MARBLEHEAD Q1 2026 MARKET REPORT

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MARBLEHEAD Q1 2026 MARKET REPORT

SINGLE FAMILY HOMES (SFH)

Q1 is always a quiet quarter and 2026 was no exception, with sales hindered by the cold and snow. The median price of the SFHs sold was steady with 2025.

As median prices have risen, sales at lower price levels have decreased while higher-price sales have grown. The right-hand column reflects only Q1 data and may not represent the entire year.

Single Family Homes - Median Price and Sales by QuarterMHD Single Family Sales by Price Range

CONDOS

There were just 7 Condo sales in Q1 at prices ranging from just over $300,000 to $1.5 million.

Marblehead has both purpose-built condos and conversions from older properties which sell at very different prices, and this can lead to swings in the share of sales in each price range depending on what actually sells in any period.

Condo - Median Price and Sales by QuarterMarblehead Condo Sales by Price Range

PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)

Not surprisingly, sales took a little longer in Q1. The small number of sales at a wide range of values means the PSF can suffer swings quarter to quarter.

Price per Square Foot and Days to Offer - Single Family and Condo

SALE PRICE to LIST PRICE

The share of Sales over List Price has averaged 47% since 2024 and almost 4 in 10 sales were over List Price in Q1.

MHD Sale to List Ratio by Quarter

Andrew Oliver, M.B.E., M.B.A. - Real Estate Advisor - (617) 834-8205 - Andrew.Oliver@Compass.com