Andover, MA Real Estate News

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of September 3rd, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of September 3rd, 2012. (Source: AltosResearch) For Week of September 3rd, 2012 Median Price $625,000 Average List Price $760,235 Average Days on Market 121 Number of Homes On Market 137 Median House Size 2,950 sq ft. Market Action Index 17.6 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are...
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By Dana Bain
(Premiere Mortgage Services Inc.)
http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-August 13th, 2012 Provided by Dana Bain & Robin Dunbar Bain Dana BainPremiere Mortgage Services www.BainMortgage.com 11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices finished the week slightly lower which pushed mortgage interest rates higher. Rates were worse the middle portion of the week as the weekly jobs data beat estimates and the Treasury auctions weighed heavily on the market. Weekly jobless claims came in at 361k, better than the expected 370k mark. Rates were able to bounce back a bit late Thursday and early Friday following an average 30Y auction and reports from abroad which indicated Chi...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
LIFESTYLE. So convenient but enjoy quiet and security. Eye-catching landscaped gardens,1 of 3 residences in understated architectural beauty a few blocks to downtown. Open floor plan kitchen,dining room, living room. Entertain while you cook or pull up a stool to enjoy conversation. Peaceful retreat-like master bedroom. Hardwood floors, natural light, sunrm doubles as study/bedrm shaded by trees. Laundry in unit. Basement storage. Elevated above ordinary just for you. LIVABILITY, LOVABILITY Full Details http://www.findandoverhomes.com/listing/mlsid/18/propertyid/71399144/syndicated/1/cgltguid/0FD7C4E7-293A-4E0C-BB55-6FBB4498DB05/?ts=crg Listing Courtesy of Susan Rochwarg, Keller Williams Realty
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Beautifully Maintained & Updated Colonial in Great Central Andover Neighborhood. Fresh & Inviting Inside & Out! Bright, Updated, Fully Applianced Eat-in Kitchen features Natural Red Birch Cabinets, Granite Countertops & Ceramic Tile with Slider to Sunny 3 Season Sunroom Overlooking Level Backyard. Updated Powder Room. Hardwood Flooring Throughout. Front to Back Living Room, Family Room with Fireplace & Formal Dining. Finished Walkout Lower Level. New Septic 2012. Freshly Painted & Central Air! Full Details http://www.findandoverhomes.com/listing/mlsid/18/propertyid/71408521/syndicated/1/cgltguid/A9F49470-E4A9-4A1E-9BCC-0450D232D1DE/?ts=crg Listing Courtesy of Team Member, Keller Williams Realty
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Set Beautifully at the End of a Long Driveway, waits this Inviting Custom Contemporary on a Gorgeous, Private, Wooded West Andover Cul-de-Sac Lot! Sunny Open Floor Plan. Gleaming Hardwood Flooring & Soaring Ceilings! Well Maintained & Updated by Original Owner. Back Stairway to Master Suite Area. 5th Bedroom on its Own Level with Full Bath & Private Entrance - Perfect for In-Laws or Guests! Tiered Decks with Hottub. For the Woodworking Enthusiast, Workshop with Private Entrance. Call This Home! Full Details http://www.findandoverhomes.com/listing/mlsid/18/propertyid/71412266/syndicated/1/cgltguid/2F4FF98D-44DD-4EEC-8903-8876E6B7F51D/?ts=crg Listing Courtesy of Team Member, Keller Williams Realty
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
A RENOVATION SENSATION! This home has something for everyone & is definitely not your ho hum ranch.Fabulous open concept home has gone through a major transformation you have to see to believe! 3-4 bedrooms gleaming hardwood floors new flooring in kitchen & bath HUGE eat in kitchen w/new tile back splash pendent lighting & 8' island.Finished lower level w/fireplace, 3/4 bath & more.Wonderful livable space or perfect au pair or in-law. Heated in ground pool nice corner lot. OPEN HOUSE SUNDAY 7/15 Full Details http://www.findandoverhomes.com/listing/mlsid/18/propertyid/71408290/syndicated/1/cgltguid/51F45A56-E3E5-4E33-AA1F-3B679EFC65FC/?ts=crg Listing Courtesy of Linda Hartnett, Keller Williams Realty
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
Luxury Homes in Andover, MA Luxury Homes in Andover, MA Let me introduce you to The Town Of Andover, MA: The Town Of Andover is located in Essex County in the Northeastern part of Massachusetts, approximately 23 miles north of Boston. The patriotic song AMERICA was written in 1831 by Samual Francis Smith while attending The Andover Theological Seminary. Andover, MA is often referred as the "Home of America". Andover is known the world over for being the home of one of the oldest and most prestigious independent secondary 'prep' schools in U.S. - Phillips Academy. Not to mention that Andover Public Schools are among the top-rated schools in Massachusetts. Widely regarded for it's high quality schools and community spirit, Andover has evolved into a highly desirable community. President G...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of May 14th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of May 14th, 2012. (Source: AltosResearch) For Week of May 14th, 2012 Median Price$602,400 Average List Price$716,202 Average Days on Market132 Number of Homes On Market132 Median House Size2,823sq ft. Market Action Index18.3 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market. The market h...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of May 7th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of May 7th, 2012. (Source: AltosResearch) For Week of May 7th, 2012 Median Price $619,450 Average List Price $715,737 Average Days on Market 124 Number of Homes On Market 124 Median House Size 2698 sq ft. Market Action Index 18.8 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market. The marke...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of April 30th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of April 30th, 2012. (Source: AltosResearch) For Week of April 30th, 2012 Median Price $639,900 Average List Price $764,605 Average Days on Market 134 Number of Homes On Market 113 Median House Size 3072 sq ft. Market Action Index 18.4 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The Market Action Index has been basically flat recently, and days-on-market decreasing, there are not strong signals for t...
