Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of March 5th, 2012. (Source: AltosResearch)

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 is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

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!

Woburn Real Estate 03-12-2012

MARKET REPORT

Average list Price $412,397

Average days on market 130

Single family homes listed 94

Single families under agreement 15

Single families sold 10

New listings (last 30 days) 27

Current market conditions show 27 new properties listed though only 15 properties are currentlyy under agreement. This trend indicates a buyers market; however, new listings (or the supply) often increases sharply in the early spring and is followed by stronger demand in the summer. I guess we will have to see if low rates and a slightly better employment will bring more spring buyers.

Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of February 20th, 2012. (Source: AltosResearch)

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 is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

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!

Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of February 6th, 2012. (Source: AltosResearch)

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 decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications 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 WOBURN HOMES FOR SALE, LIKE I DO!