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North Andover, MA Real Estate News

By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
North Andover Real Estate - Stats and Trends (condos) ..and here is the statistics for condos sold in North Andover in the month of September 2010. Well...I think I do not need to put a whole chart here - only 4 condos sold in North Andover in the month of September (courtesy: MLSPIN) with median price of $264,450! Again, good news is - average days on market atre 84 - and hope it will get better. Since I have little more room to blog about, let me present the charts for the trends in Single Family sales of North Andover over last 90 days (courtesy: AltosResearch). Here is the chart - This one shows a declining trend for median price and increasing inventory. Sellers, do you still want to wait or do the price adjustment? I hope this 'insight' helps you take decision!
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
  North Andover Real Estate - Stats and Trends I blogged out stats and trends in Andover, Burlington, North Reading and Wilmington recently. Now is the turm of North Andover. Here is the activities/sold statistics for North Andover for the month of September 2010. It is hard to believe that highest sold price is ONLY $550,000. (This data is from MLSPIN and for Single Family Homes only). With median price going down, only one comfor factor is - days on market is 69. Let's hope things change for better for North Andover!
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
How is the market for North Andover Real Estate? Let me share some of the charts (Courtsy: AltorsResearch) and discuss what is happening in North Andover Real Estate Market. This chart clearly indicates that inventory has increased in North Andover in last 90 days (from 112 to 126), median sale prices are falling rapidly - they are still down! Almost $30,000 in 3 months! So, if you are waiting to buy in North Andover, may be.....Just be cautious of the rising mortgage interest rates - they are one of the lowest in many years!!!
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
North Andover Real Estate - Home Sale Statistics for August 2010 (CONDOS,TOWNHOUSES) Here is how the month of August 2010 was for North Andover - related to the sales of Condos and Townhomes.   As numbers suggest, the median price is higher than average price and number of days on market for condos are substantially less (almost 40 days less) than the same numbers for single family homes in North Andover. Nonetheless, the sale of 11 units is encouraging and giving a total better scenario for North Andover market. Another good point is - 96% sale to list ratio. Let's see what North Andover has in store for September!
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By Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale
(LAER Realty Partners)
North Andover Real Estate. Here is the total homes (SINGLE FAMILY ONLY) sold (courtesy: MLSPIN) for the month of August 2010. As you can see, a very good median and average price for the 20 sales in North Andover this month, making sure it is not very much behind Andover in terms of price! Of course, the average has gone up because of the single sale of over a million dollar - but that's what the market is all about! Days on market are still high compared to Andover - almost 5 months (not counting the days after the home is UAG) - so it is still buyer's market in North Andover based on these numbers.
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By Lynda Longmire
(Virtual Homes Real Estate)
North Andover Massachusetts Real Estate Market Reports for 2009 Single Family Home Sales The North Andover, MA real estate market report indicates that there were 195 homes sold in 2009 as compared to 180 in 2008. This represents a 8% increase in the number of homes sold. The average sales price changed from $528274 in 2008 to $459480 in 2009, a 13% decrease in value. The days on market changed -13 % from 136  to 118. Visit North Andover MA real estate for information about the community, relocation, demographics, MLS search, home buying and selling guides.   Go to North Andover MA homes for sale to view current listings of homes, condos, multi-family and land listings. Condominium Sales The North Andover, MA condominium market data indicates that there were 108 condos sold in 2009 as ...
