Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.
To stay on top of the latest real estate trends, come back often. Curtis Knight provides trend updates for all of his local towns on a regular basis. Market trend updates can be a great tool to use during your home search. Knowing the latest median price, days on market and more can really aid your ability to be competitive! Would you like more information? If you are buying a home, click here!
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Market trends, sales and home prices in the Chelmsford, MA area as of 02-01-19.
- Homes are now averaging 71 days on the market.
- In the past 90 days 20% of the 5 houses sold in North Chelmsford went for at or above the asking price.
- Average sold price was $438,000.
- As of 02-01-19 there are 7 homes currently for sale in North Chelmsford, MA
- 5 homes over 90 days days divided by 3 months = 1.67 houses per month.
- 7 houses currently available for sale divided by 1.67 houses per month = 4.2 months of “inventory” ( houses available for sale.)
- So we currently have 4.2 months worth of inventory in North Chelmsford, 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, North Chelmsford 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 Monogramand singing sensation Rene Rancourt.
North Chelmsford MA Real Estate REALTOR Curtis Knight Tips Trends Market