Most homes in North Andover barely have time to gather dust before an offer lands. So when a 65 Saile Way estate closed $295,000 under its $2,795,000 asking price, it stood out — even while still topping the town's monthly sales at $2.5 million.

The 2003-built, 8,510-square-foot home comes with five full and two half bathrooms, a four-car garage, a finished lower level with a home theater and wine cellar, and a patio built around a fire pit. At $294 per square foot, it still sold for more than double North Andover's single-family median of $1.20 million. Saile Way itself is one of the town's priciest streets, with neighboring homes valued between $2.1 million and $3.8 million.

North Andover logged 19 single-family sales in June with homes drawing offers in a median of just six days. Only 85 active listings and 2.4 months of supply remain — classic seller's market territory — and prices in the 01845 zip code ticked up another 1% for the month.

Pending home sales across the Northeast jumped 8.7% month-over-month and 6.1% year-over-year in May, according to the National Association of Realtors. Chief Economist Lawrence Yun credited "pent-up housing demand and consumers' acceptance of above-6% mortgage rates as the new normal."

Next door, Andover posted a $1.30 million single-family median with 36 sales in June — nearly double North Andover's volume. Town-wide, North Andover's overall median home price sits around $740,000. At today's mortgage rates near 6.75% with 20% down, buying that median-priced home takes a household income of about $204,000 a year.