ANDOVER Real Estate Market Trends: Week of January 2nd 2017

By
Real Estate Agent with LAER Realty Partners
https://activerain.com/droplet/4Zdw
ANDOVER Real Estate Market Trends:
Week of January 2nd, 2017

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 January 2nd, 2017. (Source: AltosResearch).

Week of January 2nd, 2017 Single Family Homes Condo/Townhouse
Median List Price $839,900 $829,950
Average List Price $1,071,841 $815,294
Average Days on Market 211 136
No. of Homes On Market 46 16
Median House Size 3,590 sq ft. 2,828 sq ft.
Market Action Index

41.5 -  Seller's Advantage

36.1 - 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 $839,900. The 46 properties have been on the market for an average of 211 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 136 days. The average asking price per square feet is $298 The most expensive condo is listed at $1,350,000 and the least at $153,000.

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

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