Curtis Knight, REALTOR provides Real Estate Market trends, tips, tricks.
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Market trends, sales and home prices in the North Chelmsford MA area as of 10-25-18 .
Homes are now averaging 50 days on the market.
North Chelmsford, MA: In the past 90 days 53% of the 17 houses sold in North Chelmsford went for at or above the asking price.
Average sold price was $412,000.
As of 10-25-18 there are 17 homes currently for sale in North Chelmsford, MA
17 homes over 90 days days divided by 3 months = 5.67 houses per month.
17 houses currently available for sale divided by 5.67 houses per
month = 3 months of “inventory” ( houses available for sale.)
So we currently have 3 months worth of inventory in North Chelmsford, 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 Chelmsford 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 Monogramand singing sensation Rene Rancourt.
North Chelmsford MA Real Estate REALTOR Curtis Knight Tips Trends Market