Here is a snapshot of real estate market for single family homes in Woburn, MA for the week of March 5th, 2012. (Source: AltosResearch)
| For Week of March 5th, 2012 | |
| Median Price | $359,900 |
| Average List Price | $392,844 |
| Average Days on Market | 152 |
| Number of Homes On Market | 77 |
| Median House Size | 1647 sq ft. |
| Market Action Index | 15.7 - 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. 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.
Here is a snapshot of real estate market for single family homes in WILMINGTON, MA for the week of March 5th, 2012. (Source: AltosResearch)
| For Week of March 5th 2012 | |
| Median Price | $399,000 |
| Average List Price | $413,615 |
| Average Days on Market | 144 |
| Number of Homes On Market | 67 |
| Median House Size | 2068 sq ft. |
| Market Action Index | 16.4 - 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.
Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook 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 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 March 5th, 2012. (Source: AltosResearch)
| |
For Week of March 5th, 2012 |
| Median Price | $349,950 |
| Average List Price | $357,720 |
| Average Days on Market | 136 |
| Number of Homes On Market | 92 |
| Median House Size | 2016 sq ft. |
| Market Action Index | 15.1 - 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.
Here is a snapshot of real estate market for single family homes in NORTH READING, MA for the week of March 5th, 2012. (Source: AltosResearch)
| |
For Week of March 5th, 2012 |
| Median Price | $452,450 |
| Average List Price | $497,336 |
| Average Days on Market | 133 |
| Number of Homes On Market | 58 |
| Median House Size | 2192 sq ft. |
| Market Action Index | 15.7 - 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.
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 March 5th, 2012. (Source: AltosResearch)
| |
For Week of March 5th, 2012 |
| Median Price | $510,000 |
| Average List Price | $554,587 |
| Average Days on Market | 187 |
| Number of Homes On Market | 98 |
| Median House Size | 2592 sq.ft. |
| Market Action Index | 15.3 - 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.
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 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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