Here is a snapshot of real estate market for single family homes in BURLINGTON, MA for the week of November
21st, 2011. (Source: AltosResearch)
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For Week of November 21st, 2011 |
| Median Price | $429,900 |
| Average List Price | $461,488 |
| Average Days on Market | 125 |
| Number of Homes On Market | 57 |
| Median House Size | 2,112 sq ft. |
| Market Action Index | 16.2 - 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 has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
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Real Estate Consultant of New Millennium serving Andover, North Andover, North Reading, Reading, Wilmington, Burlington, Woburn, Tewksbury, Worcester, Shrewsbury, Ashland, Natick, Sharon, Framingham
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