Andover MA Single Family Home Sales Trends
Andover Single Family Home Sales The media is full of economic news and housing and mortgage market reports. To sort through all the information in the news and to add some historical perspective current home values and sales trends for Andover, MA I prepared this chart. I think its a great tool to help understand the Andover housing market. Notice that sales prices in Andover are not dropping dramatically. Keep in mind, however, that the total number of units sold has dropped significantly…down 21% in fact from 2007 when 310 homes were sold to 2008 when 245 homes sold. If you’re a home buyer that means prices may not go much lower so with mortgage rates at historic lows — I saw a rate sheet today offering a 30 year fixed mortgage for 4.875% abd no points!– this year may be your best opportunity to buy! If you’re a home seller be encouraged that the value of your well maintained home is not plummeting—at least not here in Andover. With good advice and my expert marketing plan we can get your home sold.
