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WOBURN Real Estate Market Trends: Week of July 18th, 2016

By
Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
 Week of July 18th, 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 18th, 2016. (Source: AltosResearch).

Week of July 18th, 2016 Single Family Homes Condo/Townhouse
Median List Price $499,950 $489,900
Average List Price $534,909 $436,918
Average Days on Market 58 45
No. of Homes On Market 32 11
Median House Size 2,053 sq ft. 1,500 sq ft.
Market Action Index

65.7 - Strong Seller's

70.9- 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 $499,950. The 32 properties have been on the market for an average of 58 days. The average asking price per square feet is $252. 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 $489,900. The 11 properties have been on the market for an average of 45 days. The average asking price per square feet is $274. 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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Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 2,053 sq ft in Woburn this week.

Sep 29, 2017 10:23 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 Woburn is 65.7.

Sep 29, 2017 10:23 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single-family home listing in Woburn this week is at $930K.

Sep 29, 2017 10:23 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single-family home listing in Woburn this week is at $300K.

Sep 29, 2017 10:23 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single-family homes in Woburn this week is $252/sq ft.

Sep 29, 2017 10:23 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 Woburn is really hot.

Sep 29, 2017 10:23 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Sep 29, 2017 10:23 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.

Sep 29, 2017 10:23 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 Woburn this week.

Sep 29, 2017 10:24 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 Woburn is $490K.

Sep 29, 2017 10:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Average List Price of condo or townhomes this week in Woburn is $437K.

Sep 29, 2017 10:24 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 Woburn is 45.

Sep 29, 2017 10:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 11 condo or townhomes on the market this week in Woburn.

Sep 29, 2017 10:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 1,500 sq ft in Woburn this week.

Sep 29, 2017 10:24 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 Woburn is 70.9.

Sep 29, 2017 10:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in Woburn this week is at $640K.

Sep 29, 2017 10:24 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in Woburn this week is at $150K.

Sep 29, 2017 10:25 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the condo or townhomes in Woburn this week is $274/sq ft.

Sep 29, 2017 10:25 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 Woburn is really hot.

Sep 29, 2017 10:25 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 condos and townhomes is going up.

Sep 29, 2017 10:25 PM