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2017 Woburn Year in Review

Want to know how the Woburn, Massachusetts real estate market is doing? In this 2017 Year in Review Housing Report, we’re looking at home sales in Woburn for 2017 compared to 2016 and how the market is currently performing in that area.

As of December 31st, 2017, a total of 483 homes sold in Woburn at an average sale price of $442,403. (These numbers include single-family homes, condominiums, and multi-family sales combined). Total sales are down just under 1% from this same time period in 2016 when 487 total homes were sold, and average prices are up 9.72%, from $403,195 in 2016.

Homes Listed in Woburn:

From January 1st to December 31st, there were 460 homes listed on the market, down 7.63% compared to 498 within the same date range in 2016.

Homes Pending in Woburn:

From January 1st to December 31st, there were 429 homes that went pending (contract accepted) down 6.13% compared to 457 within the same date range in 2016.

The Woburn market is performing similarly to the trends in the overall Massachusetts 2017 Year in Review, as sales struggled to keep up and prices increased in 2017.

 

*Data provided by Warren Group and MLSPin.