Continued Buyer's Advantage Market Conditions
Months of inventory available is up 51.5% from December 07 to March 2008 in North Andover and up 48% in Andover for the same period, while year over year inventory levels are down 50% tempering a free-fall in market values.
Good selling opportunities are available this week in Andover with the % of homes going under contract month to month jumped up from 12 to21% February to March. Sellers must be priced and conditioned competitively compared to the top 3 choices in their category to sell.
In North Andover, the % of inventory going under contract is down overall since December causing sellers to have to price below all choices in the market to effect the sale they want. An expert agent representative, will
highlight their home on their Current and well-read BEST BUY List.
The best buyer opportunities this week are in the $700-800,000 range in North Andover with 42 months inventory and 13% of the inventory pending and $300-400,000 and $600-700,000 offering the best opportunities in Andover.
Monday, March 31, 2008
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