Special offer

TEWKSBURY Real Estate Market Trends: Week of December 21st, 2015

By
Real Estate Agent with LAER Realty Partners
TEWKSBURY Real Estate Market Trends:
 Week of December 21st, 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 the buyer.

Here is a snapshot of real estate market for single family homes and condo/townhouses in TEWKSBURY, MA for the week of December 21st, 2015. (Source: AltosResearch).
Week of December 21st, 2015 Single Family Homes Condo/Townhouse
Median List Price $375,000 $429,900
Average List Price $403,357 $399,700
Average Days on Market 61 180
No. of Homes On Market 35 9
Median House Size 1,783 sq ft. 1,850 sq ft.
Market Action Index 48.7 - Strong Seller's 65.3 - Strong Seller's

Data provided by ©2005-2014 Altos Research LLC.

The median list price in TEWKSBURY, MA for single family homes this week is $375,000. The 35 properties have been on the market for an average of 61 days. Asking price per square feet is $211. The most expensive single family home is listed at $899,900 and the least at $174,900. The median list price in TEWKSBURY, MA for condo/townhouse this week is $429,900. The 9 properties have been on the market for an average of 180 days. Asking price per square feet is $209. The most expensive condo is listed at $539,900 and the least at $259,900.

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

Posted by

 

 

Find Praful Thakkar on FacebookPraful Thakkar on YouTubeConnect with Praful Thakkar on LinkedInFollow Praful on TwitterPraful Thakkar e-Pro 

Praful Thakkar - Logo

 

 

Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Of course, days on market for condos don't show the right picture - at 6 months. Whereas single family homes are off-market in couple of months only.

Jan 18, 2016 02:34 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Overall, great sellers market in Tewksbury - condo market is exceptionally hot.

Jan 18, 2016 02:35 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of the Single Family Homes this week in Tewksbury is $375K.

Oct 21, 2016 04:38 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of the Condo or townhomes this week in Tewksbury is $429K.

Oct 21, 2016 04:39 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

(It is rare to see condo median prices higher than that of Single Family Homes - and that's  the case here.)

Oct 21, 2016 04:39 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of the single Family Homes this week in Tewksbury is $403K

Oct 21, 2016 04:40 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of condo or townhomes this week in Tewksbury is $400K.

Oct 21, 2016 04:40 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

(And look at the average list price for both - SF and Condo - almost same.)

Oct 21, 2016 04:40 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for single family homes this week in Tewksbury is 61.

Oct 21, 2016 04:41 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for condo or townhomes this week in Tewksbury is 180.

Oct 21, 2016 04:41 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The days on the market for condos are lot higher - at the balanced market situation of 6 months! Still, it's a strong condo market in Tewksbury.

Oct 21, 2016 04:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 35 single family homes on the market this week in Tewksbury.

Oct 21, 2016 04:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are only 9 condo or townhomes on the market this week in Tewksbury.

Oct 21, 2016 04:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 1,783 sq ft in Tewksbury this week.

Oct 21, 2016 04:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,850 sq ft in Tewksbury this week.

Oct 21, 2016 04:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Did you notice that condo sq ft is more than that of the single family homes in Tewksbury this week?

Oct 21, 2016 04:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the single Family Homes this week in Tewksbury is 48.7.

Oct 21, 2016 04:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the Condo or Townhomes this week in Tewksbury is 65.3.

Oct 21, 2016 04:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for single family homes in Tewksbury this week is $211/sq ft.

Oct 21, 2016 04:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in Tewksbury this week is $209/sq ft.

Oct 21, 2016 04:44 PM