NORTH ANDOVER Real Estate Market Trends: Week of November 28th 2016

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4Ykl
NORTH ANDOVER Real Estate Market Trends:
 Week of November 28th, 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 NORTH ANDOVER, MA for the week of November 28th, 2016. (Source: AltosResearch).

Week of November 28th, 2016 Single Family Homes Condo/Townhouse
Median List Price $674,900 $279,900
Average List Price $764,669 $297,009
Average Days on Market 104 59
No. of Homes On Market 49 33
Median House Size 3,136 sq ft. 1,263 sq ft.
Market Action Index

38.0 -  Seller's Advantage

35.4 - Seller's Advantage

Data provided by ©2005-2014 Altos Research LLC.

The median list price in NORTH ANDOVER, MA for single family homes this week is $674,900. The 49 properties have been on the market for an average of 104 days. The average price per square foot is $217. The most expensive single family listing is at $2,450,000 and the least at $220,000. The median list price  in NORTH ANDOVER,  MA for condo/townhouse this week is $279,900. The 33 properties have been on the market for an average of 59 days. The average price per square foot is $198. The most expensive condo listing is at $468,300 and the least at $149,900.
     

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

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Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

You have been busy with all your market reports - I hope that it brings you lots of business in 2017

Dec 27, 2016 06:11 AM #1
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
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