ANDOVER Real Estate Market Trends: Week of February 20th, 2017
By Praful Thakkar, Metro Boston Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate Market Trends:Week of February 20th, 2017The 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 20th, 2017. (Source: AltosResearch). Week of February 20th, 2017 Single Family Homes Condo/Townhouse Median List Price $879,950 $599,900 Average List Price $1,191,828 $697,416 Average Days on Market 161 82 No. of Homes On Market 54 23 Median House Size 3,934 sq ft. 2,300 sq ft. Market Action Index 42.3 - Seller's Advantage 36.2 - Seller's Advantage Data provided by ...
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