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WOBURN Real Estate Market Trends: Week of August 31st, 2015

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Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
Single Family Homes - Week of August 31st, 2015

Here is a snapshot of real estate market for single family homes in WOBURN, MA for the week of August 31st, 2015. (Source: AltosResearch).

  For Week of  August 31st, 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.

 

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Randy Hilman REALTOR® Associate Broker
Randy Hilman Homes in partnership with Bean Group - Moultonborough, NH
Guide & Mentor to Home Buyers & Sellers

Hi Praful Thakkar.  I'm certain that home sellers and seekers in Woburn appreciate having housing data delivered to them in a clear and concise package such as yours.  Good work.   

Sep 13, 2015 03:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by Randy Hilman, Associate Broker, GRI, CBR - and your kind words.

Sep 14, 2015 02:26 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The new infographics does give a clear picture to the consumers for sure.

Sep 14, 2015 02:27 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

With just 42 homes on market, Woburn is a HOT market! Specially when the days on market are only 49! Low inventory and quick turn around time.

Sep 14, 2015 02:28 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The prices are going up - and both median and average list prices are in the vicinity of $500K - great for Woburn market.

Sep 14, 2015 02:28 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

You can see - it's not very affluent market based on the fact that there are no million dollar plus listing in Woburn at this time - the highest priced listing is at $950K.

Sep 14, 2015 02:29 PM