Andover Real Estate Listing | Home Sold Within 98% of original list price!

COON RAPIDS, Minn. - Dec. 17, 2014 - PRLog -- The Chris Fritch Team at Keller Williams Classic Realty, Coon Rapids has a team of Anoka County Residential Real Estate Specialists who get homes sold on average for 101% of the listing price. The Chris Fritch Team is an award winning Team established over 27 years ago.

This Andover real estate listing was put on the Andover real estate market on September 2nd an accepted offer was obtained, sold and closed just 37 days on the market. This Andover home is in the Fox Woods subdivision of Andover, MN.

The Andover real estate listing is a lovely modified two-story home, single family residence. This home has 3 bedrooms and 2 bathrooms. This home also includes an oversized, fenced yard.

Owner of The Chris Fritch Team, Chris Fritch says “Thank you for the opportunity to work with such lovely people and thank you to my staff for continuous marketing and systems that helped get this Andover couple on to their next Andover Home! It is my duty to hold myself and my team to the highest ethical and professional standards. We will provide all our clients a professional experience with a personal touch. We build lasting friendships and fulfill dreams. My 27 years in the real estate business, my professionalism, and my 100% satisfaction guarantee will ensure you a top-rated experience. I pride myself on being a leader in my industry, and I want to be your Realtor ® for life.”

This Andover home is located in the zip code region of 55304. The number of active listings in Andover (55304) dropped by 11.9% from the previous month. The median number of days active properties have been listed is 73. This is significantly shorter than the national average. The Chris Fritch Team was able to get this Andover home sold in only 37 days of market time. Well below the average.

The number of sales in September dropped by 89.8% from the previous month

The median listing price in Andover 55304 is $289,110. There are currently 199 Andover homes for sale in 55304. Out of those Andover homes for sale there are 16.1% distressed listings. A distressed listing indicates either a Andover short sale or foreclosure.

The percentage of owner occupied homes in Andover 55304 is 26.83%. The percent of rental properties in Andover 55304 is 12.17%.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area. High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area. At this time all numbers point to increased Andover property values and a medium range of days the property is active on the market.

Median household income in 55304 is $90,073 with 475 households earning between $35,000 to $40,000 annually. The largest income bracket in the Andover zip code of 55304 earns between $75,000 and $100,000. This income bracket represents roughly 2,588 homes in Andover 55304. The second largest income bracket in 55304 earns between $50,000 and $75,000 a year. This income bracket represents approximately 1,950 homes.

For the zip 55304, 20.81% of the residents in Andover 55304 have completed a Bachelors degree.  8.45% of the people have completed a graduate’s degree as their highest education level. 12.78% of the population in 55304 have completed an associate’s degree as their highest level of education. 27.35% of the residents in this zip code region are reported to have completed some college.

The median age in this area of Andover is 37 years old. 40% of the residents in this area are reported to be married. There are 15,291 Andover homes in 55304. Out of those homes there are 7,012 homes with children included in the residents.

About:

The Chris Fritch Team with Keller Williams Classic Realty is an award winning team of Anoka County specialists primarily serving Andover, Blaine, Coon Rapids, Cambridge, Isanti, Otsego and Ramsey, Minnesota.

The Chris Fritch Team is dedicated to providing personal service to each and every one of their clients. That is why they have systematically created a team based on the “one thing” they all excel at. From a seasoned Listing Specialist, a Marketing Specialist, a Buyer Specialist and a Client Care coordinator, The Chris Fritch Team ensures your Real Estate transaction will be well handled from beginning to end.

Chris Fritch

1740 116^th Ave. NW. #100

Coon Rapids, MN 55448

www.HomesinAnokaCounty.com

763-746-3997