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 BURLINGTON, MA for the week of January 11th, 2016. (Source: AltosResearch).
The median list price in BURLINGTON, MA for single family homes this week is $829,000. The 33 properties have been on the market for an average of 113 days. Average price per square feet is $267. The most expensive single family listing is at $1,595,000 and the least at $349,900.
The median list price in BURLINGTON, MA for condo/townhouse this week is $475,000. The 5 properties have been on the market for an average of 38 days. Average price per square feet is $351. The most expensive condo listing is at $490,000 and the least at $179,900.
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