NORTH ANDOVER Real Estate Market Trends: Week of December 19th 2016

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4YQ5
NORTH ANDOVER Real Estate Market Trends:
Week of December 19th, 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 December 19th, 2016. (Source: AltosResearch).

Week of December 19th, 2016 Single Family Homes Condo/Townhouse
Median List Price $665,000 $277,000
Average List Price $789,400 $298,456
Average Days on Market 132 78
No. of Homes On Market 39 32
Median House Size 3,314 sq ft. 1,311 sq ft.
Market Action Index

40.0 - Seller's Advantage

32.0 - 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 $665,000. The 39 properties have been on the market for an average of 132 days. The average price per square foot is $215. 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 $277,000. The 32 properties have been on the market for an average of 78 days. The average price per square foot is $202. The most expensive condo listing is at $468,300 and the least at $159,900.
     

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

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Rainmaker
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Bob "RealMan" Timm
Alliance Real Estate - Minot - Minot, ND
Bob Timm, Broker Associate, Alliance Real Estate

Praful Thakkar I like the format you are using to display your market. It keeps it simple and easy to understand.

Jan 15, 2017 06:04 PM #1
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thanks for stopping by at this post and your comments, Bob "RealMan" Timm .

Yes, it is simple for consumers to understand.

Jan 15, 2017 06:13 PM #2
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
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