Andover Real Estate Market - Condo Stats for October 2010

By
Real Estate Agent with LAER Realty Partners

Here is the market snapshot for condo sales in October 2010 for Andover, MA. (Data Source: MLSPIN)

As you can see, the days on market are 128 for condos (more than that for single family homes) and are up from September 2010 - signs of fall/winter market?

The total number of units sold - 7, average price $266,071 - thanks to couple of sales in $500K range. (October 2009 average price - $270,370). The reality is reflected in median price - $224,000, up from October 2009 - $182,950!

OVerall, what we see at this time of the year - even when total condo volume is only $1.9M, ($2.7M in October 2009), other factors remain the same.

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Topic:
Real Estate Market Trends
Location:
Massachusetts Essex County Andover
Groups:
MA REALTORS
Tags:
andover real estate market
andover condo stats for october 2010

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