Tewksbury, MA

Meeting today with legislative officials to discuss a state-wide electronic land recording platform. Keep your fingers crossed.

Single Family Units Sold in Tewksbury MA Quarter 2 2009

• Number of Units Sold - 44
• Average days on Market - 100
• Median Sales Price - $308,000
• Average Sale Price - $309,000
• Low Price - $165,000
• High Price - $483000
• Sold to List Price - 97%
• Number of Units Active - 51
• Number of Units Expired - 10

Condominium Units Sold in Tewksbury Q2 2009

• Number of Units Sold - 26
• Average days on Market - 134
• Median Sales Price - $249,000
• Average Sale Price -$269000
• Low Price - $187,000
• High Price - $3387,000
• Sold to List Price - 97%
• Number of Units Active - 39
  
• Number of Units Expired - 2

• Number of Units Sold - 28
• Average days on Market - 83
• Median Sales Price - $309,900
• Average Sale Price - $315,664
• Low Price - $173,800
• High Price - $549,900
• Sold to List Price - 96.7%
• Number of Units Active - 51
• Number of Units Expired - 12

Condominium Units Sold in Tewksbury Q1 2009

• Number of Units Sold - 20
• Average days on Market - 185
• Median Sales Price - $335,903
• Average Sale Price -$304,606
• Low Price - $176,418
• High Price - $399,900
• Sold to List Price - 98.8%
• Number of Units Active - 17
  
• Number of Units Expired - 8

Tewksbury, Massachusetts recorded a gain in the number of sales of single-family homes last quarter, as compared to Q1 2008 and Q1 2007. During the first quarter of 2009, 30 homes sold. This represents an increase of 7.14 percent from the 28 sales of Q1 2008, and is 15.38 percent more than the 26 sales during the first quarter of 2007.

The median price of single-family homes in Tewksbury dropped from the first quarter last year, down from $326,000 to $307,450 in Q1 2009, and a decline of 5.69 percent. Last quarter’s median price is 15.76 percent below Q1 2006.

On average, Tewksbury single-family homes spent less days on the market than they have in the previous three years. While averaging 112 days last quarter, single-family homes averaged 134 days, or 16.42 percent more time on the market during the first quarter of 2008.

Tewksbury, MA Real Estate Market Data

Median Price Number of Sales Days on the Market

Q1 2006: $364,950 36 122
Q1 2007: $371,750 26 153
Q1 2008: $326,000 28 134
Q1 2009: $307,450 30 112

Search for homes in Tewksbury, MA

Apsorption rate for single family homes in Tewksbury Massachusetts. The lower end of the market is moving briskly while the higher end has been stagnate.

This tool is used for sellers to gain insight into how long it may take to sell a home priced in a certain price bracket. This is just a guide for sellers in Tewksbury MA and a real estate agent shoul dbe consulted to gain insight into the data.

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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.

I pride myself in the quality of my work while helpingbuyers and sellers make dreams come true.

Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury

Members of Free Christian Church in Andover Massachusetts who live or work in the town of Tewksbury Massachusetts will be in front of the Market Basket at Oakhurst Plaza between 5-8pm tonight and 9am to 12 pm tomorrow. They will be handing out a list of items that has been requested by the Tewksbury Food Pantry to anyone who would like to give a helping hand.

The Tewksbury Food Pantry is currently helping about 150 local families a month that need a little help in this turbulent economic environment. If you can and want to help please stop by and participate.