John LaBelle - Your Merrimack Valley Realtor®
John LaBelle
Serving Buyers and Sellers in Massachusetts and Southern New Hampshire

Andover


Andover is a suburban community in Essex County located at the junction of Interstates 93 & 495.  Located just south of the Merrimack River and approximately 20 miles north of Boston, Andover offers a wide variety of housing.  Andover offers everything from condominiums for the first time buyer starting around $100,000 to multi-million dollar estates. There are many state parks and recreational facilities located throughout the town. The town is well known locally for both its public and private educational facilities. Andover is also home to Merrimack College. There are two commuter rail stations located in town, and the quick access to Interstate 93 offers a convenient commute to downtown Boston. For more information on the Town of Andover, click on the link to the Official Andover Home Page on the right side of this page.

Andover Housing Statistics


Year by Year Statistics
# Sold       2003 # Sold       2004 # Sold 2005 # Sold 2006 Median     Price 2003 Median  Price 2004

Median     Price 2005

Median  Price 2006 Avg. DOM 2003 Avg. DOM 2004 Avg. DOM 2005 Avg. DOM 2006
Single Family 347 361 368 291 $515,000 $553,900 $597,500 $548,000 58 55 86 129
Condominium 121 118 153 126 $192,000 $250,000 $307,305 $235,000 68 71 90 107
Multi-Family 5 14 4 3 $400,000 $420,000 $492,000 $400,000 66 40 97 70

 

3rd Quarter 2006 vs 3rd Quarter 2007 (July-Sept.)
# Sold Q3 '06 # Sold Q3 '07 % Change Median Price '06 Median Price '07 % Change Avg DOM '06 Avg DOM '07
Single Family 83 103 24.1% $564,500 $566,000 0.3% 125 82 Source: MLS/PIN & 
Condominium 22 18 -18.2% $270,000 $229,750 -24.1% 130 115 The Northeast Association of Realtors
Multi-Family 1 0 n/a $400,000 $0 n/a 28 n/a

 

 

More information coming soon. Please check back with us.

 

http://andoverma.gov/

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