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

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4VsB
WOBURN 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 WOBURN, MA for the week of July 11th, 2016. (Source: AltosResearch).

Week of July 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $489,950 $394,000
Average List Price $536,906 $397,429
Average Days on Market 53 39
No. of Homes On Market 32 14
Median House Size 2,104 sq ft. 1,464 sq ft.
Market Action Index

66.3 - Strong Seller's

67.3- Strong Seller's

Data provided by ©2005-2016 Altos Research LLC.

The median list price in WOBURN, MA for single family homes this week is $489,950. The 32 properties have been on the market for an average of 53 days. The average asking price per square feet is $240. The most expensive single family home is listed at $929,900 and the least at $299,900. The median list price in WOBURN, MA for condo/townhouse this week is $394,000. The 14 properties have been on the market for an average of 39 days. The average asking price per square feet is $260. The most expensive condo is listed at $639,900 and the least at $149,900.

SEARCH ALL AVAILABLE WOBURN HOMES FOR SALE LIKE I DO!

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Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
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There are 32 Single Family Homes on the market this week in Woburn.

Sep 27, 2017 09:57 PM #11
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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 2,104 sq ft in Woburn this week.

Sep 27, 2017 09:57 PM #12
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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 Woburn is 66.3.

Sep 27, 2017 09:57 PM #13
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Praful Thakkar
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The most expensive single-family home listing in Woburn this week is at $930K.

Sep 27, 2017 09:57 PM #14
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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 Woburn this week is at $300K.

Sep 27, 2017 09:57 PM #15
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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 Woburn this week is $240/sq ft.

Sep 27, 2017 09:58 PM #16
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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 Woburn is really hot.

Sep 27, 2017 09:58 PM #17
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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 27, 2017 09:58 PM #18
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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 Woburn this week.

Sep 27, 2017 09:58 PM #19
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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 Woburn is $394K.

Sep 27, 2017 09:58 PM #20
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 Woburn is $397K.

Sep 27, 2017 09:59 PM #21
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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 Woburn is 39.

Sep 27, 2017 09:59 PM #22
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 14 condo or townhomes on the market this week in Woburn.

Sep 27, 2017 09:59 PM #23
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 1,464 sq ft in Woburn this week.

Sep 27, 2017 09:59 PM #24
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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 Woburn is 67.3.

Sep 27, 2017 09:59 PM #25
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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 Woburn this week is at $640K.

Sep 27, 2017 09:59 PM #26
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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 Woburn this week is at $150K.

Sep 27, 2017 09:59 PM #27
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 Woburn this week is $260/sq ft.

Sep 27, 2017 09:59 PM #28
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A high number of days on market and low inventory shows Condo or townhomes Market in Woburn is likely to be hot.

Sep 27, 2017 10:00 PM #29
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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 steady.

Sep 27, 2017 10:00 PM #30
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