ANDOVER Real Estate - Week Of November 14th, 2011
Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of November
14th, 2011. (Source: AltosResearch)
| |
For Week of November 14th, 2011 |
| Median Price | $569,900 |
| Average List Price | $759,732 |
| Average Days on Market | 142 |
| Number of Homes On Market | 133 |
| Median House Size | 2,714 sq ft. |
| Market Action Index | 14.7 - Strong Buyer's |
Data provided by ©2011 Altos Research LLC.
The Market Action Index answers the question "How's the Market?" by
measuring the current rate of sale versus the amount of the inventory.
Index above 30 implies a seller's advantage. Below 30, conditions give
the advantage to the buyer.
Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.
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