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.
Here is a snapshot of real estate market for single family homes and condo/townhouses in WILMINGTON, MA for the week of September 14th, 2015. (Source: AltosResearch).
|Week of September 14, 2015||Single Family Homes||Condo/Townhouse|
|Median List Price||$579,900||$394,000|
|Average List Price||$573,200||$431,633|
|Average Days on Market||72||123|
|No. of Homes On Market||37||9|
|Median House Size||2,500 sq ft.||1,500 sq ft.|
|Market Action Index||
56.3 - Strong Seller's
|20.4 - Strong Buyer's
Data provided by ©2005-2014 Altos Research LLC.
The median list price in WILMINGTON, MA for single family homes this week is $579,900. The 37 properties have been on the market for an average of 72 days. Asking price per square feet is $228.
The median list price in WILMINGTON, MA for condo/townhouse this week is $394,000. The 9 properties have been on the market for an average of 123 days. Asking price per square feet is $255.