Open Houses TODAY
As tomorrow is Easter Sunday, when Open Houses are generally not held, there are some taking place today: (more…)
New listings slow to a trickle
I suppose it is not surprising that new listings have slowed to a trickle ahead of Easter weekend, but the continuing low level of inventory is highlighted in Where have all the sellers gone? (more…)
Where have all the sellers gone?
I am sure I am not alone in expecting that housing inventory would be higher this (early) spring, given the mild winter and continuing low interest rates,but that has not happened. In this post I look at inventory for both Single Family Homes (SFH) and Condos for local towns, Essex County and Massachusetts.
Marblehead, Swampscott, Beverly and Salem
None of these markets has higher inventory than last year – the big snow year, remember? All are sharply down from 2013 and 2014.
Similar story for condos – look at the drop in Salem.
MLS, Oliver Reports
Essex County and Massachusetts
These don’t show well in a chart so here are the numbers, which show a similar, but less pronounced pattern.
Changes in inventory since 2013
The last two charts show the percentage decline in inventory since 2013.
MLS, Oliver Reports
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Read Which broker should list my house for sale?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
Would you like red or white wine with your Texas mansion?
Everything’s bigger in Texas, including this 6,000 bottle wine cellar in a “Tuscan villa” in Texas which is being sold by auction soon:
The correct answer, of course, is champagne. here are a few appropriate ones from which to choose. (more…)
Broken link to Marblehead Oceanfront Open Houses fixed
Click on Marblehead Oceanfront Open Houses or from the original post.
My apologies for any inconvenience.
Today’s Open House list
No worries about tonight’s possible storm so head out to these Open Houses: (more…)
3 Marblehead Oceanfront Open Houses
It’s a great day to visit Marblehead and see these Marblehead Oceanfront Open Houses
Boston rents set new record
The average rent in Boston in the fourth quarter of 2015 topped $2,000 for the first time, rising 5.5% from a year earlier, according to this report from Reis.Inc.
Meanwhile, a new Zumper report shows that the median rent for a 1 bedroom apartment in Boston in February was $2,290. The “good” news is that rents in Boston have dropped slightly of late while those elsewhere continue to rise.
Source: Zumper.com
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Read Which broker should list my house for sale?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
New Listings still low in Marblehead and Swampscott
While new listings remain very low in Marblehead and Swampscott, they really picked up this week in Salem and Beverly:
HarborsideSIR
Marblehead new SFH listings
Marblehead new Condo listings
Swampscott new listings
Salem new listings
Beverly new listings
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Read Which broker should list my house for sale?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
Would you pay $500,000 for one parking space?
I bet you get asked this question all the time, right:Would you pay $500,000 for one parking space?
The owner of this London parking space will presumably find out quite soon if somebody is willing to fork out that sort of money for this 19.5 ft by 8 ft space:
Daily Telegraph
The highest price I have found for parking in Boston remains the $560,000 for two tandem parking spots I reported on back in 2013. Meanwhile, in Manhattan, a couple of new condo developments are offering parking for $1 million. Really.
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Read Which broker should list my house for sale?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
Today’s updated Open House list
Here is a full list of today’s Open Houses:
Source: andrewjoliver.com
New listings this week
It’s that time of the year when houses that did not sell last year come back to the market, and that is the case with several of this week’s new listings:
MLS,Oliver Reports
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings (more…)
Trulia’s Marblehead homes give away
I have been very good in not picking on Trulia’s “statistics” for some months now but this is one I could not resist.
According to Trulia, the “average listing price for all homes in 01945” was 242% below the listing price of a house at $3.5 million.*
OK, Trulia here is a math lesson. (more…)
Two Marblehead Oceanfront Open Houses
There are only 2 Oceanfront properties listed for sale in MLS and both have Open Houses today.
My Another $4 million sale in Marblehead post pointed out that there have been 6 sales over $3 million (4 of them over $4 million) in recent months with 2 more pending sales of properties listed over $3 million.
We are seeing buyers from Boston at all price levels as they take advantage of the high prices there to sell and move to Marblehead and surrounding towns where they can buy at very attractive prices. (more…)
Another $4 million sale in Marblehead
When I wrote Marblehead sets record for $3 million sales in late January I was unaware that a private sale was about to take place at $4.5 million. There are two interesting things about this sale: it was not on the Neck and it was not waterfront.
This transaction takes the number of sales over $3 million in the last six months or so to 6 with two more pending sales of houses listed over $3 million.
There are just 2 Oceanfront properties on the market in Marblehead and both have Open Houses today. (more…)
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