The prices in real estate in North Andover, in the Massachusetts region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in North Andover has remained the same in the last 6 months. In November, the average price per sq.feet was $259. In December this price pretty much remained the same at a value of $264 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $261.5 to $265.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $263.5 to $275.5 during March y April
Based upon to the price in North Andover (cities), this has gone downing the last 6 months. The price in November is $871,227, rising in December till $979,071. During the following two months (January, February) the average price had a considerable reduction of 85 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $855,568 to $605,079, which means a 71 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $572,506 they are 59 % more affordable than the average price for North Andover. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $491,584.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $275 / sq.feet, with an average $276 / sq.feet price in North Andover. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $306 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $572,506 it is 41 % cheaper than the average price in North Andover. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $525,732 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $222 / sq.feet followed by "Townhouse" priced at $247 / sq.feet. "Office" is the most costly type of property with a $15,590 / sq.feet cost followed by "Condo" with an average price of $288 / sq.feet.