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WOBURN Real Estate Market Trends: Week of November 23rd, 2015

By
Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
 Week of November 23rd, 2015

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.

The median list price in WOBURN, MA for single family homes this week is $429,900. The 37 properties have been on the market for an average of 57 days. Asking price per square feet is $235. The most expensive single family home is listed at $829,900 and the least at $230,000. The median list price in WOBURN, MA for condo/townhouse this week is $399,999. The 25 properties have been on the market for an average of 95 days. Asking price per square feet is $276. The most expensive condo is listed at $764,900 and the least at $169,000.

SEARCH ALL AVAILABLE WOBURN HOMES FOR SALE, LIKE I DO!

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Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Market Report.

Thanks for the information on the local community sales!

Dec 07, 2015 03:46 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

What a great market Woburn has..... seller's strong market

Dec 28, 2015 02:01 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Look at market action index for both - Condos at 50+ and single family homes at 57+!

Dec 28, 2015 02:02 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median price for both - condos at close to $400K and single family homes at over $400K!

Dec 28, 2015 02:03 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

And average list price - both close to $480K! Just great for Woburn, never that high!

Dec 28, 2015 02:03 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Look at the days on market for both - close to just one month!

Dec 28, 2015 02:04 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

In fact condo's are on market for less than a month and single family homes at just above a month.

Dec 28, 2015 02:05 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Predominently, condos on market - and single family homes are about 60 on market.

Dec 28, 2015 02:05 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

If you look at the size of both - they are pretty close to each other. Shows condos are not too smaller than single family homes.

Dec 28, 2015 02:06 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Condos are in fact little more expensive - at $270+/sq ft!

Single family homes are at $235/sq ft.

Dec 28, 2015 02:07 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo is at $764K! That shows condos are as much expensive as single family homes.

Dec 28, 2015 02:07 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Overall, great market for sellers in Woburn.

Dec 28, 2015 02:08 PM