WOBURN REAL ESTATE - Week of March 12th, 2012

By
Real Estate Agent with Keller Williams Realty
Woburn Real Estate - Week Of March 12th, 2012


Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of March 12th, 2012. (Source: AltosResearch)

  For Week of March 12th, 2012
Median Price $359,000
Average List Price $402,256
Average Days on Market 153
Number of Homes On Market 87
Median House Size 1668 sq ft.
Market Action Index 15.5 - Strong Buyer's


Data provided by ©2011 Altos Research LLC.

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

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

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Rainmaker
980,417
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Prayful,  thanks for the snapshot market report.always enjoy viewing stats on other locations.

Mar 18, 2012 10:54 PM #1
Rainmaker
2,111,086
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Praful....just stopped by to say hi and hope you're doing well....

Mar 19, 2012 03:38 AM #2
Rainmaker
1,570,980
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Authentic Feng Shui Expert

At least it is a steady market. Stay enlightened by life! :)

Mar 23, 2012 07:53 PM #3
Rainmaker
914,195
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Wow that is a strong buyers' market.  Hopefully they will be out in force taking advantage of it.

Mar 23, 2012 09:15 PM #4
Ambassador
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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - San Jose Probate Agent

Praful,  Just stopping by to say hello!  Buyers looking for single family homes in Woburn, MA are looking at tremendous opportunity.  They definitely want to contact Praful Thakkar for all of their Andover real estate needs.

 

Mar 24, 2012 12:56 PM #5
Rainmaker
980,981
Sharon Alters
Coldwell Banker Vanguard Realty - Fleming Island, FL
Your Fleming Island Relocation Agents.

Praful, that is definitely a strong buyer's market. This is great information gathered from the data you have received. Woburn MA is a great place to invest in real estate right now.

Sharon

Mar 24, 2012 08:36 PM #6
Rainmaker
720,734
Ann Hayden
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Wildwood, MO
SelectAnn.com

Praful,

It takes buyers to make the market!  ;-)

Ann Hayden in Wildwood, MO

 

Mar 25, 2012 08:39 PM #7
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
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