For the year end report in December 2024, the Tewksbury, MA housing market had experienced notable activity, with some interesting points here:
Median Sale Price: The median sale price for homes was reported between $595,000 and $620,000, reflecting an increase of approximately 2.5% to 4.1% from to the previous year.
Median Listing Price: The median listing price stood at $685,000, showing a year-over-year rise of 24.6%.
Median Price per Square Foot: The median price per square foot was reported between $366 and $386, showing an increase of approximately 9.8% from the prior year.
The days on Market: The homes in Tewksbury sold after an average of 20 days on the market, this with a slight decrease from 23 days the previous year.
Sales Volume: There were 25 homes sold in December 2024, up from 20 sales in December 2023, this is an indication of an 25% increase in sales activity.
These statistics highlight a dynamic and competitive real estate market in Tewksbury, with rising home prices and a very quick turnover of properties. Tewksbury Market Trends
If you are interested in a Market Value of your home or would just like a current market report email me @ https://www.debraouelletterealestate.com. This is a great time to get a jump start on a busy spring market! Call me at (978)973-2327