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North Andover home prices are up

November 11, 2020 by Randy Tibbetts

 

North Andover home prices are up despite the Covid Pandemic. Year to year data shows an increase of average sales prices of 13%. People leaving the city along with lifestyle and work changes have fueled the home buying frenzy in the burbs.

What buyers are looking for: Fresh air, backyards, home offices (for two adults), a homeschooling area, space for pets, home gyms — plus proximity to beaches, lakes, parks and bike paths.

North Andover home prices are up

The number of listings in North Andover compared to 2019, maybe to be expected, was down 13%. The higher demand and less inventory made the year over year climb into the double digits.

Will the trend continue?

Stay tuned.

 

Filed Under: North Andover Listings, Real Estate, Real Estate News Tagged With: Bullish real estate market, Listing prices are up, North Andover homes, Pandemic prices

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Randy Tibbetts is a real estate broker providing clients with professional residential & commercial real estate services in Massachusetts.

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