ANDOVER Real Estate Market Trends:
Week of May 23rd, 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 May 23rd, 2016. (Source: AltosResearch).
| Week of May 23rd, 2016 | Single Family Homes | Condo/Townhouse |
| Median List Price | $799,900 | $704,900 |
| Average List Price | $1,034,291 | $669,755 |
| Average Days on Market | 106 | 130 |
| No. of Homes On Market | 113 | 38 |
| Median House Size | 3,406 sq ft. | 2,983 sq ft. |
| Market Action Index | 42.5 - Seller's Advantage |
36.6- 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 $799,900. The 113 properties have been on the market for an average of 106 days. Asking price per square feet is $246. The most expensive single family home is listed at $3,695,000 and the least at $229,900. |  |
The median list price in ANDOVER, MA for condo/townhouse this week is $704,900. The 38 properties have been on the market for an average of 130 days. Asking price per square feet is $255. The most expensive condo is listed at $1,385,000 and the least at $129,900. |
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