The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. The 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 July 4th, 2016. (Source: AltosResearch).
Week of July 4th, 2016 | Single Family Homes | Condo/Townhouse |
Median List Price | $689,900 | $409,900 |
Average List Price | $821,286 | $399,044 |
Average Days on Market | 104 | 92 |
No. of Homes On Market | 63 | 25 |
Median House Size | 3,159 sq ft. | 2,133 sq ft. |
Market Action Index |
45.0 - Seller's Advantage |
66.8 - Strong Seller's |
Data provided by ©2005-2014 Altos Research LLC.
SEARCH ALL AVAILABLE NORTH ANDOVER HOMES FOR SALE, LIKE I DO!
Comments(20)