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ANDOVER REAL ESTATE - Week of January 9th, 2012

ANDOVER Real Estate - Week Of January 9th, 2012


Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of January 9th, 2012. (Source: AltosResearch)


For Week of January 9th, 2012
Median Price $569,900
Average List Price $842,681
Average Days on Market 170
Number of Homes On Market 80
Median House Size 2,714 sq ft.
Market Action Index 19.3 - Strong Buyer's


Data provided by ©2011 Altos Research LLC.

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer.

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

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

Posted Sunday Jan 15