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By Scott Strang, Licenced RE Broker and Realtor Office in MA&NH
(Scott Gregory Group)
Andover MA real estate market market report for quarterly single family number of properties sold covering the last few years. Andover MA Single Family Market Report The number of properties sold in Andover MA for the 1st quarter increased 50% from 38 (in 2011) to 57 (in 2012). This after it decreased -24% from 50 (in 2010) to 38 (in 2011). Before that there was a 56.25% change. These figures show no consistent pattern over the last few years. 1st Quarter Number Of Properties Sold 2008 39 2009 32 2010 50 2011 38 2012 57 Andover MA Real Estate Market Report Summary Median prices down slightly but transactions are up. This is a great sign for a market recovery.  Keep in mind this for closings in the 1st quarter only. I expect to see more year over year increases in Q2 of 2012 in Andover M...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of April 23rd, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of April 23rd, 2012. (Source: AltosResearch) For Week of April 23rd, 2012 Median Price $639,900 Average List Price $771,919 Average Days on Market 139 Number of Homes On Market 111 Median House Size 3118 sq ft. Market Action Index 18.3 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. -Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overal...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of April 16th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of April 16th, 2012. (Source: AltosResearch) For Week of April 16th, 2012 Median Price$609,900 Average List Price$772,574 Average Days on Market140 Number of Homes On Market107 Median House Size2944 sq ft. Market Action Index18.1 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. -Demand measured by the MarketAction Index is increasing and days-on-market is trending downward. Even as more properties come av...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of April 9th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of April 9th, 2012. (Source: AltosResearch) For Week of April 9th, 2012 Median Price$634,900 Average List Price$772,510 Average Days on Market128 Number of Homes On Market112 Median House Size3052 sq ft. Market Action Index17.1 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. With inventory trending up but days-on-market trending down and the Market Action Index essentially flat recently, conditions do not...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of April 2nd, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of April 2nd, 2012. (Source: AltosResearch) For Week of April 2nd, 2012 Median Price $659,900 Average List Price $762,777 Average Days on Market 158 Number of Homes On Market 112 Median House Size 3052 sq ft. Market Action Index 17.3 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. With inventory trending up but days-on-market trending down and the Market Action Index essentially flat recently, conditions ...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of March 26th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of March 26th, 2012. (Source: AltosResearch) For Week of March 26th, 2012 Median Price $672,450 Average List Price $779,748 Average Days on Market 151 Number of Homes On Market 96 Median House Size 3019 sq ft. Market Action Index 17.6 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties co...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of March 19th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of March 19th, 2012. (Source: AltosResearch) For Week of March 192th, 2012 Median Price $669,900 Average List Price $782,977 Average Days on Market 155 Number of Homes On Market 91 Median House Size 3052 sq ft. Market Action Index 17.3 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relativel...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of March 12th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of March 12th, 2012. (Source: AltosResearch) For Week of March 12th, 2012 Median Price$639,900 Average List Price$765,651 Average Days on Market154 Number of Homes On Market92 Median House Size2950 sq ft. Market Action Index17.0 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The Market Action Index has been trending down recently, but as days-on-market decreases also, there are not strong signals for th...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of March 5th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of March 5th, 2012. (Source: AltosResearch) For Week of March 5th, 2012 Median Price $654,900 Average List Price $750,374 Average Days on Market 169 Number of Homes On Market 96 Median House Size 2950 sq ft. Market Action Index 16.6 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weak...
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
ANDOVER Real Estate - Week Of February 20th, 2012 Here is a snapshot of real estate market for single family homes in ANDOVER, MA for the week of February 20th, 2012. (Source: AltosResearch) For Week of February 20th, 2012 Median Price $639,450 Average List Price $844,997 Average Days on Market 158 Number of Homes On Market 94 Median House Size 2,940 sq ft. Market Action Index 17.2 - Strong Buyer's Data provided by ©2011 Altos Research LLC. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller's advantage. Below 30, conditions give the advantage to the buyer. The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends...
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