Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.
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Market trends, sales and home prices in the North Billerica MA area as of 11-26-18 .
Homes are now averaging 45 days on the market.
North Billerica, MA: In the past 90 days 45% of the 20 houses sold in North Billerica went for at or above the asking price. Average sold price was $457,800.
As of 11-26-18 there are 22 homes currently for sale in North Billerica, MA
20 homes over 90 days days divided by 3 months = 6.67 houses per month.
22 houses currently available for sale divided by 6.67 houses per
month = 3.3 months of “inventory” ( houses available for sale.)
So we currently have 3.3 months’ worth of inventory in North 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 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.
North Billerica MA Real Estate REALTOR Curtis Knight Tips Trends Market