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NORTH ANDOVER REAL ESTATE - Week of January 2nd, 2012

NORTH ANDOVER Real Estate - Week Of January 2nd, 2012


Here is a snapshot of real estate market for single family homes in NORTH ANDOVER, MA for the week of January 2nd, 2012. (Source: AltosResearch)


For Week of January 2nd, 2012
Median Price $505,000
Average List Price $549,758
Average Days on Market 176
Number of Homes On Market 89
Median House Size 2,650 sq ft.
Market Action Index 16.4 - 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 decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

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

Posted Sunday Jan 08