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BURLINGTON Real Estate Market Trends: Week of July 11th, 2016

By
Real Estate Agent with LAER Realty Partners
BURLINGTON Real Estate Market Trends:
 Week of July 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. The 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 July 11th, 2016. (Source: AltosResearch).
Week of July 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $722,500 $515,000
Average List Price $713,306 $424,633
Average Days on Market 75 21
No. of Homes On Market 50 3
Median House Size 2,837 sq ft. 1,617 sq ft.
Market Action Index

50.5 - Strong Seller's

60.1 - Strong Seller's

Data provided by ©2005-2016 Altos Research LLC.

The median list price in BURLINGTON, MA for single family homes this week is $722,500 The 50 properties have been on the market for an average of 75 days. The average price per square feet is $270. The most expensive single family listing is at $1,295,000 and the least at $307,000. The median list price in BURLINGTON, MA for condo/townhouse this week is $515,000. The 3 properties have been on the market for an average of 21 days. The average price per square feet is $262. The most expensive condo  listing is at $208,999 and the least at $549,900.

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

There are 50 Single Family Homes on the market this week in Burlington.

Aug 28, 2017 10:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A low number of days on market and low inventory shows Single Family Market in Burlington is really hot.

Aug 28, 2017 10:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Based on the median price and the average price, it seems the market for single family homes is going up.

Aug 28, 2017 10:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single family homes in Burlington this week is $270/sq ft.

Aug 28, 2017 10:15 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home listing in Burlington this week is at $307K.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in Burlington this week is at $1,295K.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the single Family Homes this week in Burlington is 50.5.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,837 sq ft in Burlington this week.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Let me continue with the market trends for condo or townhomes in Burlington this week.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Median List Price of the Condo or townhomes this week in Burlington is $515K.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Average List Price of condo or townhomes this week in Burlington is $425K.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for condo or townhomes this week in Burlington is 21.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 3 condo or townhomes on the market this week in Burlington.

Aug 28, 2017 10:16 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,617 sq ft in Burlington this week.

Aug 28, 2017 10:17 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the Condo or Townhomes this week in Burlington is 60.1.

Aug 28, 2017 10:17 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in Burlington this week is at $550K.

Aug 28, 2017 10:17 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in Burlington this week is at $209K.

Aug 28, 2017 10:17 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the condo or townhomes in Burlington this week is $262/sq ft.

Aug 28, 2017 10:17 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A low number of days on market and low inventory shows Condo or townhomes Market in Burlington is really hot.

Aug 28, 2017 10:18 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Based on the median price and the average price, it seems the market for condo and townhomes is steady.

Aug 28, 2017 10:18 PM