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 NORTH ANDOVER, MA for the week of March 28th, 2016. (Source: AltosResearch).
Week of March 28th, 2016 | Single Family Homes | Condo/Townhouse |
Median List Price | $709,000 | $329,000 |
Average List Price | $788,275 | $341,911 |
Average Days on Market | 106 | 114 |
No. of Homes On Market | 51 | 27 |
Median House Size | 2,833 sq ft. | 1,570 sq ft. |
Market Action Index |
38.0 - Seller's Advantage |
40.4 - Seller's Advantage |
Data provided by ©2005-2014 Altos Research LLC.
SEARCH ALL AVAILABLE NORTH ANDOVER HOMES FOR SALE, LIKE I DO!
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