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ANDOVER Real Estate Market Trends: Week of June 27th, 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of June 27th, 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 June 27th, 2016. (Source: AltosResearch).

Week of June 27th, 2016 Single Family Homes Condo/Townhouse
Median List Price $799,900 $799,900
Average List Price $998,138 $714,019
Average Days on Market 100 129
No. of Homes On Market 120 31
Median House Size 3,523 sq ft. 3,300 sq ft.
Market Action Index

40.8 -  Seller's Advantage

41.2 - 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 $799,900. The 120 properties have been on the market for an average of 100 days. Asking price per square feet is $243. The most expensive single family home is listed at $3,695,000 and the least at $324,000. The median list price in ANDOVER, MA for condo/townhouse this week is $799,900. The 31 properties have been on the market for an average of 129 days. Asking price per square feet is $255. The most expensive condo is listed at $1,358,000 and the least at $104,900.

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

The average List Price of the Single Family Homes this week in Andover is $998K.

Aug 02, 2017 09:42 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 100.

Aug 02, 2017 09:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 120 Single Family Homes on the market this week in Andover.

Aug 02, 2017 09:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 3,533 sq ft in Andover this week.

Aug 02, 2017 09:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the single Family Homes this week in Andover is 40.8.

Aug 02, 2017 09:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in Andover this week is at $3,695K.

Aug 02, 2017 09:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home listing in Andover this week is at $324K.

Aug 02, 2017 09:42 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single family homes in Andover this week is $243/sq ft.

Aug 02, 2017 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A low number of days on market but high inventory shows Single Family Market in Andover is likely to slow down.

Aug 02, 2017 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Let me continue with the market trends for condo or townhomes in Andover this week.

Aug 02, 2017 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Median List Price of the Condo or townhomes this week in Andover is $800K.

Aug 02, 2017 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Average List Price of condo or townhomes this week in Andover is $714K.

Aug 02, 2017 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for condo or townhomes this week in Andover is 129.

Aug 02, 2017 09:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 31 condo or townhomes on the market this week in Andover.

Aug 02, 2017 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 3,300 sq ft in Andover this week.

Aug 02, 2017 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The Market Action Index for the Condo or Townhomes this week in Andover is 41.2.

Aug 02, 2017 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in Andover this week is at $1,358K.

Aug 02, 2017 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in Andover this week is at $105K.

Aug 02, 2017 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Aug 02, 2017 09:44 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

A high number of days on market and low inventory shows Condo or townhomes Market in Andover is likely to be hot.

Aug 02, 2017 09:45 PM