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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