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ANDOVER Real Estate Market Trends: Week of April 18th, 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of April 18th, 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 April 18th, 2016. (Source: AltosResearch).

Week of April 18th, 2016 Single Family Homes Condo/Townhouse
Median List Price $799,900 $579,900
Average List Price $1,028,457 $620,219
Average Days on Market 107 162
No. of Homes On Market 101 37
Median House Size 3,526 sq ft. 2,300 sq ft.
Market Action Index

39.7 -  Seller's Advantage

36.0 - 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 $799,900. The 101 properties have been on the market for an average of 107 days. Asking price per square feet is $244. The most expensive single family home is listed at $3,695,000 and the least at $229,900. The median list price in ANDOVER, MA for condo/townhouse this week is $579,900. The 37 properties have been on the market for an average of 162 days. Asking price per square feet is $244. The most expensive condo is listed at $1,359,000 and the least at $139,900.

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Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of Single Family Homes this week in AndoverT is $800K.

Jul 14, 2016 04:28 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of Condo or townhomes this week in Andover is $580K.

Jul 14, 2016 04:28 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of Single Family Homes this week in Andover is $1,028K.

Jul 14, 2016 04:29 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of condo or townhomes this week in Andover is $620K.

Jul 14, 2016 04:29 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for single family homes this week in Andover is 107.

Jul 14, 2016 04:29 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 101 single family homes on market this week in Andover.

Jul 14, 2016 04:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for Single Family Homes this week in Andover is 39.5.

Jul 14, 2016 04:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for single family homes in Andover this week is $244/sq ft.

Jul 14, 2016 04:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in Andover this week is $244/sq ft.

Jul 14, 2016 04:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for condo or townhomes this week in Andover is 162.

Jul 14, 2016 04:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 37 condo or townhomes on market this week in Andover.

Jul 14, 2016 04:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for Condo or Townhomes this week in Andover is 36.0

Jul 14, 2016 04:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for single family homes in Andover this week is $244/sq ft.

Nov 09, 2016 03:09 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in Andover this week is $244/sq ft.

Nov 09, 2016 03:10 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in Andover this week is at $3.7M.

Nov 09, 2016 03:11 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in Andover this week is at $1.6M.

Nov 09, 2016 03:11 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home listing in T this week is at $230K.

Nov 09, 2016 03:11 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in Andover this week is at $140K.

Nov 09, 2016 03:11 PM