Andover, MA Real Estate Market Data, Sales Down

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.

Andover, MA           
Single-family Sales Data         
Jan. 1st through Sept. 30th

          No. of Sales    Median Price    DOM
2005    303               $600,000           86
2006    225               $550,000           127
2007    258               $554,000           117
2008    191               $547,500           117

Condo Sales Data      
Jan. 1st through Sept. 30th           
          No. of Sales    Median Price    DOM
2005    119               $275,000           91
2006    102               $239,000           105
2007    78                 $277,125           129
2008    54                 $184,000           116

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