Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of February 6th, 2012. (Source: AltosResearch)
| For Week of February 6th, 2012 | |
| Median Price | $369,000 |
| Average List Price | $391,750 |
| Average Days on Market | 138 |
| Number of Homes On Market | 83 |
| Median House Size | 1,702 sq ft. |
| Market Action Index | 17.6 - 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 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.
Here is a snapshot of real estate market for single family homes in WILMINGTON, MA for the week of February 6th, 2012. (Source: AltosResearch)
| For Week of February 6th 2012 | |
| Median Price | $389,900 |
| Average List Price | $403,816 |
| Average Days on Market | 144 |
| Number of Homes On Market | 73 |
| Median House Size | 1,956 sq ft. |
| Market Action Index | 16.0 - 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.
The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening 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 WILMINGTON HOMES FOR SALE, LIKE I DO!
Here is a snapshot of real estate market for single family homes in TEWKSBURY, MA for the week of February 6th, 2012. (Source: AltosResearch)
| |
For Week of February 6th, 2012 |
| Median Price | $369,900 |
| Average List Price | $361,439 |
| Average Days on Market | 123 |
| Number of Homes On Market | 87 |
| Median House Size | 2,016 sq ft. |
| Market Action Index | 17.3 - 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 is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
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.
Here is a snapshot of real estate market for single family homes in NORTH READING, MA for the week of February 6th, 2012. (Source: AltosResearch)
| |
For Week of February 6th, 2012 |
| Median Price | $417,400 |
| Average List Price | $504,617 |
| Average Days on Market | 155 |
| Number of Homes On Market | 48 |
| Median House Size | 2,184 sq ft. |
| Market Action Index | 16.8 - 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.
Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.
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 NORTH READING HOMES FOR SALE, LIKE I DO!
Here is a snapshot of real estate market for single family homes in NORTH ANDOVER, MA for the week of February 6th, 2012. (Source: AltosResearch)
| |
For Week of February 6th, 2012 |
| Median Price | $499,900 |
| Average List Price | $537,543 |
| Average Days on Market | 190 |
| Number of Homes On Market | 77 |
| Median House Size | 2,461sq ft. |
| Market Action Index | 16.6 - 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.
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 NORTH ANDOVER HOMES FOR SALE, LIKE I DO!
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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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