If you are thinking of selling your Tewksbury MA Condominium there may not be a better time than now.
An Overview of Tewksbury MA Condominiums
Tewksbury is a unique community when it comes to condominiums. Buying Tewksbury MA Real Estate in general provides many buyers easy commuter access to Boston while maintaining a relatively reasonable median house price.
But when it comes to condominiums Tewksbury has a fairly large number of condominium complexes. Starting in the 1980’s there were a large number of complexes built and today these condominiums off very affordable townhouses. The median price for a condominium in Tewksbury year to date is about 288,000.
For $288,000 a potential buyer can purchase a roughly 1150 sq foot townhouse, 1.5 baths, 2 bedrooms with one garage. This makes for some very desirable inventory for condo buyers. Complexes like Carter Green, Merrimack Meadows, Indian Ridge and more fall into this price range. This past year there has been an uptick of new condominium complexes at a higher price point being sold as well.
Why Is It a Great Time Sell Your Tewksbury Condominium
This year and part of last year we have seen Tewksbury condominiums fly off the market. Low inventory has created pent up buyer demand. We have seen a 30% increase in Tewksbury condos since a low in 2013.
While Tewksbury always has a strong condo market, now is a particular good time to sell if you have been thinking of making a move. Low inventory, increasing prices and quick market times makes this an opportune time to sell.
Below is a graph of median condominium prices in Tewksbury provided by the Massachusetts Association of Realtors with the data pulled from the Massachusetts Multiple Listing Service.
There are two ways to find out way your Tewksbury Condominium is worth.
One is a quick automatic evaluation tool that will give you an instant value on your condominium and can be accessed here.
Or, the second more accurate value is a Comparable Market Analysis prepared by me. A Comparable Market Analysis involves a 10 minute visit so I can see the condition and any upgrades to your home. I will then come back and present the analysis and discuss how I determined the price. If you would like a Comparable Market Analysis of your home call me at 978-360-0422.