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 Here is a snapshot of real estate market for single family homes and condo/townhouses in WOBURN, MA for the week of November 23rd, 2015. the buyer.
(Source: AltosResearch).
Week of November 23rd, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $429,900 | $399,999 |
Average List Price | $488,149 | $479,080 |
Average Days on Market | 57 | 95 |
No. of Homes On Market | 37 | 25 |
Median House Size | 1,948 sq ft. | 1,600 sq ft. |
Market Action Index | 57.4- Strong Seller's |
50.5 - Strong Seller's |
Data provided by ©2005-2014 Altos Research LLC.
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