Andover, MA

  Sold Market Statistics for Andover Massachusetts.  Only Single family properties are reflected in this report.

                                                                                               2008                   2007

Average List Price in Andover for December                            $ 613,824         $ 592,258

Median Selling Price in Andover for December                         $ 552,765         $ 522,500

Average Days on Market for Andover in December                       126                  99

Number of Properties Sold in Andover                                        17                   12

Listings currently on the Market = 79

Massachusetts Association of Realtors reports there has been a 9.2% drop in the median house price from 2007 to 2008 for the Northeast region.

This information was gathered from the Massachusetts MLS and does not reflect private sales.

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In these uncertain economic times many people are hesitant to make change. But these are the very times that change can really benefit some people. If you have been watching the housing market here in Andover and have seen your dream home and would love to buy it but are afraid that you need to sell before you can buy and that makes you uncomfortable, I can help address your fears. First and foremost I can give you a realistic number that your current home could sell for. More importantly what I can really do for you is show you how staging can bring significant value to your home. I work with another agent and "we" bring success to the table. We have before and after pictures of homes that we have staged and have sold houses for $50,000 more than they would have sold if we had not staged the home. We do not "charge" for the staging we use your furniture as well as bring in some of our own inventory of furnishings, including rugs, lamps, art work and accent pieces of furniture. We decorate your house for the buyer. We arrange the rooms to highlight the best use of space and to show prospective buyers your home at it's best. The homes we stage sell in days rather than months.

This is the time to make a move interest rates are great, you can get a lot more house for your money and there is plenty of inventory. Now is the time to take advantage of a down market. Everyone wants to buy when prices are down and prices have come down over the past 2 years but keep in mind, not as much as other areas. Andover prices are holding and the school system is excellent. Please contact me and we can discuss the current housing market and your options in this market. If you don't have a home to sell, I have the time and energy to help you find just the right house.

After seeing the median price of both single-family and condominium homes increase from January through September in 2007 compared to 2006, the number of sales and median price in Andover, Massachusetts declined in 2008.

The data comes from MLS Property Information Network, Inc., the multiple listing service used by local real estate professionals.

Comparing the first three quarters of 2007 to 2008, single-family home sales in Andover, MA declined about 26 percent in 2008. Condominium sales declined about 30 percent during the same period.

For more details on the Andover, MA real estate market visit MassHomeBuyerGuide.com.

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