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 NORTH ANDOVER, MA for the week of December 28th, 2015. (Source: AltosResearch).
|Week of December 28th, 2015||Single Family Homes||Condo/Townhouse|
|Median List Price||$607,450||$359,500|
|Average List Price||$751,883||$338,241|
|Average Days on Market||115||96|
|No. of Homes On Market||54||32|
|Median House Size||3,114 sq ft.||1,698 sq ft.|
|Market Action Index||
35.4 - Seller's Advantage
|40.1 - Seller's Advantage
Data provided by ©2005-2014 Altos Research LLC.