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.