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NORTH ANDOVER Real Estate Market Trends: Week of May 9th, 2016

By
Real Estate Agent with LAER Realty Partners
NORTH ANDOVER Real Estate Market Trends:
 Week of May 9th, 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 NORTH ANDOVER, MA for the week of May 9th, 2016. (Source: AltosResearch).

Week of May 9th, 2016 Single Family Homes Condo/Townhouse
Median List Price $699,900 $407,400
Average List Price $837,402 $401,173
Average Days on Market 96 149
No. of Homes On Market 59 22
Median House Size 3,332 sq ft. 2,162 sq ft.
Market Action Index

40.7 -  Seller's Advantage

52.4 - Strong Seller's

Data provided by ©2005-2014 Altos Research LLC.

The median list price in NORTH ANDOVER, MA for single family homes this week is $699,900. The 59 properties have been on the market for an average of 96 days. Average price per square foot is $217.
 The most expensive single family listing is at $2,400,000 and the least at $328,800.
The median list price  in NORTH ANDOVER,  MA for condo/townhouse this week is $407,400. The 22 properties have been on the market for an average of 149 days. Average price per square foot is $192. The most expensive condo listing is at $995,000 and the least at $91,000.

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

Median List Price of the Single Family Homes this week in North Andover is $700K.

Nov 08, 2016 03:46 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of the Condo or townhomes this week in North Andover is $407K.

Nov 08, 2016 03:47 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of the single Family Homes this week in North Andover is $837K.

Nov 08, 2016 03:47 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average List Price of condo or townhomes this week in North Andover is $401K.

Nov 08, 2016 03:47 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average days on market for single family homes this week in North Andover is 96.

Nov 08, 2016 03:47 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Nov 08, 2016 03:48 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 59 single family homes on the market this week in North Andover.

Nov 08, 2016 03:48 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 22 condo or townhomes on the market this week in North Andover.

Nov 08, 2016 03:48 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 3,332 sq ft in North Andover this week.

Nov 08, 2016 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 2,162 sq ft in North Andover this week.

Nov 08, 2016 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the single Family Homes this week in North Andover is 40.7.

Nov 08, 2016 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the Condo or Townhomes this week in North Andover is 52.4.

Nov 08, 2016 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for single family homes in North Andover this week is $217/sq ft.

Nov 08, 2016 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in North Andover this week is $192/sq ft.

Nov 08, 2016 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive single family home listing in North Andover this week is at $2.4M.

Nov 08, 2016 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive single family home listing in North Andover this week is at $329K.

Nov 08, 2016 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The most expensive condo or townhome listing in North Andover this week is at $995K.

Nov 08, 2016 03:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The least expensive condo or townhome listing in North Andover this week is at $91K.

Nov 08, 2016 03:51 PM