WOBURN REAL ESTATE - Week of October 23, 2011
By Praful Thakkar, Metro Boston Homes For Sale
(LAER Realty Partners)
Woburn Real Estate - Week Of October 23, 2011 Here is a snapshot of real estate market for single family homes in Woburn, MA (Source: AltosResearch) For Week of 23rd October, 2011 Number of Homes On Market 111 Median Price $359,900 Average List Price $389,321 Average Days on Market 127 Market Action Index 12.9 - Strong Buyer's Median House Size 1,685 sq ft. 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 has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Actio...
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