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

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4Vss
TEWKSBURY 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 TEWKSBURY, MA for the week of July 11th, 2016. (Source: AltosResearch).
Week of July 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $427,450 $339,900
Average List Price $467,453 $360,394
Average Days on Market 36 24
No. of Homes On Market 38 17
Median House Size 1,954 sq ft. 1,550 sq ft.
Market Action Index 76.6 - Strong Seller's 69.9 - 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 $427,450. The 38 properties have been on the market for an average of 36 days. The average asking price per square feet is $212. The most expensive single family home is listed at $849,900 and the least at $289,900. The median list price in TEWKSBURY, MA for condo/townhouse this week is $339,900. The 17 properties have been on the market for an average of 24 days. The average asking price per square feet is $225. The most expensive condo is listed at $629,900 and the least at $250,000.

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

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Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 38 Single Family Homes on the market this week in Tewksbury.

Sep 26, 2017 11:17 PM #8
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 1,954 sq ft in Tewksbury this week.

Sep 26, 2017 11:17 PM #9
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the single Family Homes this week in Tewksbury is 76.6.

Sep 26, 2017 11:17 PM #10
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive single-family home listing in Tewksbury this week is at $850K.

Sep 26, 2017 11:17 PM #11
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive single-family home listing in Tewksbury this week is at $290K.

Sep 26, 2017 11:17 PM #12
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the single-family homes in Tewksbury this week is $212/sq ft.

Sep 26, 2017 11:18 PM #13
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Sep 26, 2017 11:18 PM #14
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Sep 26, 2017 11:18 PM #15
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Sep 26, 2017 11:18 PM #16
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Median List Price of the Condo or townhomes this week in Tewksbury is $340K.

Sep 26, 2017 11:18 PM #17
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Average List Price of condo or townhomes this week in Tewksbury is $360K.

Sep 26, 2017 11:18 PM #18
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average days on market for condo or townhomes this week in Tewksbury is 24.

Sep 26, 2017 11:18 PM #19
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 17 condo or townhomes on the market this week in Tewksbury.

Sep 26, 2017 11:19 PM #20
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 1,550 sq ft in Tewksbury this week.

Sep 26, 2017 11:19 PM #21
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the Condo or Townhomes this week in Tewksbury is 69.9.

Sep 26, 2017 11:19 PM #22
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive condo or townhome listing in Tewksbury this week is at $630K.

Sep 26, 2017 11:19 PM #23
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive condo or townhome listing in Tewksbury this week is at $250K.

Sep 26, 2017 11:19 PM #24
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the condo or townhomes in Tewksbury this week is $225/sq ft.

Sep 26, 2017 11:19 PM #25
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Sep 26, 2017 11:19 PM #26
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Based on the median price and the average price, it seems the market for condos and townhomes is going up.

Sep 26, 2017 11:20 PM #27
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