Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.Call / text 978-590-5910 for questions, market updates, tips!
Market trends, sales and home prices in the Billerica MA area as of 01-05-19.
Homes are now averaging 80 days on the market.
Billerica, MA: In the past 90 days 50%of the 42 houses sold in Billerica went for at or above the asking price.
Median sold price was $500,000.
As of 01-05-19 there are 61 homes currently for sale in Billerica, MA
42 homes over 90 days days divided by 3 months = 14 houses per month.
61 houses currently available for sale divided by 14 houses per
month = 4.4 months of “inventory” ( houses available for sale.)
So we currently have 4.4 months worth of inventory in Billerica, 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 or if you need guidance or education in buying or selling Real Estate. I am happy to help!
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Curtis Knight, Billerica MA Real Estate Agent / REALTOR provides current stats on Billerica, 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.