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 WOBURN, MA for the week of September 28th, 2015. (Source: AltosResearch).
Week of September 28th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $424,950 | $424,999 |
Average List Price | $435,815 | $451,294 |
Average Days on Market | 51 | 74 |
No. of Homes On Market | 46 | 32 |
Median House Size | 1,710 sq ft. | 1,562 sq ft. |
Market Action Index |
59.1 - Strong Seller's |
50.6 - Strong Seller's |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in WOBURN, MA for single family homes this week is $424,950. The 46 properties have been on the market for an average of 51 days. Asking price per square feet is $242.
The median list price in WOBURN, MA for condo/townhouse this week is $424,999. The 32 properties have been on the market for an average of 74 days. Asking price per square feet is $247.
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