ANDOVER Real Estate Market Trends: Week of February 6th, 2017

By
Real Estate Agent with LAER Realty Partners
ANDOVER Real Estate Market Trends:
Week of February 6th, 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 February 6th, 2017. (Source: AltosResearch).

Week of February 6th, 2017 Single Family Homes Condo/Townhouse
Median List Price $870,000 $668,500
Average List Price $1,218,117 $706,112
Average Days on Market 159 77
No. of Homes On Market 51 23
Median House Size 3,792 sq ft. 2,300 sq ft.
Market Action Index

41.4 -  Seller's Advantage

37.2 - Seller's Advantage

Data provided by ©2005-2017 Altos Research LLC.

The median list price in ANDOVER, MA for single family homes this week is $870,000. The 51 properties have been on the market for an average of 159 days. The average asking price per square feet is $263. The most expensive single family home is listed at $3,295,000 and the least at $325,000. The median list price in ANDOVER, MA for condo/townhouse this week is $668,500. The 23 properties have been on the market for an average of 77 days. The average asking price per square feet is $299 The most expensive condo is listed at $1,325,000 and the least at $125,000.

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

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