ANDOVER Real Estate Market Trends: Week of September 12th, 2016

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4WLc
ANDOVER Real Estate Market Trends:
 Week of September 12th, 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. The 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 September 12th, 2016. (Source: AltosResearch).

Week of September 12th, 2016 Single Family Homes Condo/Townhouse
Median List Price $839,900 $469,900
Average List Price $1,043,080 $599,581
Average Days on Market 147 72
No. of Homes On Market 95 31
Median House Size 3,637 sq ft. 2,041 sq ft.
Market Action Index

36.4 -  Seller's Advantage

35.7 - 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 $839,900. The 95 properties have been on the market for an average of 147 days. The average asking price per square feet is $240. The most expensive single family home is listed at $3,695,000 and the least at $329,000. The median list price in ANDOVER, MA for condo/townhouse this week is $469,900. The 31 properties have been on the market for an average of 72 days. The average asking price per square feet is $238. The most expensive condo is listed at $1,358,000 and the least at $139,900.

SEARCH ALL AVAILABLE 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

There are 95 Single Family Homes on the market this week in Andover.

Aug 24, 2017 08:47 PM #5
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A low number of days on market and low inventory shows Single Family Market in Andover is really hot.

Aug 24, 2017 08:47 PM #6
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Based on the median price and the average price, it seems the market for single family homes is steady.

Aug 24, 2017 08:48 PM #7
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the single family homes in Andover this week is $240/sq ft.

Aug 24, 2017 08:48 PM #8
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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

Aug 24, 2017 08:48 PM #9
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive single family home listing in Andover this week is at $3,695K.

Aug 24, 2017 08:48 PM #10
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the single Family Homes this week in Andover is 36.4.

Aug 24, 2017 08:48 PM #11
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the single family home is 3,637 sq ft in Andover this week.

Aug 24, 2017 08:48 PM #12
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Let me continue with the market trends for condo or townhomes in Andover this week.

Aug 24, 2017 08:49 PM #13
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Median List Price of the Condo or townhomes this week in Andover is $470K.

Aug 24, 2017 08:49 PM #14
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Average List Price of condo or townhomes this week in Andover is $600K.

Aug 24, 2017 08:49 PM #15
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average days on market for condo or townhomes this week in Andover is 72.

Aug 24, 2017 08:49 PM #16
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

There are 31 condo or townhomes on the market this week in Andover.

Aug 24, 2017 08:49 PM #17
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

n the median price and the average price, it seems the market for condo and townhomes is going up.

Aug 24, 2017 08:49 PM #18
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

A low number of days on market and low inventory shows Condo or townhomes Market in Andover is really hot.

Aug 24, 2017 08:49 PM #19
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The average price for the condo or townhomes in Andover this week is $238/sq ft.

Aug 24, 2017 08:49 PM #20
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The least expensive condo or townhome listing in Andover this week is at $140K.

Aug 24, 2017 08:50 PM #21
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The most expensive condo or townhome listing in Andover this week is at $1,358K.

Aug 24, 2017 08:50 PM #22
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The Market Action Index for the Condo or Townhomes this week in Andover is 35.7.

Aug 24, 2017 08:50 PM #23
Ambassador
4,306,172
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The median home size of the condo or townhome is 2,041 sq ft in Andover this week.

Aug 24, 2017 08:50 PM #24
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