Market Watch

A good barometer of the actual residential real estate activity is to look at how many homes have gone under agreement in a specific time period. This is where the rubber hits the pavement.

The time period is the past weekend, Friday, Saturday and Sunday until 5pm. The area is Greater Lowell, MA.

Acton, MA 1 Under Agreement:
509,000: DOM: 150 days

Billerica, MA 4 Under Agreement:
329,000: DOM: 117
379,000: DOM: 4
384,000: DOM 78
439,000: DOM: 46

Carlisle, MA NONE

Concord, MA 1 Under Agreement:
799,000: DOM 116

Chelmsford, MA 1 Under Agreement:
199,000: DOM 51

Dracut, MA 3 Under Agreement:
299,000: DOM:216
189,900: DOM 33
284,000: DOM 2

Lowell, MA 12 Under Agreement
55,000: DOM 78
69,000: DOM 96
104,900: DOM 464
135,000: DOM 98
169,000: DOM 264
199,900: DOM 130
199,900: DOM 35
CONDOS
198,500: DOM: 8
110,000: DOM:110
219,000: DOM:125
Multi Family
224,900 DOM: 38

Tewksbury, MA NONE

Tyngsboro, MA NONE

Westford, MA 1 Under Agreement
439,9000 DOM 252

TOTAL UNDER AGREEMENT this past weekend: 23
TOTAL estimated Number of 1 Family, Condo's
and Multi Families on Market: 1,389

Source: MLS.

Draw your own conclusions!

BIll McInerney, Realtor







BUYING OR SELLING? CALL BILL MCINERNEY 617 816 3933