In this Mid-Year Report, we’re looking at Woburn, Massachusetts home sales for the first half of 2020 versus the first half of 2019, and how the market is currently performing in that area.
As of June 30th, Woburn saw an 11.7% decrease in sales. (These numbers include single-family homes, condominiums, and multi-family sales combined). The first half of 2020 saw 197 home sales compared to 2019 when 223 total homes were sold.
Prices increased by 14.6%, now up to $559,132 compared to $487,868 in the first half of 2019.
Homes Listed in Woburn:
From January 1st to June 30th, there were 222 homes listed on the market, down by 32.1% compared to 327 within the same date range in 2019.
Homes Pending in Woburn:
From January 1st to June 30th, there were 204 homes that went pending (contract accepted) down 32.7% compared to 303 within the same date range in 2019.
The Woburn market performed similarly to Massachusetts when compared to the 2020 Mid-Year Report with diminished sales and increased prices due to the effects of COVID-19.