The median sale price of a home sold in the first quarter of 2017 in Andover rose by $26,500 while total sales increased by 16.9%, according to BlockShopper.com.
From January through March of 2017, there were 83 homes sold, with a median sale price of $265,500 – a 11.1% increase over the $239,000 median sale price for the same period of the previous year. There were 71 homes sold in Andover in the first quarter of 2016.
The median sales tax in Andover for the most recent year with available data, 2014, was $2,531, approximately 1% of the median home sale price for the first quarter of 2017.
The following table compares Andover to other Anoka County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. – Mar. 2017 Home Sales | Jan. – Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. – Mar. 2017 Median Sales Price | Jan. – Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ham Lake | 34 | 26 | 30.8% | $309,950 | $292,250 | 6.1% |
| Lino Lakes | 35 | 43 | -18.6% | $298,000 | $240,000 | 24.2% |
| Andover | 83 | 71 | 16.9% | $265,500 | $239,000 | 11.1% |
| Centerville | 4 | 9 | -55.6% | $264,900 | $200,000 | 32.5% |
| Columbus | 12 | 11 | 9.1% | $261,000 | $215,000 | 21.4% |
| Nowthen | 12 | 10 | 20% | $251,450 | $300,000 | -16.2% |
| East Bethel | 23 | 27 | -14.8% | $240,000 | $215,000 | 11.6% |
| Ramsey | 60 | 57 | 5.3% | $239,400 | $242,900 | -1.4% |
| Oak Grove | 14 | 12 | 16.7% | $236,537.50 | $208,500 | 13.4% |
| Blaine | 154 | 193 | -20.2% | $206,750 | $205,000 | 0.9% |
| Lexington | 3 | 3 | 0% | $200,210 | $191,000 | 4.8% |
