Woburn, MA 01801 Real Estate  Market 05-21-18

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 Woburn MA area as of 05-21-18 .
Homes are now averaging 32 days on the market.
Woburn, MA: In the past 90 days 56% of the 32 houses sold in Woburn went for at or above the asking price.

Average sold price was $474,000.
As of 05-21-18  there are 32 homes currently for sale in Woburn, MA

32 homes over 90 days days divided by 3 months = 10.7 houses per month.
32 houses currently available for sale divided by 10.7 houses per
month = 3.0 months of “inventory” ( houses available for sale.)
So we currently have 3.0 months worth of inventory in Woburn, 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!

LAER  Realty Partners. Local Agents Extraordinary Results.

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