Here is a snapshot of real estate market for single family homes in NORTH ANDOVER, MA for the week of April 22nd, 2013. (Source: AltosResearch)
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For Week of April 22nd, 2013 |
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| Median Price | $512,400 |
| Average List Price | $671,868 |
| Average Days on Market | 153 |
| Number of Homes On Market | 110 |
| Median House Size | 2,555 sq.ft. |
| Market Action Index | 28.4 - Buyer's Slight Advantage |
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.
The median list price in NORTH ANDOVER, MA this week is $512,400. The 110 properties have been on the market for an average of 153 days.
Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
SEARCH ALL AVAILABLE NORTH ANDOVER HOMES FOR SALE, LIKE I DO!
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