Market Report Andover, Massachusetts
Single Family Homes Y e a r E n d 2 0 14
Andover Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Range $240,500 - $450,000 $204,000 - $891,500 $320,000 - $1,465,000 $460,000 - $2,050,000 $770,000 - $2,487,500
2 Bed 3 Bed 4 Bed 5 Bed 6+ Bed
Number of Listing Sold 14 103 162 40 5
Days on the Market 84 65 70 93 184
Average Sale Price $ 319,361 $ 461,223 $ 686,155 $ 875,444 $ 1,276,500
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 $667,767
2005
% Change -4.765% -4.870% -3.606% -1.998% 2.227% -5.319% 8.227% -0.437% 5.909%
$635,950
2006
Number of Listing Sold 368 291 310 247 251 284 277 325 358 324
Days on the Market 86 129 116 116 109 103 94 95 71 73
Average Sale Price $ 667,767 $ 635,950 $ 604,982 $ 583,165 $ 571,516 $ 584,241 $ 553,164 $ 598,673 $ 596,059 $ 631,279
$631,279 $604,982 $583,165 $571,516 $584,241 $553,164 $598,673 $596,059
2007
2008
Source: MLSPIN, as of 01/23/2015
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Andover, MA Single Family Homes, 1/1/2014 - 12/31/2014 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$200,000 - $249,999
4
175
$226,750
$253,225
90
$308,225
74
$250,000 - $299,999
10
96
$278,509
$289,650
96
$302,280
93
$300,000 - $349,999
12
72
$321,167
$334,200
96
$350,550
92
$350,000 - $399,999
27
66
$372,841
$381,294
98
$387,885
96
$400,000 - $449,999
13
113
$427,954
$432,677
99
$450,508
96
$450,000 - $499,999 $500,000 - $599,999
39 72
58 55
$472,249 $547,179
$477,803 $553,463
99 99
$489,746 $563,724
97 97
$600,000 - $699,999
47
63
$648,221
$654,342
99
$663,193
98
$700,000 - $799,999
37
71
$751,070
$761,846
99
$777,670
97
$800,000 - $899,999
29
64
$855,609
$863,845
99
$877,531
98
$900,000 - $999,999
11
101
$934,364
$944,845
99
$980,318
96
$1,000,000 - $1,499,999
20
150
$1,203,600
$1,268,885
95
$1,322,125
92
$1,500,000 - $1,999,999 $2,000,000 - $2,499,999
1 2
19 149
$1,587,500 $2,268,750
$1,625,000 $2,694,500
98 84
$1,625,000 $2,844,500
98 80
324
73
$631,279
$645,377
98
$661,766
96
Price Range
Total Properties Source: MLSPIN, as of 01/23/2015
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