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