andover real estate market data - dwell360

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Single Family Homes Year End 2014 Andover, Massachusetts Market Report

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Dwell360 has published this report on the residential real estate market statistics for 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, and 2005 for Andover, Massachusetts. The market statistics include residential sales averages for single family homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.

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Page 1: Andover Real Estate Market Data - Dwell360

Single Family Homes

Year End 2014

Andover, Massachusetts

Market Repor t

Page 2: Andover Real Estate Market Data - Dwell360

Range

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2 Bed $240,500 - $450,000 14 84 319,361$

3 Bed $204,000 - $891,500 103 65 461,223$

4 Bed $320,000 - $1,465,000 162 70 686,155$

5 Bed $460,000 - $2,050,000 40 93 875,444$

6+ Bed $770,000 - $2,487,500 5 184 1,276,500$

Year % Change

Number of

Listing Sold

Days on

the Market

Average

Sale Price

2005 368 86 667,767$

2006 -4.765% 291 129 635,950$

2007 -4.870% 310 116 604,982$

2008 -3.606% 247 116 583,165$

2009 -1.998% 251 109 571,516$

2010 2.227% 284 103 584,241$

2011 -5.319% 277 94 553,164$

2012 8.227% 325 95 598,673$

2013 -0.437% 358 71 596,059$

2014 5.909% 324 73 631,279$

Source: MLSPIN, as of 01/23/2015

Andover Statistics

Average Sale Price - Number of Bedrooms - 2014

Historical Average Sale Price - Past 10 Years

Single Family Homes

$667,767 $635,950

$604,982 $583,165 $571,516 $584,241 $553,164

$598,673 $596,059 $631,279

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Page 3: Andover Real Estate Market Data - Dwell360

Market stat ist ics

[email protected] | 617-299-1854

Single Family Homes, 1/1/2014 - 12/31/2014

# of Avg. Days Average Average SP:LP Average SP:OP

Listings on Market Sale Price List Price Ratio Orig Price 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 39 58 $472,249 $477,803 99 $489,746 97

$500,000 - $599,999 72 55 $547,179 $553,463 99 $563,724 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 1 19 $1,587,500 $1,625,000 98 $1,625,000 98

$2,000,000 - $2,499,999 2 149 $2,268,750 $2,694,500 84 $2,844,500 80

Total Properties 324 73 $631,279 $645,377 98 $661,766 96

Source: MLSPIN, as of 01/23/2015

Price Range

Total Sold - Andover, MA

Page 4: Andover Real Estate Market Data - Dwell360

www.Dwell360.com [email protected]

617-299-1854

Dwell360 46 Austin Street Suite 302 Newton, MA 02460

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