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WOBURN Real Estate Market Trends: Week of January 11th, 2016

By
Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
 Week of January 11th, 2016

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 January 11th, 2016. (Source: AltosResearch).

Week of January 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $459,900 $519,900
Average List Price $500,253 $542,060
Average Days on Market 74 149
No. of Homes On Market 19 15
Median House Size 1,900 sq ft. 1,600 sq ft.
Market Action Index

52.7- Strong Seller's

41.5 - Seller's Advantage

Data provided by ©2005-2014 Altos Research LLC.

The median list price in WOBURN, MA for single family homes this week is $459,900. The 19 properties have been on the market for an average of 74 days. Asking price per square feet is $257. The most expensive single family home is listed at $799,900 and the least at $279,900. The median list price in WOBURN, MA for condo/townhouse this week is $519,900. The 15 properties have been on the 49market for an average of 126 days. Asking price per square feet is $305. The most expensive condo is listed at $764,900 and the least at $269,900.

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

Comments (19)

Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Praful I always enjoy your Woburn Stats because I used to have an office there many moons ago...nice trend....Endre

Feb 07, 2016 03:54 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Endr - Woburn has come long way - such a huge jump in prices.

Mar 04, 2016 01:29 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

In fact, condo median price itself is above $500K - at $519K

Mar 04, 2016 01:29 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average list price of single family homes is above $500K - however, median list price is lower - at $460K.

Mar 04, 2016 01:30 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Days on market for single family homes are low - at 74 compared to almost double for condo/townhomes, though.

Mar 04, 2016 01:30 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Inventory is low - only 19 single family homes and 15 condos on market.

Mar 04, 2016 01:31 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for single family homes is very strong seller's - at almost 53 and that for condos is - just seller's advantage.

Mar 04, 2016 01:31 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The sizes of the homes are almost identical when we look at the average home size or condo sizes.

Mar 04, 2016 01:32 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Condos are, though,, going at $305/sq ft - much higher than single family homes.

Mar 04, 2016 01:33 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Single Family homes are prices at $257/sq ft - moderate gain.

Mar 04, 2016 01:33 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Overall, great market for single family homes - and good marker for condos in Woburn in the week of January 11th, 2016.

Mar 04, 2016 01:34 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 1,900 sq ft in Woburn this week.

Mar 29, 2017 10:34 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 1,600 sq ft in Woburn this week.

Mar 29, 2017 10:34 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the single family homes in Woburn this week is $257/sq ft.

Mar 29, 2017 10:35 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average price for condo or townhomes in Woburn this week is $305/sq ft.

Mar 29, 2017 10:35 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive single family home listing in Woburn this week is at $800K.

Mar 29, 2017 10:35 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive single family home listing in Woburn this week is at $280K.

Mar 29, 2017 10:35 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive condo or townhome listing in Woburn this week is at $765k.

Mar 29, 2017 10:36 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive condo or townhome listing in Woburn this week is at $270K.

Mar 29, 2017 10:36 PM