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ANDOVER Real Estate Market Trends: Week of February 29th, 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of February 29th, 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 February 29th, 2016. (Source: AltosResearch).

Week of February 29th, 2016 Single Family Homes Condo/Townhouse
Median List Price $729,000 $475,000
Average List Price $887,806 $587,076
Average Days on Market 140 160
No. of Homes On Market 77 21
Median House Size 3,008 sq ft. 2,082 sq ft.
Market Action Index

35.1 -  Seller's Advantage

40.4- 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 $729,000. The 77 properties have been on the market for an average of 140 days. Asking price per square feet is $247. The most expensive single family home is listed at $3,200,000 and the least at $233,300. The median list price in ANDOVER, MA for condo/townhouse this week is $475,000. The 21 properties have been on the market for an average of 160 days. Asking price per square feet is $255. The most expensive condo is listed at $1,250,000 and the least at $160,000.

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

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

Average list price for Andover in the week of February 29th is $729K for single family homes.

 

Apr 18, 2016 04:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average list price for Andover in the week of February 29th is $475K for condo/townhomes.

 

Apr 18, 2016 04:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median list price for Andover in the week of February 29th is $587K for condo/townhomes.

 

Apr 18, 2016 04:34 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median list price for Andover in the week of February 29th is $888K for single family homes.

 

Apr 18, 2016 04:36 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average $/sq ft price for the single family homes in Andover this week is $247.

 

Apr 18, 2016 04:37 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average $/sq ft price for the condo or townhomes in Andover this week is $255.

Apr 18, 2016 04:40 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 77 single family homes on market this week in Andover.

Apr 18, 2016 04:41 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 21 condo or townhomes on market this week in Andover.

Apr 18, 2016 04:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market action index is 35.1 for single family homes in Andover - Seller's Market it is.

Apr 19, 2016 11:07 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market action index is 40.4 for condo or townhomes in Andover - Seller's Market it is.

Apr 19, 2016 11:10 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home in Andover is at $3.2M.

Apr 19, 2016 11:14 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home in Andover is at $233K.

Apr 19, 2016 11:14 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or town home in Andover is at $160K.

Apr 19, 2016 11:17 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or town home in Andover is at $1.25M.

Apr 19, 2016 11:18 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 3,008 sq ft in Andover this week.

Mar 09, 2017 10:54 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 2,082 sq ft in Andover this week.

Mar 09, 2017 10:54 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for single family homes this week in Andover is 140.

Mar 09, 2017 10:55 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for condo or townhomes this week in Andover is 160.

Mar 09, 2017 10:55 PM