Bucking the trend in most Massachusetts communities, North Andover, MA posted a 3.9 percent increase in the median price of a single-family home through the first three quarters of of 2008 ($509,300) compared to the same nine-month period in 2007 ($490,000).

The data comes from the MLS Property Information Network, Inc.

Sales of single-family homes, on the other hand, declined 11.9 percent, from 159 sales  to 140.

The median price of a condo in North Andover decreased only 0.2 percent during the first three quarters of 2008 compared to the same period in 2007.

Condominium sales declined 26 percent, from 115 to 85.

I have put together more detailed below.

Single-family Sales           
Jan. 1st through Sept. 30th           
Year    No. of Sales      Median Price     DOM
2005      208                  $589,950       83
2006      172                  $525,000     107
2007      159                  $490,000     124
2008      140                  $509,300     136

Condo Sales           
Jan. 1st through Sept. 30th           
Year    No. of Sales      Median Price      DOM
2005      118                   $246,500       76
2006      153                   $280,000      103
2007      115                   $220,000      164
2008       83                    $219,500      235

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