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.
Here is a snapshot of real estate market for single family homes and condo/townhouses in ANDOVER, MA for the week of November 9th, 2015. (Source: AltosResearch).
| Week of November 9th, 2015 | Single Family Homes | Condo/Townhouse |
| Median List Price | $729,900 | $367,400 |
| Average List Price | $904,739 | $506,653 |
| Average Days on Market | 114 | 128 |
| No. of Homes On Market | 104 | 34 |
| Median House Size | 3,380 sq ft. | 1,704 sq ft. |
| Market Action Index | 37.1 - Seller's Advantage |
36.5 - Seller's Advantage |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in ANDOVER, MA for single family homes this week is $729,900. The 104 properties have been on the market for an average of 114 days. The asking price per square foot is $237. The most expensive single family home is listed at $4,500,000 and the least at $245,000.
The median list price in ANDOVER, MA for condo/townhouse this week is $367,400. The 34 properties have been on the market for an average of 128 days. The asking price per square foot is $249. The most expensive condo is listed at $1,400,000 and the least at $129,900.
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