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Our Andover, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Andover as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Andover, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Andover MA Community Profile & History
Andover, Massachusetts is located in Essex County, the most northerly county in the eastern part of Massachusetts. From the early days of the town, manufacturing was a major concern. The town's first powder mill was established in 1775; the manufacture of paper began in 1789; and in the early nineteenth century, woolen mills, a major New England industry of the era, were constructed. While many early businesses have since moved elsewhere, the town continues to attract major industry.
In recent decades, Andover has emerged as a highly affluent community with a strong economic base. Conveniently located near the intersection of two major highways, the town is well within commuting distance of Boston, and just a short drive away from the Massachusetts seashore and the White Mountains of New Hampshire. An accessible location and great potential for growth have attracted many professionals to the town over the years.
The community's real estate market has historically been strong and resistant to economic downturns. Municipal government remains commitment to stability and excellence in services along with maintenance of the highly regarded public school system. The town also offers top-quality private schooling opportunities at Phillips Academy and the Pike School. A thriving suburban community and an industrial leader in its own right, Andover offers an abundance of economic and cultural resources for professionals, families and businesses alike.
Andover, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Andover Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 129 291 $635950 $201000 $548000 $2888195 |
2007 116 310 $604982 $150000 $549950 $2988063 |
2008 116 247 $583165 $150000 $529900 $1816958 |
2009 109 251 $571516 $170000 $525000 $2800000 |
Average Selling Price of Single Family Homes in Andover
| 2006 |  $635950 | |
| 2007 | $604982 | |
| 2008 | $583165 | |
| 2009 | $571516 |
Andover Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 108 126 $287156 $75001 $234000 $1150000 |
2007 113 105 $286194 $85000 $251000 $930000 |
2008 119 67 $282080 $73000 $200000 $830000 |
2009 121 73 $277664 $61000 $189900 $1035000 |
Average Selling Price of Condominiums in Andover
| 2006 | $287156 | |
| 2007 | $286194 | |
| 2008 | $282080 | |
| 2009 | $277664 |
Regional Market Reports
MA Real Estate Market Report – First Quarter 2010
Andover Massachusetts Community Information
Andover Community Demographics and Local Resources
Request a Market Analysis on a Home in Andover
Andover Schools
Andover Area Newspaper
Andover MA Real Estate Information
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How to Buy Your First Home
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