ANDOVER Real Estate Market Trends: Week of December 26th 2016

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
 Week of December 26th, 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 December 26th, 2016. (Source: AltosResearch).

Week of December 26th, 2016 Single Family Homes Condo/Townhouse
Median List Price $829,900 $829,950
Average List Price $1,054,871 $820,412
Average Days on Market 201 133
No. of Homes On Market 51 16
Median House Size 3,500 sq ft. 2,828 sq ft.
Market Action Index

42.1 -  Seller's Advantage

37.1 - 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 $829,900. The 51 properties have been on the market for an average of 201 days. The average asking price per square feet is $245. The most expensive single family home is listed at $3,295,000 and the least at $199,000. The median list price in ANDOVER, MA for condo/townhouse this week is $829,950. The 16 properties have been on the market for an average of 133 days. The average asking price per square feet is $298 The most expensive condo is listed at $1,350,000 and the least at $234,900.

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

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Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Praful - looks like sellers should contact to now to get their home ready for spring listing.

Jan 18, 2017 04:52 AM #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, Grant Schneider.

Jan 18, 2017 07:06 AM #2
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

In fact, I am surprised to see that condo median price is more than that of the single-family homes in Andover this week. I am sure you can see that average list price shows the facts

Jan 18, 2017 07:07 AM #3
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Praful Thakkar

Andover, MA: Andover Luxury Homes For Sale
What did my neighbor's home sell for?
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