Billerica, MA 01821 Real Estate Market 12-04-18

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 12-04-18.
Homes are now averaging 57 days on the market.
Billerica, MA: In the past 90 days 58%of the 76 houses sold in Billerica went for at or above the asking price.

Median sold price was $455,000.
As of 12-04-18   there are 87 homes currently for sale in Billerica, MA

76 homes over 90 days days divided by 3 months = 25.34 houses per month.
87 houses currently available for sale divided by 25.34 houses per
month = 3.4 months of “inventory” ( houses available for sale.)
So we currently have 3.4 months worth of inventory in Billerica, MA.  A Seller’s market.
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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.

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