The Tryon Report …Lowell, MA Real Estate Summary June 29, 2012

This Week

The median list price in LOWELL, MA this week is $219,800.

Demand measured by the Market Action Index is increasing and

days-on-market is trending downward. Even as more properties

come available, these are positive trends for the market.

Supply and Demand

Home sales have been exceeding new inventory for several weeks.

Since this is a Buyer’s market prices are not yet moving higher as

excess inventory is consumed. However, as the supply and demand

trends continue, the market moves into the Seller’s zone, and we are

likely to see upward pressure on pricing.

Price

The market seems to have paused around this plateau. The

Market Action Index is a good leading indicator for the durability

of this trend.

Are you looking to buy a home, condominium, townhouse or investment property in the Belvidere, Highlands, Pawtucketville, South Lowell, Centerville and Downtown areas of Lowell , Massachusettes?

Let us help you find everything you need to know about buying or selling a home! As one of the preeminent, professional real estate teams in The Merrimack Valley for over 10 years, we are dedicated to providing the highest quality service available while breaking new ground.

Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game.

We go the extra mile to help you achieve your goals. That’s why we constantly research the market and property values so your home is priced effectively from day one. We also make sure the public knows your home is for sale by using cutting edge advertising and marketing techniques to attract potential buyers.

The Tryon Real Estate Group at ERA Key Realty Services is the most comprehensive online source for real estate listings, from luxury homes to Downtown condominiums & lofts, incredible Bank Owned foreclosure opportunities and investment properties. The Tryon Real Estate Group provides exclusive homes for sale on a local, global and international stage. Search for properties , or find out what your house is worth by visiting http://www.lowellhomesonline.com the Tryon Real Estate Group can help.

christryon@erakey.com

508.372.6391

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