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By Kevin Vitali, Helping Massachusetts Home Buyers and Home Sellers
(EXIT Realty Beatrice Associates)
Heritage Green in North Andover MA is a large complex with affordable condominium units.  There are 438 garden units in the complex.  The complex was built in about 1970 and all the landscaping is nice and mature.  The grounds are well kept, and the amenities include a pool, tennis court, excersize room and a club house. There are one and two bedroom units with a few 3 bedrooms units with 2 baths.  Prices range from the low 100k's to the mid 100k's.  Located right off 125 you have great commuter access to both 495 and 93. View all the condos for sale at Heritage Green in North Andover. View all the condominiums, condos and townhouses for sale in North Andover MA, 01845 Thinking of buying a Massachusetts condominium? Check out my Condominium Buyers Guide View Larger Map
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By Lisa Johnson Sevajian, Vice President
(Coldwell Banker Residential Brokerage)
Well I am happy to be able to say I live in North Andover Massachusetts and it is an excellent place to live. The proximity to Boston allows commuters to have a suburban lifestyle but keep their high profile job. The NH border being so close by allows families to save $$$ on taxes by shopping there. The town itself has a newly built youth center that is second to none. The high school is new with a well rounded program covering arts, core curriculum, athletics and computer literacy. The elementary schools have small class sizes and caring teachers.The parks in town are kid friendly. You can dine at any one of more than a handful of excellent restaurants Mexican,Indian, Italian. North Andover residents are ethnically diverse. Our tax rate is considered low compared to similarly regarded ...
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By Greg Afarian
(Virtual Media Realty & ZIPVO)
Are you using a "old school" Realtor who uses "old school" marketing techniques? This is a great question the next time someone is out looking for the right Real Estate Agent to use. I say it all the time but, times have changed! If you ask me, there are many key questions I would ask if I was looking to have someone work for me when buying or selling a home in today's market. 1. Are you an "avid" user / embraces Social Media? (Having a user name and password on Facebook doesn't count) 2. Do you use video to market your properties? (No, virtual tours don't count) 3. Do you have your own blog? 4. Do you use resources like ActiveRain, Zillow, Trulia to get your word out there? 5. Would you do a single property site for my listing? 6. Are you going to provide me with Analytics on what your...
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North Andover MA Real Estate - Homes Sold Report - 2009 The North Andover MA real estate and homes sold activity shows that there were 195 single family homes transacted in 2009 with an average sales price of $459,480 and an average days on market (DOM) of 118. The highest selling price of a home was $1,075,000.  Visit the Virtual Homes Blog for a MA statewide report. Additional resources to evaluate the North Andover real estate market include: North Andover MA Real Estate - Community, relocation and school information with town demographics. North Andover MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales. North Andover MA MLS Search - View all listings in the statewide MLS. North Andover MA Homes for Sale - Map Search - Search by location, neighb...
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North Andover MA Condo Market Activity - YTD (10/31/2009) There were 87 condos sold YTD in North Andover, MA with an average sales price of $227,313 and an average days on market of 260. The selling range was a low of $75,000 and a high of $569,900. As of October 31, there were 51 condos on the market, with an average listing price of $312,996 and an average DOM of 146 days.  For sales pending, there were 9 units under contract with an average list price of $260,978 and an average DOM of 322.   Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services. North Andover MA Real Estate - Community, relocation and school information with town demographics. North Andover ...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
North Andover Massachusetts Single Family Market Activity - Year to Date (10/31/2009) There were 167 single family residences sold YTD in North Andover, MA with an average sales price of $456,374 and an average days on market of 116.  The selling range was a low of $147,000 and a high of $1,075,000.  The average sales price has dropped -13% as compared to 2008. North Andover MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.   The number of homes sold increased over 2008 from 153 to 167 units.  Low interest rates and affordability are contributing to the activity. Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions.  Click on the following links for your choice of services. North Andove...
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By Richard Rosa, Exclusive Buyer Agent
(Buyers Brokers Only, LLC)
Bucking the trend in most Massachusetts communities, North Andover, MA posted a 3.9 percent increase in the median price of a single-family home through the first three quarters of of 2008 ($509,300) compared to the same nine-month period in 2007 ($490,000). The data comes from the MLS Property Information Network, Inc. Sales of single-family homes, on the other hand, declined 11.9 percent, from 159 sales  to 140. The median price of a condo in North Andover decreased only 0.2 percent during the first three quarters of 2008 compared to the same period in 2007. Condominium sales declined 26 percent, from 115 to 85. I have put together more detailed below. Single-family Sales            Jan. 1st through Sept. 30th            Year    No. of Sales      Median Price     DOM2005      208     ...
