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 BURLINGTON, MA for the week of October 12th, 2015. (Source: AltosResearch).
Week of October 12th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $599,900 | $484,950 |
Average List Price | $663,342 | $452,800 |
Average Days on Market | 70 | 12 |
No. of Homes On Market | 45 | 6 |
Median House Size | 2,700 sq ft. | 1,568 sq ft. |
Market Action Index |
42.4 - Seller's Advantage |
39.4 - Seller's Advantage |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in BURLINGTON, MA for single family homes this week is $599,900. The 45 properties have been on the market for an average of 70 days. Average price per square feet is $268. The most expensive single family listing is at $1,125,000 and the least at $325,000.
The median list price in BURLINGTON, MA for condo/townhouse this week is $484,950. The 6 properties have been on the market for an average of 12 days. Average price per square feet is $260. The most expensive condo listing is at $599,000 and the least at $179,000.
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