2020 Market Reports

Q3 2020 Market Reports
Marblehead Q3 Housing Market Summary
In Q3, the first full quarter of sales post the COVID-19 slowdown in March and April, the median price of the Single Family Homes (SFH) sold jumped to $846,000, more than $100,000 higher than any prior quarter. The median price in the first 9 months of the year increased 5.3% to a new record of $750,000.
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Swampscott Q3 Housing Market Report
The median price of the Single Family Homes (SFH) sold in the first 9 months of 2020 increased 4.1%, breaking $600,000 for the first time. Sales were steady, while the median Days to Offer (DTO) was just 7 days.
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Salem Q3 Housing Market Report
The median price of SFHs sold in the first 9 months of 2020 (YTD Q3) jumped 13.3% to $490,000. Sales eased a little from last year’s record level, and the median Days to Offer (DTO) was just 7 days.
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Beverly Q3 Housing Market Report
The median price of SFHs sold in the first 9 months of 2020 (YTD Q3) increased 5.8% to $550,000. Sales were in line with 2019 and the median Days to Offer (DTO) was just 7 days.
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Essex County Q3 Housing Market Report>
The median price of SFHs sold in the first 9 months of 2020 (YTD Q3) jumped 11.8% to $532,500, comfortable breaking through the $500,000 level for the first time. Every one of the 34 cities and towns saw a Year on Year increase. Most of the sales decline occurred in the COVID-19 impacted Q2. The median Days to Offer (DTO) was just 10 days.
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Market reports for other towns in Essex County and beyond are available on request

Mid-Year 2020 Market Reports
Market reports for Amesbury, Beverly, Boxford, Danvers, Gloucester, Lynn, Marblehead, Peabody, Rockport, Salem, Swampscott,Topsfield and Wenham are available on request to andrew@OliverReports.com or by calling 617.834.8205

Q1 2020 Market Reports
Marblehead Q1 2020 Market Summary
The median price of Single Family Homes (SFH) sold in Q1 2020 was $692,500. This compared with $602,500 in Q1 2019 and $730,000 in Q1 2018, a clear indication of the quarterly fluctuations that can occur, especially during the winter months, when the number of sales is small.

Swampscott Q1 2020 Housing Market Summary
The median SFH in Q1 2020 was almost unchanged at $567,500 compared with $568,000 in Q1 2019.
The median price of the condos sold surged 53% to $515,000, reflecting the sale of units at Fisherman’s Watch at prices from $724,900 to $1,249,000.