Burlington, MA 01803 Real Estate Market 07-09-17 | Curtis Knight, REALTOR
Call / text 978-590-5910 for questions, market updates, tips!
Market trends, sales and home prices in the Burlington MA area as of 07-09-17.
Homes are now averaging 57 days on the market.
Burlington, MA: In the past 90 days 59% of the 46 houses sold in Burlington went for at or above the asking price.
Average sold price was $556,000.
As of 07-09-17 there are 44 homes currently for sale in Burlington, MA
46 homes over 90 days days divided by 3 months = 15.3 houses per month.
44 houses currently available for sale divided by 15.3 houses per
month = 2.9 months of “inventory” ( houses available for sale.)
So we currently have 2.9 months worth of inventory in Burlington, MA. A Seller’s market.
0 – 5 months of inventory available is a Seller’s market.
5 – 7 months of inventory available is a Neutral market.
7 or more months of inventory available is a Buyer’s market.
Call / text Real Estate questions: 978-590-5910! Contact me if you want to watch instructional videos about buying or selling homes, or if you need guidance or education in buying or selling Real Estate. I am happy to help!
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Curtis Knight, Burlington MA Real Estate Agent / REALTOR provides current stats on Burlington, MA area Real Estate. Remember Curtis owns and operates CKE ~ Curtis Knight Entertainment and we have your DJ MC, Videography, Uplighting, Photography, Photo Booth, Justice of the Peace, GOBO Monogram and singing sensation Rene Rancourt.
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