The Burlington MA single family real estate summary for 2nd quarter 2013 below detail figures on average prices, number of listings, and marketing time frames for the last several years. Average sale prices provide valuable information about the condition of the market, especially when compared to past years. The volume of listings shows us market activity. Lastly, the days on market demonstrates demand. When viewed together, these 3 figures will help you determine if it is the optimal time to purchase or sell a home, how long that may take, and the price you may pay.
Single Family Real Estate Prices for Burlington MA
2nd Quarter Average Price of Homes Closed
The average sales price in Burlington MA for the 2nd quarter increased 19.13% from $391,908 to $466,887. This after it decreased -1.77% from $398,968 to $391,908. That after a -5.22% change. The recent incline is a change in direction from previous years.
| 2008 |  $380,773 |
| 2009 | $389,876 |
| 2010 | $420,937 |
| 2011 | $398,968 |
| 2012 | $391,908 |
| 2013 | $466,887 |
2nd Quarter Listing Volume
The Listing volume in Burlington MA for the 2nd quarter changed 0% from 51 to 51. In the time frame before that, it increased 24.39% from 41 to 51. Before that there was a -32.79% change. These figures exhibit no consistent pattern across the last few years.
| 2008 |  41 |
| 2009 | 42 |
| 2010 | 61 |
| 2011 | 41 |
| 2012 | 51 |
| 2013 | 51 |
2nd Quarter Average Listing Time Frame
The Average listing time frame in Burlington MA for the 2nd quarter decreased -24.14% from 87 to 66. In the time frame prior to that, it increased 3.57% from 84 to 87. Prior to that was a -1.18% change. There is no consistent pattern across the last few years.
| 2008 | 94 |
| 2009 | 89 |
| 2010 | 85 |
| 2011 | 84 |
| 2012 | 87 |
| 2013 | 66 |
Burlington MA Single Family Real Estate Summary For 2nd Quarter 2013
Interest rates are still low. Prices are continuing to rise. Now is a great time to buy before prices and rates continue to rise. Please contact me for mortgage options with as little as 3% down and NO PMI. For more Burlington MA single family real estate summary for 2nd quarter 2013 or information for neighboring cities and towns, please contact Christopher Graves, Operations Manager at Emery Federal Credit Union by calling 781-759-1200 x22 or emailing christopher.d.graves@gmail.com. Note: These figures were extracted from third parties including county records and the Massachusetts MLS Property Information Network, Inc. It is meant to offer a general overview of the real estate market, are not guaranteed accurate, and may not necessarily include every single family sold in Burlington.