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ANDOVER Real Estate Market Trends: Week of Janury 11th, 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of Janury 11th, 2016


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 Janury 11th, 2016. (Source: AltosResearch).

Week of Janury 11th, 2016 Single Family Homes Condo/Townhouse
Median List Price $789,000 $417,450
Average List Price $952,190 $5388,848
Average Days on Market 146 149
No. of Homes On Market 71 26
Median House Size 3,123 sq ft. 2,064 sq ft.
Market Action Index

38.2 -  Seller's Advantage

36.9- 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 $789,000. The 71 properties have been on the market for an average of 146 days. Asking price per square feet is $269. The most expensive single family home is listed at $3,200,000 and the least at $219,900. The median list price in ANDOVER, MA for condo/townhouse this week is $417,450. The 26 properties have been on the market for an average of 149 days. Asking price per square feet is $258. The most expensive condo is listed at $1,250,000 and the least at $139,900.

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

Comments (12)

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It is ashame that I am the first to comment on this great Andover market update.  I know it takes a lot of research Praful Thakkar 

Feb 05, 2016 11:27 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Paul S. Henderson, Realtor, Broker, Tacoma Washington - thanks for your comments - I really appreciate it.

Yes, we put in lot of time in our market reports - specially this one is includes a video, too. However, with about 100 views by this time, I am sure the message has reached target audience.

And yes, still love your comments - as always. Thanks.

Feb 06, 2016 12:02 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Median List Price of Single Family Homes this week in Andover is $789K.

May 08, 2016 03:59 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Median List Price of Condo or townhomes this week in Andover is $417K.

May 08, 2016 03:59 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average List Price of Single Family Homes this week in Andover is $952K.

May 08, 2016 04:00 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average List Price of condo or townhomes this week in Andover is $538K.

May 08, 2016 04:00 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average days on market for single family homes this week in Andover is 146.

May 08, 2016 04:00 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average days on market for condo ro townhomes this week in Andover is 149.

May 08, 2016 04:01 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 71 single family homes on market this week in Andover.

May 08, 2016 04:01 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 26 condo or townhomes on market this week in Andover.

May 08, 2016 04:01 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for Single Family Homes this week in Andover is 38.2.

May 08, 2016 04:02 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for Condo or Townhomes this week in Andover is 36.9.

May 08, 2016 04:02 PM