Woburn Named One of the Hottest Places for Real Estate

Woburn has been named the eighth “hottest town in Massachusetts” for real estate after a 47% increase in home sales in the second quarter of 2014 compared to a year ago.

McGeough & Lamacchia named its list after the latest real estate figures were released on Tuesday.

Woburn ranked eighth with 159 homes sales for the second quarter compared to 108 last year.

Here’s what McGeough & Lamacchia said about Woburn:

“Woburn had 159 home sales for the second quarter of this year, an increase of 47% compared to Q2 2013 when there were 108 home sales. 2 of these homes were new construction. The median price for a home in Woburn is $365,000. Woburn is located in Middlesex County about 9 miles north of Boston. Woburn is an excellent location for commuters: it has access to major routes 3, 95, and 93, has a stop on the Lowell MBTA commuter rail into Boston, as well as Amtrak train service between Maine and Boston. Woburn is home to the Horn Pond Recreation area, which consists of several walking trails as well as Horn pond itself, which is available for fishing and boating for non-motorized boats. The population of Woburn is 38,120, an increase of 2%. The tax rate in Woburn is $10.44.”