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 19th, 2015. (Source: AltosResearch).
Week of October 19th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $429,900 | $389,900 |
Average List Price | $453,278 | $414,267 |
Average Days on Market | 56 | 52 |
No. of Homes On Market | 41 | 33 |
Median House Size | 1,932 sq ft. | 1,496 sq ft. |
Market Action Index | 58.2 - Strong Seller's |
50.4 - 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 41 properties have been on the market for an average of 56 days. Asking price per square feet is $231. The most expensive single family home is listed at $845,000 and the least at $230,000.
The median list price in WOBURN, MA for condo/townhouse this week is $389,900. The 33 properties have been on the market for an average of 52 days. Asking price per square feet is $259. The most expensive condo is listed at $764,900 and the least at $125,000.
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