North Andover, MA

North Andover Massachusetts Single Family Market Activity - Year to Date (10/31/2009)

There were 167 single family residences sold YTD in North Andover, MA with an average sales price of $456,374 and an average days on market of 116. The selling range was a low of $147,000 and a high of $1,075,000. The average sales price has dropped -13% as compared to 2008.

The number of homes sold increased over 2008 from 153 to 167 units. Low interest rates and affordability are contributing to the activity.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

North Andover MA Real Estate - Community, relocation and school information with town demographics.

North Andover MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

North Andover MA MLS Search - View all listings in the statewide MLS.

North Andover MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin 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.

To view market reports for Andover, MA visit the following:

Andover MA Real Estate Market Report

Andover MA Real Estate - 3rd Quarter Report - Have We Seen the Bottom?

Bucking the trend in most Massachusetts communities, North Andover, MA posted a 3.9 percent increase in the median price of a single-family home through the first three quarters of of 2008 ($509,300) compared to the same nine-month period in 2007 ($490,000).

The data comes from the MLS Property Information Network, Inc.

Sales of single-family homes, on the other hand, declined 11.9 percent, from 159 sales to 140.

The median price of a condo in North Andover decreased only 0.2 percent during the first three quarters of 2008 compared to the same period in 2007.

Condominium sales declined 26 percent, from 115 to 85.

I have put together more detailed below.

Single-family Sales
Jan. 1st through Sept. 30th
Year No. of Sales Median Price DOM
2005 208 $589,950 83
2006 172 $525,000 107
2007 159 $490,000 124
2008 140 $509,300 136

Condo Sales
Jan. 1st through Sept. 30th
Year No. of Sales Median Price DOM
2005 118 $246,500 76
2006 153 $280,000 103
2007 115 $220,000 164
2008 83 $219,500 235

Find the the latest home listings in North Andover, MA.

Check out my website and get all the information that you may need when selling or buying a home.

http://www.lindanortonrealtor.com

Getting back from the Inman Connect Show in San Francisco a month ago one theme that has been in my mind has been that Real Estate is "LOCAL". After all your not just selling or buying a home your buying into a community, a neighborhood, a town, a school system, a place to live with your family. For this reason Video can be a HUGE advantage in explaining and showing a potential homeowner why this home / town / neighborhood is for them!

Obviously, most of you Realtors are not going to pay a professional money to shoot a community video. Maybe you will? But, that is the beauty of this is that it's up to you to express what you feel in the video... Check this one out of me and ZipvoMonty taking a walk outside our office in Downtown North Andover, MA 01845 :-) By of now...

More details available at ZIPVO.com.

Let me know what your thoughts are and any comments you may have. I feel that this can be a valuable way of differentiating yourself from the rest of the crowd :-) CHEERS, Greg