ANDOVER Real Estate Market Trends: Week of December 12th 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of December 12th, 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. 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 ANDOVER, MA for the week of December 12th, 2016. (Source: AltosResearch).

Week of December 12th, 2016 Single Family Homes Condo/Townhouse
Median List Price $799,900 $744,900
Average List Price $998,841 $736,918
Average Days on Market 178 101
No. of Homes On Market 63 22
Median House Size 3,500 sq ft. 2,328 sq ft.
Market Action Index

40.6 -  Seller's Advantage

37.6 - 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 63 properties have been on the market for an average of 178 days. The average asking price per square feet is $244. The most expensive single family home is listed at $3,295,000 and the least at $199,000. The median list price in ANDOVER, MA for condo/townhouse this week is $744,900. The 22 properties have been on the market for an average of 101 days. The average asking price per square feet is $294 The most expensive condo is listed at $1,350,000 and the least at $144,900.

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Massachusetts Essex County
Groups:
Active Rain Newbies
MA REALTORS
Market Reports
Addicted to Active Rain
2016 Market Reports
Tags:
andover real estate market trends week of december 12th 2016

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
3,867,260

Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
*
*
*
*
Spam prevention

Additional Information