Tewksbury MA Real Estate Update- March 9th – March 15th 2014

The Tewksbury MA Real Estate Update will provide you with recent information about the Tewksbury Real Estate market.  To fully understand the market talk to your local REALTOR to help you understand the information.  Currently in Tewksbury we see that inventory levels are extremely low and that prices are holding.  We are also seeing more house are going under agreement or sold then are coming on the market.  This could be a great time to sell your Tewksbury home.

Data for the Tewksbury MA Real Estate Update

Active Listings-  4 new homes were listed for sale in Tewksbury last week.  There are currently 32 homes for sale in Tewksbury at this time.  19 Single family homes, 13 condominiums and 0 multi family properties.

Price Range	# of Listings	Avg. Days on Market
200,000 – $249,999	1	6
$300,000 – $349,999	2	3
$400,000 – $449,999	1	7
Total Properties	4	Avg. 5
Lowest Price: $245,000 Median Price: $334,950 Highest Price: $410,000 Average Price: $331,225 Total Market Volume: $1,324,899

Price Changed Listings

Starting Price Range	# of Listings with Price Changes	# of Price Changes	Avg. Total Price Change %	Avg. Total Price Change $
$150,000 – $199,999	1	1	-5.41 %	-$10,000.00
Totals	1	1	-5.41 %	-$10,000.00

Pending/Under Agreement Listings- 12 homes went underagreement last week in Tewksbury MA.  Homes are coming off the market faster then they are coming on.

Price Range	# of Listings	Avg. Days on Market
$150,000 – $199,999	1	145
$200,000 – $249,999	1	89
$250,000 – $299,999	1	3
$300,000 – $349,999	4	45
$350,000 – $399,999	3	56
$400,000 – $449,999	1	10
$450,000 – $499,999	1	26
Total Properties	12	Avg. 52
Lowest Price: $167,500 Median Price: $347,900 Highest Price: $499,900 Average Price: $340,625 Total Market Volume: $4,087,500

Sold Listings-  A total of 5 homes sold between March 9th and March 15th 2014. for a median price of $419,900

Price Range	#	Avg. Dayson Market	AverageSale Price		AverageList Price	SP:LPRatio	AverageOrig Price	SP:OPRatio
$300,000 – $349,999	2	71	$327,500		$337,200	97	$337,200	97
$400,000 – $449,999	1	26	$419,900		$419,900	100	$419,900	100
$450,000 – $499,999	1	104	$470,000		$489,900	96	$489,900	96
$500,000 – $599,999	1	286	$510,000		$520,000	98	$569,900	89
Total Properties	5	Avg. 111	$410,980		$420,840	98	$430,820	96
Lowest Price: $315,000 Median Price: $419,900 Highest Price: $510,000 Average Price: $410,980 Total Market Volume: $2,054,900

See the Most Recent homes that have sold in Tewksbury MA

Your Tewksbury MA Real Estate Update was brought to you by Kevin Vitali, your Tewksbury MA REALTOR.  Thinking of buying or selling your home contact Kevin Vitali at 978-360-0422.

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