New Listings week ending May 10
Here are the latest new listings: (more…)
Open Houses mostly on Saturday
As tomorrow is Mother’s Day most Open Houses this weekend are being held today (but check back tomorrow for an updated list): (more…)
Andrew Oliver joins Team Harborside as Market Analyst
I am delighted formally to be joining up with Matt Dolan and Dick McKinley of Team Harborside, as described in this release:
Andrew Oliver joins Team Harborside as Market Analyst
This new role allows me to concentrate on providing the analysis which will help Matt and Dick when they act for you in buying or selling your home. Please contact me for an introduction!
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReports.com
www.TeamHarborside.com
Andrew.Oliver@SothebysRealty.com
Mid-week New Listings May 8
Here are the latest new listings as of Wednesday May 8: (more…)
Open Houses on Cinco de Mayo
Grab your umbrella and head to these Open Houses: (more…)
Essex County Inventory: Town by Town
Conventional wisdom is that a market is in equilibrium between buyers and sellers when the inventory represents 6 months of supply.
The table below lists inventory in terms of months of supply from the lowest to highest and suggests that nearly every town in Essex County is still seeing a seller’s market:
Housing Inventory by Price in North Shore towns
While conventional wisdom holds that a market is in equilibrium between buyers and sellers when the current inventory represents 6 months of sales, that overall number masks major differences which occur at different price points.
The tables below show the position by price for Essex County overall and for Marblehead, Swampscott, Salem, Beverly and Lynn.
Essex County
The table below breaks down supply at different price levels for Essex County overall.This shows that the dynamic between sellers and buyers changes as prices go above $750,000.
Essex County Inventory Increases Further
The number of Single Family Homes (SFH) for sale in the 34 cities and towns of Essex County increased year over year (YOY) for the 11th consecutive month in May:
(more…)
Open Houses weekend May 4/5
Here are the Open Houses for the weekend. Don’t forget to check back at 8 am tomorrow for an updated list of Sunday Open Houses: (more…)
New Listings week ending May 3
Here are the new listings for the week ending May 3: (more…)
Lynn Q1 2019 Housing Market Report
[Click Lynn Q1 2019 Housing Market Report to download a copy of this report].
While the median price of Single Family Homes (SFH) sold in Q1 2019 increased nearly 8% compared with Q1 2018, it was only slightly higher than in the second half of 2018. Sales dropped slightly from last year’s record level. (more…)
Lynn 2018 Housing Market Review
The median price of Single Family Homes (SFH) sold in 2018 increased 5% to a new record, while sales dropped slightly.
Condos
The median price of condos sold in 2018 increased nearly 14% from 2017 on slightly lower sales. Lynn is seeing a wave of new construction and renovations, both of which have higher prices than older condos.
NB Numbers in bold represent record levels
Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Mid-week New Listings May 1
Here are the latest new listings. Check back this weekend for a report on current inventory. (more…)
“Home price growth screeches to a 6 1/2-year low”
“Home price growth screeches to a 6 1/2-year low, Case-Shiller says,” was the headline in a report about the latest Case-Shiller 20 City Index which showed that the rate of increase in February was marginally less than in January. The article started: “National home price appreciation has thudded back to earth.”
Wow, what catastrophe has occurred? (more…)
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