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.
Here is a snapshot of real estate market for single family homes and condo/townhouses in ANDOVER, MA for the week of September 28th, 2015. (Source: AltosResearch).
Week of September 28th, 2015 | Single Family Homes | Condo/Townhouse |
Median List Price | $745,950 | $554,900 |
Average List Price | $861,789 | $563,859 |
Average Days on Market | 104 | 117 |
No. of Homes On Market | 118 | 32 |
Median House Size | 3,305 sq ft. | 2,212 sq ft. |
Market Action Index |
33.9 - Seller's Advantage |
38.4 - Seller's Advantage |
Data provided by ©2005-2014 Altos Research LLC.
The median list price in ANDOVER, MA for single family homes this week is $745,950. The 118 properties have been on the market for an average of 104 days. The asking price per square foot is $236.
The median list price in ANDOVER, MA for condo/townhouse this week is $554,900. The 32 properties have been on the market for an average of 117 days. The asking price per square foot is $258.
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