I was looking at the most recent data on sales, under agreements and current inventory and was surprised by a recent change. Given the market shift we have been experiencing I was surprised to see that upper end homes are selling...and relatively quickly. In Andover, MA our current absorption rate is approximately 5 months* for properties with an asking price of between $700,000 and $900,000. *(meaning based on recent sales and pendings from MLSPIN we have approximately 5 months of active inventory currently for sale). There are many great opportunities for buyers and the low inventory in certain price ranges creates a perfect opportunity for some sellers as well.

Check out some of the luxury homes currently offered for sale here Luxury Homes For Sale

Mark Gracy
The Gracy Team
Keller Williams Realty
GracyTeam.com
(978) 984-3107 Office
(978) 861-4016 Direct
mark@gracyteam.com