Market Snapshot and Absorption
North Andover MA 3rd Quarter-thru Sep 25, 2007 Single Family
For sale: 180 dom: 139 Avge$ 613,653
Pending: 11 dom: 126 Avge$ 744,298
Sold(6 m): 124 dom: 117 Avge$ 554,777
Absorption:
# Sold 6 mths: 20/mth based on 6 mth rolling average
# Sold in most recent 30 days: 14
# Sold since Jan 01, 2007= 155 units 17/month YTD
$523K average 122 dom
Mths of inventory: 10.5 months
Same period sales prior years performance:
2002- 206 units $506 81 dom
2003-218 units $523 80 dom
2004-233 units $543 69 dom
2005 -202 units $584 82 dom
2006-163 units $562 107 dom
Information from MLSPIN data deemed reliable and accurate
Pending- accepted, firm contract to purchase- price is list price at time of contract
DOM= days on market from list date to date of firm contract
SOLD= transferred deed, recorded sold price
Comments(0)