NORTH ANDOVER Real Estate Market Trends: Week of June 20th, 2016

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4TVF
NORTH ANDOVER Real Estate Market Trends:
 Week of June 20th, 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 June 20th, 2016. (Source: AltosResearch).

Week of June 20th, 2016 Single Family Homes Condo/Townhouse
Median List Price $729,000 $359,900
Average List Price $862,107 $354,344
Average Days on Market 102 74
No. of Homes On Market 60 27
Median House Size 3,342 sq ft. 1,930 sq ft.
Market Action Index

44.1 -  Seller's Advantage

61.0 - 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 $729,000. The 60 properties have been on the market for an average of 102 days. Average price per square foot is $222.
 The most expensive single family listing is at $2,450,000 and the least at $330,000.
The median list price  in NORTH ANDOVER,  MA for condo/townhouse this week is $359,900. The 27 properties have been on the market for an average of 74 days. Average price per square foot is $191. The most expensive condo listing is at $629,000 and the least at $145,000.

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

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Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Median List Price of the Single Family Homes this week in North Andover is $729K.

Apr 28, 2017 10:34 PM #4
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Median List Price of the Condo or townhomes this week in North Andover is $360K.

Apr 28, 2017 10:34 PM #5
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average List Price of the single Family Homes this week in North Andover is $862K.

Apr 28, 2017 10:34 PM #6
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average List Price of condo or townhomes this week in North Andover is $354K.

Apr 28, 2017 10:34 PM #7
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average days on market for single family homes this week in North Andover is 102.

Apr 28, 2017 10:35 PM #8
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average days on market for condo or townhomes this week in North Andover is 74.

Apr 28, 2017 10:35 PM #9
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 60 single family homes on the market this week in North Andover.

Apr 28, 2017 10:35 PM #10
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 27 condo or townhomes on the market this week in North Andover.

Apr 28, 2017 10:35 PM #11
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 3,342 sq ft in North Andover this week.

Apr 28, 2017 10:36 PM #12
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 1,930 sq ft in North Andover this week.

Apr 28, 2017 10:36 PM #13
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for the single Family Homes this week in North Andover is 44.1.

Apr 28, 2017 10:36 PM #14
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Market Action Index for the Condo or Townhomes this week in North Andover is 61.0.

Apr 28, 2017 10:36 PM #15
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the single family homes in North Andover this week is $222/sq ft.

Apr 28, 2017 10:37 PM #16
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Average price for condo or townhomes in North Andover this week is $191/sq ft.

Apr 28, 2017 10:37 PM #17
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive single family home listing in North Andover this week is at $2,450K.

Apr 28, 2017 10:37 PM #18
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive condo or townhome listing in North Andover this week is at $629K.

Apr 28, 2017 10:37 PM #19
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive single family home listing in North Andover this week is at $330K.

Apr 28, 2017 10:38 PM #20
Ambassador
4,302,956
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive condo or townhome listing in North Andover this week is at $145K.

Apr 28, 2017 10:38 PM #21
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Once again, thanks all for stopping by at this post and your comments.

Apr 28, 2017 10:38 PM #22
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Overall, it is a very good market for Condo and Townhomes - with market action index at 61.0 - very strong condo market in North Andover.

Apr 28, 2017 10:40 PM #23
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