Woburn 2018 Mid-Year Report
Want to know how the Woburn, Massachusetts real estate market is doing? In this Mid-Year Report, we’re looking at home sales in Woburn for the first half of 2017 versus the first half of 2018 and how the market is currently performing.
As of June 30th, a total of 161 homes sold in Woburn at an average sale price of $460,834. (These numbers include single-family homes, condominiums, and multi-family sales combined). Sales are down from this same time period in 2017 when 216 homes were sold at an average sale price was $424,704. Sales were down in single families and condos, and multi-family sales were up. Prices increased in every category.
Homes Listed in Woburn:
From January 1st to June 30th, there were 250 homes listed on the market compared to 256 within the same date range in 2017, consistent with the trends for the rest of the state.
Homes Pending in Woburn:
From January 1st to June 30th, there were 219 homes that went pending (contract accepted) compared to 227 within the same date range in 2017.
The market in Woburn and the surrounding communities are experiencing the same slight decreases in home sales and increases in average price as the rest of Massachusetts, as explained in our 2018 Massachusetts Mid-Year Report.