2015 Full Year Condo Market Statistics For Waltham MA

The condo market continues to improve in Waltham.

Home sales statistics can tell you quite a bit about the condition of a particular market. Patterns can shift regularly, so it is helpful to remain up to date if you are contemplating listing or purchasing in Waltham. The 2015 full year condo market statistics for Waltham MA below details some of the latest sales figures.

Prices of Condo Properties in Waltham MA

Average selling prices give a general indication of what is happening in the market. For full year 2015, condo real estate in Waltham MA had an average sale price of 400945. During the prior year, the average sales price was $352,258. It increased 13.82 %. Before that, the average was $337,476.

2015 $400,945
2014 $352,258
2013 $337,476

Waltham MA Listing Activity

Reviewing listing volume can give you some hints about the market. Low figures normally indicate little inventory, which may result in a build up of demand and boost prices. This is typically present in a sellers market. On the other hand, high inventory may create an excess. Buyers may have the advantage in that case since sellers must compete to get their houses sold.

In Waltham MA for the full year 2015, the listing volume was 276. This shows a 5.45% difference from the year before (which was271). Prior to that, it changed 5.45% from 257 to 271.

2015 276
2014 271
2013 257

Waltham MA Average Days On Market for the Full Year 2015

Average days on market is the time it requires to find a ready, willing, and able buyer. It can tell you how active the market may be and what advantage you may have as either a buyer or seller. When inventory is selling in a short time frame, as a prospective buyer, you might not have the option of waiting to make a decision as the home may be under agreement quickly. As a home seller, it is critical to keep reasonable expectations for marketing efforts. Keep in mind that the set price and curb appeal of a certain home will influence this marketing frame.

The Average days on market in Waltham MA for the full year decreased -23.64% from 55 to 42. This after it moved 5.77% from 52 to 55.

2015 42
2014 55
2013 52

2015 Full Year Condo Market Statistics For Waltham MA

For additional 2015 full year condo market statistics for Waltham MA or details for nearby areas, please contact Jeanne Umbrello , REALTOR at Wal-Lex Realty The information here was obtained from the MA MLS Property Information Network, Inc. It is intended to offer a generic understanding of the real estate market, is not certified, and may not necessarily encompass every condo transferred in Waltham.