ANDOVER Real Estate - Single Family Homes Week Of May 20th, 2013

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Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/WkF
ANDOVER Real Estate - Single Family Homes
Week Of May 20th, 2013

Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of May 20th, 2013. (Source: AltosResearch)

  For Week of  May 20th, 2013
Median Price $699,500
Average List Price $879,344
Average Days on Market 87
Number of Homes On Market 155
Median House Size 3,160 sq ft.
Market Action Index

28.1 - Almost Balanced Market

Data provided by ©2011 Altos Research LLC.

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.

The median list price in ANDOVER, MA this week is $699,500. The 155 properties have been on the market for an average of 87 days.

Demand measured by the Market Action Index is increasing and days-on-market is holding steady. With more properties coming available, conditions are mildly positive.

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

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

 

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Rainmaker
722,887
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Evening Praful

Thanks ffor the post and market update. As you state, the market does appear to be strong and positive. Have a great week

May 26, 2013 01:38 PM #1
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks for stopping by, Patrick - really appreciatr it!

May 31, 2013 01:26 PM #2
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Frankly, Andover is really a HOT market now! Really HOT HOT HOT!

May 31, 2013 01:26 PM #3
Rainmaker
629,901
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

A very good market report for the single-family homes market in Andover.

Jan 04, 2018 09:09 AM #4
Rainmaker
629,901
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Median price and the average price for your market are so much more than what we have here in Columbus, OH.

 

Jan 04, 2018 09:10 AM #5
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
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