The average sale price of a single family home in Woburn for the 2nd quarter of 2014 has risen about 5.3% over the average sale price during the same time period last year to $410,831. Burlington saw a large 14.5% increase in the average sale price, from $468,895 in 2013 to $536,844 in 2014. Wilmington made a 6% gain with the average sale price increasing to $406,782.
Comparisons to the first half of 2013 versus the 1st half of 2014 were in line with the 2nd quarter increases. Woburn’s average sale price increased approximately 7% from $371,876 to $398,394 and average market time decreased by 29% to an average of 62.68 days. Burlington saw an increase of almost 14% in the first half over 2013 with its average sale price hitting $509,429 while the average market time dropped from 75.42 days to 53.6 days. Wilmington’s average sale price increased 6.3% to $400,154 in the first half of 2014.
Data gathered from MLS PIN on 7/2/14