BURLINGTON Real Estate Market Trends: Week of May 16th, 2016
By Praful Thakkar, Metro Boston Homes For Sale
(LAER Realty Partners)
BURLINGTON Real Estate Market Trends: Week of May 16th, 2016The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.Here is a snapshot of real estate market for single family homes and condo/townhouses in BURLINGTON, MA for the week of May 16th, 2016. (Source: AltosResearch). Week of May 16th, 2016 Single Family Homes Condo/Townhouse Median List Price $799,400 $569,000 Average List Price $775,812 $569,000 Average Days on Market 106 1 No. of Homes On Market 34 1 Median House Size 2,948 sq ft. 2,400 sq ft. Market Action Index 45.8 - Strong Seller's 53.7 - Strong Seller's Data provided by ©2005-2016 Altos Resear...
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