Essex County Housing Inventory still low

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The good news is that the decline in inventory slowed at the beginning of April compared with March. The bad news is that inventory throughout Essex County is still down almost 20% from a year ago. As always there are variations from town to town.

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

Inv_Apr_3_SFH_1

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

With Easter and Passover early this year, we are all hoping for a pick-up in inventory soon, although as I have written before the damage done by the winter may slow the process.

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or [email protected].

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

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