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Andover Massachusetts Real Estate - Single Family Market Report - 2009
The Andover MA real estate and homes sold activity shows that there were 252 single family homes transacted in 2009 with an average sales price of $574,387 and an average days on market (DOM) of 108. The highest selling price of a home was $2,800,000. Visit the Virtual Homes Blog for a MA statewide report.



Additional resources to evaluate the Andover real estate market include:
Andover MA Real Estate - Community, relocation and school information with town demographics.
Andover MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales.
Andover MA MLS Search - View all listings in the statewide MLS.
Andover MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.
Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions.
Visit NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information, go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures, visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.
The Andover MA real estate and homes sold report is based on activity reported from the MLSPin MA MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.
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| Thru January 22 2010 | |||||||||||
| Market Analysis by Town and Property Type | |||||||||||
| Type | Price Range | North Andover | Andover | ||||||||
| Active | Under Agreement | 3 Mons. Sold | Percent Under Agreement | Absorpt Months | Active | Under Agreement | 3 Mons. Sold | Percent Under Agreement | Absorpt Months | ||
| Single | $0-100 | 0 | 0 | 0 | - | - | 0 | 0 | 0 | - | - |
| $100-200 | 1 | 0 | 0 | 0% | - | 0 | 0 | 0 | - | - | |
| $200-300 | 9 | 0 | 8 | 0% | 3.4 | 7 | 1 | 2 | 13% | 10.5 | |
| $300-400 | 13 | 2 | 8 | 13% | 4.9 | 11 | 3 | 10 | 21% | 3.3 | |
| $400-500 | 12 | 0 | 7 | 0% | 5.1 | 13 | 5 | 12 | 28% | 3.3 | |
| $500-600 | 23 | 4 | 12 | 15% | 5.8 | 8 | 3 | 11 | 27% | 2.2 | |
| $600-700 | 11 | 0 | 2 | 0% | 16.5 | 6 | 4 | 6 | 40% | 3.0 | |
| $700-800 | 3 | 1 | 2 | 25% | 4.5 | 5 | 1 | 2 | 17% | 7.5 | |
| $800-900 | 2 | 0 | 0 | 0% | - | 5 | 1 | 3 | 17% | 5.0 | |
| $900-1000 | 3 | 0 | 0 | 0% | - | 4 | 0 | 1 | 0% | 12.0 | |
| $1-1.5 | 2 | 0 | - | 9 | 0 | 2 | 0% | 13.5 | |||
| $1.5-2 | 2 | 0 | - | 4 | 1 | 12.0 | |||||
| $2+ | 2 | 0 | - | 4 | 0 | - | |||||
| 83 | 7 | 39 | 8% | 6.4 | 76 | 18 | 50 | 24% | 4.6 | ||
| Multi | $0-100 | 0 | 0 | 0 | - | - | 0 | 0 | 0 | - | - |
| $100-200 | 0 | 1 | 0 | 100% | - | 0 | 0 | 0 | - | - | |
| $200-300 | 1 | 0 | 0 | 0% | - | 1 | 0 | 0 | 0% | - | |
| $300-400 | 2 | 0 | 3 | 0% | 2.0 | 2 | 0 | 1 | 0% | 6.0 | |
| $400-500 | 1 | 0 | 1 | 0% | 3.0 | 0 | 0 | 0 | - | - | |
| $500+ | 0 | 0 | 0 | - | - | 1 | 1 | 0 | 50% | - | |
| 4 | 1 | 4 | 20% | 3.0 | 4 | 1 | 1 | 20% | 12.0 | ||
| Condo | $0-100 | 0 | 1 | 1 | 100% | 0.0 | 3 | 0 | 0 | 0% | - |
| $100-200 | 27 | 1 | 14 | 4% | 5.8 | 14 | 3 | 13 | 18% | 3.2 | |
| $200-300 | 17 | 3 | 13 | 15% | 3.9 | 16 | 2 | 3 | 11% | 16.0 | |
| $300-400 | 6 | 0 | 4 | 0% | 4.5 | 5 | 0 | 1 | 0% | 15.0 | |
| $400+ | 17 | 1 | 2 | 6% | 25.5 | 8 | 1 | 4 | 11% | 6.0 | |
| 67 | 6 | 34 | 8% | 5.9 | 46 | 6 | 21 | 12% | 6.6 | ||
| Totals | 154 | 14 | 77 | 8% | 6.0 | 126 | 25 | 72 | 17% | 5.3 |
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Andover Single Family Homes
Single Family Homes Sold: 56
Average List Price: $593,696
Average Sale Price: $557,171
Average Market Time: 97
Low Price: $205,000 High Price: $1,725,000
Andover Condos, Condominiums and Townhouses
Condominium Listings Sold: 34
Average List Price: $294,962
Average Sale Price: $269,191
Average Market Time: 115
Low Price:$110,000 High Price: $1,035,000
View all the Andover MA Homes and Properties for Sale
View all the Andover MA Condos, Condominiums and Homes for Sale
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Andover MA Foreclosures, Bank Owned and Short Sale Property for Sale
Register to receive Andover MA real estate foreclosure (bank-owned) listings and short sale opportunities. One of our Andover real estate professionals will contact you and provide:

For Andover community information including school reports, demographic, relocation, home buying and selling information go to Andover MA real estate.
To search the MA MLS listings visit Andover MA MLS listings. Go to Andover MA Foreclosures for a map based search result of bank owned properties.
Go to Virtual Homes MLS for a map based search of all MLS listings of NH and Massachusetts real estate. Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.
Virtual Homes real estate agents provide home buying and selling services. Please call 800-856-2479 for information
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Andover, MA Homes Sold - 2009 Third Quarter

Andover MA real estate data indicates that the market may have turned in the first half of 2009. Visit Andover MA Market Report - Have We Seen the Bottom?.
Third Quarter Statistics
Homes Sold - Increase from 2008 of 19% to 84 units from 71. The average sales price increased 3% to $616,796. This is approaching the 2007 average of $628,217.

Active and pending listings are as of September 30, 2009.
Active Listings - there are 56 current listings with an average "days on market" of 104 days. The highest concentration of listings in a given price range was 11 between $450,000-$499,999. There are 10 listings between $1,000,000-$1,499,999. There are six properties listed below $300,000.
Pending Sales - Fourteen properties are currently under contract with the lowest price being $269,000 and the highest at $1,799,900. The average asking price for pending is $651,029 and the average "days on market" were 106. Most of these listings will close in October and will provide the most current comps in the market.
Visit Andover MA real estate YTD report for market activity through September 30, 2009.
Visit our other resources for Andover, Massachusetts Real Estate.
Andover MA real estate - community, school and demographic information.
Andover MA foreclosures - obtain lists of foreclosed property.
Andover MA MLS - direct access to the MA MLS.
Andover homes for sale - map based search results of homes for sale.
Visit Virtual Homes Real Estate for all your real estate needs.
Information is data reported by the MA MLS (MLSPin) and may not be accurate and is not a represenation of all properties sold during the reported time period.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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