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 October 12th, 2015. (Source: AltosResearch).
Week of October 12th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $429,900 | $404,999 |
Average List Price | $448,226 | $442,232 |
Average Days on Market | 50 | 77 |
No. of Homes On Market | 42 | 28 |
Median House Size | 1,740 sq ft. | 1,562 sq ft. |
Market Action Index | 56.9 - Strong Seller's |
51.6 - 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 $429,900. The 42 properties have been on the market for an average of 50 days. Asking price per square feet is $232. The most expensive single family home is listed at $930,000 and the least at $230,000.
The median list price in WOBURN, MA for condo/townhouse this week is $404,999. The 28 properties have been on the market for an average of 77 days. Asking price per square feet is $257. The most expensive condo is listed at $759,900 and the least at $129,900.
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