The Burlington MA single family real estate summary for January to December 2013 in this blog include information on average prices, listing volume, and marketing time frames for the last few years. Average sale price provides useful details about the condition of the real estate market, particularly when compared to previous time frames. The total number of homes sold gives us an indication of market activity. Thirdly, the number of days on market represents buyer demand. When analyzed together, these 3 figures will help you assess whether it is a good time to buy or list a property, how long that process may take, and the price you may pay.
Single Family Property Sales for Burlington MA
January To December Average Sale Price
The average selling price in Burlington MA for the January to December increased 10.9% from $399,175 to $442,685. Prior to that, it increased 4.22% from $383,018 to $399,175. Before that was a -7.17% change. These figures exhibit no consistent pattern over the past few years.
January To December Total Number Of Homes Sold
The Total number of homes sold in Burlington MA for the January to December increased 7.49% from 187 to 201. During the previous period, it increased 33.57% from 140 to 187. Before that was a -7.89% change. These figures present no consistent direction during the past few years.
January To December Average Listing Time Frame
The Average listing time frame in Burlington MA for the January to December decreased -36.89% from 103 to 65. In the time frame prior to that, it increased 7.29% from 96 to 103. Before that was a 1.05% change. The recent drop is a change from the pattern over the previous few years.
Burlington MA Single Family Real Estate Summary For January To December 2013
For additional Burlington MA single family real estate summary for January to December 2013 or reports for neighboring cities and towns, 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: These figures were pulled from third party sources including public records and the Massachusetts MLS Property Information Network, Inc. It is intended to provide a general overview of the real estate market, are not guaranteed accurate, and might not include every single family transferred in Burlington.