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By Linda Norton
(Virtual Homes Real Estate)
Check out my website and get all the information that you may need when selling or buying a home. http://www.lindanortonrealtor.com
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By Greg Afarian
(Virtual Media Realty & ZIPVO)
Getting back from the Inman Connect Show in San Francisco a month ago one theme that has been in my mind has been that Real Estate is "LOCAL".  After all your not just selling or buying a home your buying into a community, a neighborhood, a town, a school system, a place to live with your family.  For this reason Video can be a HUGE advantage in explaining and showing a potential homeowner why this home / town / neighborhood is for them! Obviously, most of you Realtors are not going to pay a professional money to shoot a community video.  Maybe you will?  But, that is the beauty of this is that it's up to you to express what you feel in the video...  Check this one out of me and ZipvoMonty taking a walk outside our office in Downtown North Andover, MA 01845 :-)  By of now...  More detai...
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By Susan Rochwarg
(Keller Williams Realty)
Market Snapshot and AbsorptionNorth Andover MA 3rd Quarter-thru Sep 25, 2007   Single Family For sale:    180     dom:   139 Avge$ 613,653Pending:     11      dom:   126  Avge$ 744,298Sold(6 m):  124    dom:   117  Avge$ 554,777   Absorption:  # Sold 6 mths: 20/mth based on 6 mth rolling average# Sold in most recent 30 days: 14# Sold since Jan 01, 2007= 155 units 17/month YTD$523K average 122 dom Mths of inventory:   10.5 months  Same period sales prior years performance:2002- 206  units $506 81 dom2003-218 units $523 80 dom2004-233 units $543 69 dom2005 -202 units $584 82 dom2006-163 units $562 107 dom Information from MLSPIN data deemed reliable and accurate Pending- accepted, firm contract to purchase- price is list price at time of contractDOM= days on market from list date to date ...
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By Susan Rochwarg
(Keller Williams Realty)
Improving the environment in which our families live takes so little from you. You can choose to spend thousands on state-of-the-art green upgrades, but there are plenty of changes that can be made around the house right now, for little expense and effort. Here's a few of my favorites- even we can be more green: Visit  http://www.energystar.gov/ -for everything from appliances and home electronics to insulation and windows, doors and skylights are listed here. If you are looking at making serious home upgrades, this is an excellent first stop for products, information and ideas. CLEANING PRODUCTS: Pay close attention to the cleaning products you use. Vegetable-based, environmentally friendly cleaning products and homemade cleaners can get the job done while reducing the possibility of s...
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By Jay Burnham, The Coldwell Banker Guy
(Coldwell Banker)
Lake Cochichewick and rolling hills dominate the charming community of North Andover, located 35-45 minutes north of Boston, just off I-495.  Atlantic beaches, the New Hampshire mountains, and Greater Boston's cultural centers are just a short distance away.Housing opportunities abound in nearly every style and price range; condominiums and townhouses, older single family and multi-family dwellings, and an extensive choice of new construction.The population of North Andover is about 27,000 and the distance to Boston is 24 miles.Regards,Jay Burnham, VPColdwell Banker Residential BrokerageNorth Shore, Massachusetts     
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By Richard Rosa, Exclusive Buyer Agent
(Buyers Brokers Only, LLC)
The Town of North Andover is located in Essex County, approximately 24 miles north of Boston and 243 miles north of New York City. The town lies along the banks of the Merrimack River and is surrounded by the communities of Methuen, MA, Haverhill, MA, Boxford, MA, Andover, MA, Middleton, MA, North Reading, MA and Lawrence, MA. The border of sales-tax-free New Hampshire is less than a 20-minute drive from North Andover. A highly-desired community, North Andover's real estate market includes both older and newer houses, townhouses and condominiums in a wide range of prices. You can search North Andover real estate now for free. North Andover consists of about 26 square miles of land, and it has a population of more than 22,000. The settlement of the town began in 1640, and it was incorpor...
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