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NORTH ANODVER Real Estate Market Trends: Week of August 24th, 2015

By
Real Estate Agent with LAER Realty Partners
NORTH ANODVER Real Estate Market Trends:
Single Family Homes - Week of August 24th, 2015

Here is a snapshot of real estate market for single family homes in NORTH ANODVER, MA for the week of August 24th, 2015. (Source: AltosResearch).

  For Week of  August 24th, 2015
Median List Price $677,450
Average List Price $810,301
Average Days on Market 84
No. of Homes On Market 74
Median House Size 3,532 sq ft.
Market Action Index

38.7 -  Seller's Advantage

Data provided by ©2005-2014 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 ANODVER, MA  this week is $677,450. The 74 properties have been on the market for an average of 84 days.

 

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Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

North Andover is a great market - Seller's Advantage for sure.

Sep 12, 2015 03:41 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index at 38.7 - still better than 30, so it is seller's market.

Sep 12, 2015 03:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price at $677K shows the pricing in this town.

Sep 12, 2015 03:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average list price of over $800K shows that there are many more expensive homes in this town.

Sep 12, 2015 03:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Days on market are going up a bit - now at 84. Signs of slowing down?

Sep 12, 2015 03:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Perhaps lower inventory - of 74 homes on market - will help the market to stay afloat and remain in Seller's Advantage area.

Sep 12, 2015 03:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in North Andover this week is at $2.295M.

Mar 16, 2017 10:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in North Andover this week is at $299K.

Mar 16, 2017 10:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single family homes in North Andover this week is $208/sq ft.

Mar 16, 2017 10:34 PM