $500K! Is that an indictor of what's coming later this year?

Sep 18, 2015 03:54 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

With just 42 homes on market, the inventory is low. Chances are market will still remain hot!

Sep 18, 2015 03:55 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

And with only 46 days on market, it is possible that homes still sell quickly.

A good sign for sellers? May be.

Sep 18, 2015 03:56 PM