BURLINGTON Real Estate - Week Of October 1st, 2012

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Real Estate Agent with Keller Williams Realty
BURLINGTON Real Estate - Week Of October 1st, 2012


Here is a snapshot of real estate market for single family homes in BURLINGTON, MA for the week of October 1st, 2012. (Source: AltosResearch)

  For Week of October 1st, 2012
Median Price $419,900
Average List Price $444,049
Average Days on Market 107
Number of Homes On Market 65
Median House Size 1,990 sq ft.
Market Action Index 19.8 - 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.

Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market.

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 BURLINGTON HOMES FOR SALE, LIKE I DO!

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Topic:
Real Estate Market Trends
Location:
Massachusetts Middlesex County Burlington
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burlington real estate week of october 1st

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