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ANDOVER Real Estate Video Report: Week of January 25th, 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of January 25th, 2016

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 January 25th, 2016. (Source: AltosResearch).

Week of January 25th, 2016 Single Family Homes Condo/Townhouse
Median List Price $784,450 $517,450
Average List Price $924,647 $560,389
Average Days on Market 141 175
No. of Homes On Market 76 24
Median House Size 3,144 sq ft. 2,141 sq ft.
Market Action Index

36.5 -  Seller's Advantage

37.2- Seller's Advantage

Data provided by ©2005-2016 Altos Research LLC.

The median list price in ANDOVER, MA for single family homes this week is $784,450. The 76 properties have been on the market for an average of 141 days. Asking price per square feet is $258. The most expensive single family home is listed at $3,200,000 and the least at $282,500. The median list price in ANDOVER, MA for condo/townhouse this week is $517,450. The 24 properties have been on the market for an average of 175 days. Asking price per square feet is $258. The most expensive condo is listed at $1,250,000 and the least at $155,000.

SEARCH ALL AVAILABLE ANDOVER HOMES FOR SALE, LIKE I DO!

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David Alan Baker | Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

Interesting video.  You do this yourself Praful Thakkar or farm it out.  Be a cool skill to have.

Feb 15, 2016 10:04 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by David Baker Realtor - Laveen Homes for sale .

I use POWTOON to create the videos. I have created the template so now it's a matter of changing the numbers only. However, it still takes about 30 minutes to create the video and upload to YouTube.

Feb 15, 2016 10:12 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Praful I like the idea of adding the video to your market report.  Great job!

Feb 15, 2016 10:12 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks George Souto . Yes, Video makes it simple to follow.

I have tried to keep it under one minute.

Feb 15, 2016 10:31 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Praful, great market update for Andover, with lots of valuable information for buyers and sellers. 

Feb 15, 2016 11:04 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Praful Thakkar Thanks for sharing! This is an excellent real estate report and it contains great information for buyers and sellers alike.  Well done!  Very professional!

Feb 15, 2016 11:20 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Praful...I love the video. It says a lot about the market. Nice work. 

Feb 16, 2016 05:54 AM