Andover, MA Real Estate

Finding real estate in Andover, MA, doesn’t have to be difficult. When you arm yourself with timely and accurate information about availability, you find what you need more quickly and easily. The best way to enjoy easy, ongoing access to the kind of info that you need is by connecting with Boston City Properties. That is because we maintain one of the largest and most comprehensive online databases of searchable MA real estate listings around. It includes listings for properties for sale and for rent in Andover and in all other cities and towns in the state. You don’t have to pay a thing to use it; simply complete the easy signup form, and you will have instant access. We offer a wealth of additional resources too, so read on to learn more.

With a population of around 33,200 at the time of the 2010 U.S. Census, Andover, MA, is large enough to support a fairly robust real estate market. Situated about 22 miles north of the city of Boston, this Essex County town is overwhelmingly residential in nature, and it is made up of numerous subdivisions and neighborhoods. It is bordered by several communities, including North Reading, Lawrence, Wilmington and North Andover. Boston City Properties has agents in this town who know its market well, and we can put you in touch with one whenever you’re ready. With their help, finding what you need will be easy.

If you are looking for a really good deal on residential property, you’re unlikely to find it in Andover, MA. That’s because property values here are far higher than the average for the state, as this is a predominately upscale area. To put it into perspective, the median list price for homes in MA is around $419,000; in Andover, it is around $692,000. The median sale price for homes across the state, $356,000, is far lower than that of this town, which is $565,000. If you would prefer to compare properties based on cost per square foot, note that it is $242 for the state and $276 for Andover.

Because this is a fairly large community, an average of around 115 residential properties are listed for sale and rent at any given time. This includes condos, single-family homes, townhouses and apartments. They tend to sit on the market for an average of 42 days, which is a bit long. However, this shouldn’t be an issue for you as a buyer. In fact, it is to your advantage because it usually means that you can negotiate a better price. We can connect you with a local agent who can assist with such negotiations, ensuring that you get the best value.

All told, there are approximately 12,175 residential properties in the town of Andover. These include not only single-family homes but townhomes, condos and apartments too. Of that number, around 71 percent are single-family homes; again, the town is dominated by them. Around 4 percent are townhouses or condos, which is very low and means that finding such properties can be difficult. Finally, around 25 percent of residential properties are apartments. Across the town, around 77 percent of residential properties are owned, around 23 percent are rented and roughly 5 percent are vacant.

We can help whether you’re looking to buy or rent a home, condo, townhouse or apartment:

Single-family homes – As mentioned previously, around 71 percent of residential properties in this Essex County town are single-family homes—and many of them have very high property values and, in many cases, are quite large. With the median list price around $692,000 and the median sale price around $565,000, it is safe to say that properties here retain their value. The market here for such homes is competitive, and it helps enormously to have an expert by your side. Boston City Properties can connect you with a local agent who is sure to make a huge difference for you.
Townhouses and condos – Only around 4 percent of all residential properties in this town are condos, which means that out of more than 12,000 properties, only around 450 fall into this category. That’s not to say that you’re out of luck if you want one, though. It just means that it will take a little longer since the pickings are slimmer. We have connections with skilled Andover real estate experts who specialize in townhouses and condos. Even if you’re looking to rent rather than buy, they are here to help.
Apartments – Roughly 25 percent of all residential properties in Andover are apartments, and this is fairly typical for communities in Massachusetts. It is good news for you if you need an apartment because there should be plenty of options to choose from. While the median monthly rent across the state is around $2,500, it is only around $2,050 in Andover. Therefore, it is probably easier to find an apartment to rent here than a home to buy. Either way, however, Boston City Properties is more than up to the challenge of helping you find exactly what you need in this bustling town.

How Boston City Properties Can Help

Although real estate hunting in a place like Andover is easier than in a huge city like Boston, there are still lots of challenges to overcome. Probably the worst thing to do is to try to go it alone, as you are more likely to have to settle for something that isn’t quite right. Therefore, make your first step signing up for access to our searchable listings. From there, navigate to our search tool to begin. Select Andover from the list of locations to limit your search there. If you’d like, you may select multiple places to cast a wider net.

After selecting this town from the list, adjust search filters to ensure the most useful and accurate results. You can select your desired price range, choose roughly how many square feet you need and select your preferences for the number of bedrooms and bathrooms that you need. By doing this, you will receive a list of results for properties that closely meet your requirements. Without having to get up from your computer, you can complete much of the searching for the properties that you’d like to buy or rent.

The search tool is wonderful, but it’s just one step in the process. Once you’ve successfully arrived at a reasonable list of options, you’d probably like to go look at them. While listings include photos and lots of info, there’s no way to know for sure without seeing for yourself. Whenever you are ready, contact us to be connected with an experienced real estate professional in Andover. They can arrange visits to properties on your list so you can decide more easily. If you’re buying, they can also help you during negotiations to ensure that you get a great deal, and they can guide you through closing and beyond.

Although finding suitable real estate in Andover, MA, may seem like a tall order, you’re sure to be pleasantly surprised by how easy it can be with the right help. Happily, you don’t have to break the bank to get the assistance that you need. All that you need is a minute or two to complete the simple signup form. With that out of the way, you will be ready to find a house, apartment or condo to buy or rent. Remember to contact us for a referral to a local agent when you’re ready. For more info, call Boston City Properties today.

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