Essex County Q3 2023 Market Report

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The median price of the Single Family homes sold in Essex County increased 35% from $475,000 in 2019 to $640,0000 in 2022, and to $680,000 through Q3 2023. Sales were quite steady from 2019 to 2021, but dropped sharply in 2022, and again YTD in 2023.

The median price of the Condos sold increased by 34% from $320,000 in 2019 to $429,900 in 2022, and to $450,000 YTD Q3 2023. with sales following a similar pattern to that for SFs.

Go HERE to read a copy of the full report

And these recent articles:
Why Mortgage Rates will fall in 2024
Most Sales Still Over List Price
 Core Inflation Prices Barely Budged in August
MARBLEHEAD Q3 MARKET REPORT 2019-2023
 SWAMPSCOTT Q3 MARKET REPORT 2019-2023
 SALEM Q3 MARKET REPORT 2019-2023
ESSEX COUNTY Q3 2023 MARKET REPORT

Two More Ways the Mortgage Market differs from 2007/2008
November Inventory down 60% from 2019
Credit Score Change Could Help Millions of Buyers
2 of Every 25 U.S. Homes Worth at Least $1M

Economic and mortgage commentary
Two signs Inflation is Slowing
What drives Mortgage rates in one chart
How Marblehead’s 2023 Property Tax Rate is Calculated
Essex County 2023 Property Tax Rates: Town by Town guide
Why Mortgage Rates Will Fall
Two More Ways the Mortgage Market differs from 2007/2008
Market Reports
 Essex County 2022 Housing Market Review
Essex County Town by Town Guide: 2022 Median Prices and Sales; 2023 Tax Rates

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.

Andrew Oliver, M.B.E.,M.B.A.
Market Analyst | Team Harborside | teamharborside.com
REALTOR®

m 617.834.8205

www.OliverReportsMA.com

“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
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Andrew Oliver, M.B.E., M.B.A.
Real Estate Advisor
Andrew.Oliver@Compass.com
www.AndrewOliverRealtor.com
www.OliverReportsFL.com

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Compass
800 Laurel Oak Drive, Suite 400, Naples, FL 34108
m: 617.834.8205