New Listings: the prior post has been updated
Thanks Comcast! All the details are in the earlier post.
New Listings in Marblehead, Swampscott, Salem, Beverly and Lynn
Here are this week’s new listings:
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Open Houses today in Marblehead, Swampscott, Salem, Beverly and Lynn
If you are staying in town this weekend – or visiting – check out these Open Houses and steal a march on the competition!
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Inventory Challenges Continue
This chart from the National Association of Realtors sums up the continuing shortage of houses for sale:
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Come and see this Marblehead House on Goldthwait Beach
This promises to be a great weekend to get out of the city and visit Marblehead. While here, be sure to visit the Open House at 46 Gallison Avenue from 12-1:30 on Sunday, or call for a showing at any time. The website includes a video of the property – and the views.
Can you imagine living here and waking up to this
followed by this
and then this
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Buyers gaining on Sellers – again
One of the unusual features of the housing market this year has been the absence of the normal seasonal increase in supply of homes for sale.
The table below shows inventory for the last three weeks for both SFHs and Condos (with current inventory in bold) and compares it with inventory at the beginning of the year.
Why did inventory increase in the week ending May 20? Well, May 14 was Mother’s Day and there were no Open Houses. So Mum may have got flowers and a card, maybe brunch, but she didn’t get a new home as the number of houses receiving offers dropped sharply in the following week, leading to an increase in inventory.
Last weekend there was a full slate of Open Houses and this week the number of properties receiving offers jumped up again – and hence inventory dropped as there were fewer new listings.
But now, look at the last two columns and see that, with the exception of Swampscott and Lynn, the increase in SFHs for sale since the beginning of the year has been unusually low, while the supply of condos has actually dropped in 4 of the 5 towns.
Another phenomenon this year has been the slow pace of sale at the higher end, certainly above $1.5 million. I shall report on this in more detail in a later report, but look at these numbers for Marblehead so far this year:
The lower average price is driven by the drop in sales over $1.5 million from 7 in 2016 to just one so far in 2017.
I have reported in recent weeks about 60 groups attending an Open House in Swampscott for a house priced in the $500ks and 90 at one in Marblehead priced in the $600ks, and this past week a house in the $700ks received 10 offers. Clearly, demand in this price range remains very strong and indeed seems to be growing.
And while sales of houses over $1 million have been slow, some 20 groups toured an Open House for a home listed above $1.3 million.
Is it just timing at the higher end or is there something more fundamental occurring? That is a question I shall try to answer in another post in the near future. What I can say is that there are currently only 19 SFHs for sale in Marblehead under $1 million – and at this date last year there were 45.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
New Listings ahead of Memorial Day
This is beginning to sound like a broken record but this past week was another quite one for new listings. Read my post Buyer gaining on Sellers – again for more details on the current market inventory.
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
New Listings in Marblehead, Swampscott, Salem, Beverly and Lynn
Here are the new listings so far this week:
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings
Not sure how to choose the broker to sell your home? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Perfect Day to see Perfect Marblehead Beach House
What a glorious day for an Open House 12-1:30 at 46 Gallison Avenue
Can you imagine living here and waking up to this
followed by this
and then this
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Open House Bonanza: Sunday May 21
After the pause last week for Mother’s Day, the Open House show is back on the road today in earnest:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Saturday Open Houses
Perhaps not as many Saturday Open Houses as I would have expected with quite a lot of new listings this week. With a very busy schedule of Open Houses tomorrow, going to see these Open Houses today may give buyers an edge in this market.
Marblehead Saturday Open Houses
Swampscott Saturday Open Houses
Salem Saturday Open Houses
Beverly Saturday Open Houses
Lynn Saturday Open Houses
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
The week’s new listings in Marblehead, Swampscott, Salem, Beverly and Lynn
Here are the new listings over the last week. We are starting – finally – to see an increase in new listings:
Marblehead new listings
Sawmpscott new listings
Salem new listings
Beverly new listings
Lynn new listings
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
New Listings in Marblehead, Swampscott, Salem, Beverly and Lynn
Here are the week’s new listings:
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Are you thinking about selling? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Mother’s Day Open Houses
Here are just a few Open Houses:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses
Not sure how to choose the broker to sell your home? Read Which broker should I choose to sell my house?
Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer
If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
Recent Comments