WOBURN Real Estate Market Trends: Week of December 26th 2016

Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
Week of December 26th, 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 December 26th, 2016. (Source: AltosResearch).

Week of December 26th, 2016 Single Family Homes Condo/Townhouse
Median List Price $479,900 $454,900
Average List Price $543,153 $481,450
Average Days on Market 84 78
No. of Homes On Market 19 8
Median House Size 2,104 sq ft. 1,813 sq ft.
Market Action Index

59.6 - Strong Seller's

52.4 - 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 $479,900. The 19 properties have been on the market for an average of 84 days. The average asking price per square feet is $237. The most expensive single family home is listed at $799,900 and the least at $349,900. The median list price in WOBURN, MA for condo/townhouse this week is $454,900. The 8 properties have been on the market for an average of 78 days. The average asking price per square feet is $247. The most expensive condo is listed at $624,000 and the least at $290,000.


Comments (6)

Mayra Espinosa Realtor San Mateo Pacifica Homes
Mayra Espinosa Broker- Realtor | Call 650-996-8961 - Pacifica, CA
San Mateo County Real Estate | Buy | Sell | Invest

Hi Praful,

It looks like the real estate market in Woburn has a low inventory and high demand with only 19 single family homes listed and eight condo. Nice report!

Jan 23, 2017 09:36 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks for stopping by at this post and your comments, Mayra Espinosa Broker - Realtor.

Indeed it is a very hot market this winter - hardly any homes for sale!

Jan 23, 2017 09:50 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wow Woburn has come a long way since I had my office there Praful. On a side note on Main St  there was a coffee shop on street level and my office was on the second floor facing the cemetery is that shop still there? Endre

Jan 23, 2017 09:54 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Praful.  Thanks for keeping us updated with the Woburn real estate market.

Jan 24, 2017 04:04 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Praful...this is great real estate informaton on the Woburn, MA market. Both buyers and sellers will find this information very useful. 

Jan 24, 2017 06:59 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Anyone thinking of buying or selling a home in your area should call you.

Jan 26, 2017 04:56 AM