Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.
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Market trends, sales and home prices in the Burlington MA area as of 01-04-19 .
Homes are now averaging 54 days on the market.
Burlington, MA: In the past 90 days 47% of the 43 houses sold in Burlington went for at or above the asking price. Average sold price was $550,000.
As of 01-04-19 there are 55 homes currently for sale in Burlington, MA
43 homes over 90 days days divided by 3 months = 14.34 houses per month.
55 houses currently available for sale divided by 14.34 houses per
month = 3.8 months of “inventory” ( houses available for sale.)
So we currently have 3.8 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.
Burlington MA Real Estate REALTOR Curtis Knight Tips Trends Market