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WOBURN Real Estate Market Trends: Week of January 2nd 2017

By
Real Estate Agent with LAER Realty Partners
WOBURN Real Estate Market Trends:
Week of January 2nd, 2017

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 January 2nd, 2017. (Source: AltosResearch).

Week of January 2nd, 2017 Single Family Homes Condo/Townhouse
Median List Price $549,900 $459,900
Average List Price $557,059 $486,086
Average Days on Market 92 96
No. of Homes On Market 17 7
Median House Size 2,188 sq ft. 1,826 sq ft.
Market Action Index

57.6 - Strong Seller's

50.8 - Strong Seller's

Data provided by ©2005-2017 Altos Research LLC.

The median list price in WOBURN, MA for single family homes this week is $549,900. The 17 properties have been on the market for an average of 92 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 $459,900. The 7 properties have been on the market for an average of 96 days. The average asking price per square feet is $230. The most expensive condo is listed at $624,000 and the least at $290,000.

SEARCH ALL AVAILABLE WOBURN HOMES FOR SALE LIKE I DO!

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Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

A very well thought out market report Praful Thakkar ! Lots of great info for buyers and sellers. Well done!

Jan 29, 2017 11:47 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Praful Thakkar Thank you for taking the time to share this vital real estate market insight.  This is the sort of item that buyers and sellers will find most beneficial...helping them to make informed market decisions.  Very professional!

Jan 30, 2017 09:02 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Nancy Laswick.

Feb 09, 2017 11:55 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by at this post and your comments, Jim Crawford.

This surely helps buyers and sellers in Woburn market.

Feb 09, 2017 11:55 PM