The Burlington real estate market remains strong. Figures from the second quarter of 2013 indicate that homes are selling more quickly and for higher prices. The Burlington MA single family property sales report for 2nd quarter 2013 in this blog include figures on average sales, number of listings, and marketing time frames for the previous several years. Average selling price offers valuable information about the condition of the market, particularly when analyzed in relation to previous time frames. The volume of listings gives us an indication of how active a market may be. Thirdly, the number of days on market reflects buyer demand. When analyzed together, these three figures will help you decide if it is a good time to buy or sell a property, how long that may take, and how much you may pay.
Single Family Real Estate Sales for Burlington MA
2nd Quarter Average Selling Price
The average price in Burlington MA for the 2nd quarter increased 19.13% from $391,908 to $466,887. In the time frame prior to that, it decreased -1.77% from $398,968 to $391,908. That after a -5.22% change. The recent increase is a change in direction from previous years.
2nd Quarter Listing Volume
The Listing volume in Burlington MA for the 2nd quarter changed 0% from 51 to 51. During the previous period, it increased 24.39% from 41 to 51. Previous to that there was a -32.79% change. There is no consistent direction across the past few years.
2nd Quarter Average Days On Market
The Average days on market in Burlington MA for the 2nd quarter decreased -24.14% from 87 to 66. This after it increased 3.57% from 84 to 87. Prior to that there was a -1.18% change. These figures exhibit no consistent pattern over the past few years.
Burlington MA Single Family Property Sales Report For 2nd Quarter 2013
For more Burlington MA single family property sales report for 2nd quarter 2013 or information for neighboring communities, please contact Peter DaMore, Attorney at Law Offices of Peter T. DaMore Jr. by calling 781-229-7900 or emailing firstname.lastname@example.org. Note: This information was extracted from third party sources including county records and the MA MLS Property Information Network, Inc. They are intended to offer a general overview of the real estate market, are not guaranteed, and might not include every single family sold in Burlington.