North Billerica, MA 01862 Real Estate Market 11-05-18

Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.

Call / text 978-590-5910 with questions, and for market updates, tips! 

Market trends, sales and home prices in the North Billerica MA area as of 11-05-18  .
Homes are now averaging 40 days on the market.
North Billerica, MA: In the past 90 days 46% of the 26 houses sold in North Billerica went for at or above the asking price. Average sold price was $457,800.
As of 11-05-18  there are 22 homes currently for sale in North Billerica, MA

26 homes over 90 days days divided by 3 months = 8.67 houses per month.
22 houses currently available for sale divided by 8.67 houses per
month = 2.5 months of “inventory” ( houses available for sale.)
So we currently have 2.5 months’ worth of inventory in North 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 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 Billerica 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.
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