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ANDOVER Real Estate Market Trends: Week of May 30th, 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of May 30th, 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 May 30th, 2016. (Source: AltosResearch).

Week of May 30th, 2016 Single Family Homes Condo/Townhouse
Median List Price $799,900 $679,900
Average List Price $1,060,434 $667,843
Average Days on Market 105 123
No. of Homes On Market 111 37
Median House Size 3,583 sq ft. 2,906 sq ft.
Market Action Index

43.5 -  Seller's Advantage

36.9 - Seller's Advantage

Data provided by ©2005-2016 Altos Research LLC.

The median list price in ANDOVER, MA for single family homes this week is $799,900. The 111 properties have been on the market for an average of 105 days. Asking price per square feet is $250. 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 $679,900. The 37 properties have been on the market for an average of 123 days. Asking price per square feet is $256. The most expensive condo is listed at $1,385,000 and the least at $129,900.

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

The Median List Price of the Single Family Homes this week in Andover is $800K.

Jan 10, 2017 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Median List Price of the Condo or townhomes this week inAndoverT is $680k.

Jan 10, 2017 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average List Price of the single Family Homes this week in Andover is $1,060K.

Jan 10, 2017 03:49 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 $668K.

Jan 10, 2017 03:49 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average days on market for single family homes this week in Andover is 105.

Jan 10, 2017 03:50 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 123.

Jan 10, 2017 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

There are 111 single family homes on the market this week in Andover.

Jan 10, 2017 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 10, 2017 03:50 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the single family home is 3,583 sq ft in Andover this week.

Jan 10, 2017 03:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The median home size of the condo or townhome is 2,906 sq ft in Andover this week.

Jan 10, 2017 03:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Market Action Index for the single Family Homes this week in Andover is 43.5

Jan 10, 2017 03:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 10, 2017 03:51 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

The average price for the single family homes in Andover this week is $256/sq ft

Jan 10, 2017 03:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Average price for condo or townhomes in Andover this week is $250/sq ft.

Jan 10, 2017 03:52 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 $3,695K.

Jan 10, 2017 03:52 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

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

Jan 10, 2017 03:52 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 $1,385K.

Jan 10, 2017 03:53 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 $130K.

Jan 10, 2017 03:53 PM