Home Sales Down in Andover Real Estate Market

In this week's report, the number of homes sold in the Andover market fell to 10 over the past 30 days, a decrease of 16.7% from last week's report, but still above the monthly average. In comparison, nearby Lowell had 91 sales in the same time frame, the most of all neighboring cities. The median sales price of all transactions in Andover did not budge this week, remaining at $440,000. With only two months of inventory to sell, Andover is a definite seller's market, in spite of the dip in sales.

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Demographic facts for Andover:

  • There are 2,376.6 people per square mile in this area.
  • The lifestyle rating here is 72. (Scale: 1 = Worst, 100 = Best)
  • 73.6% of the residents travel to work in an automobile, 6.6% via carpool, and 4.8% by way of public transit.

Data reported through 10/12/2016

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RE/MAX Prestige
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Coldwell Banker Residential Brokerage - Andover
Snapped 27 homes in this area
Century 21 North Shore/Fermin Group
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