Beverly Mid-Year 2019 Housing Market Summary
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Single Family Homes (SFH)
After 8 consecutive quarters in the $450,000 -$475,000 range, the median price of Single Family Homes (SFH) sold in the first half of 2019 (H1 2019) jumped 10% to $520,000, while sales dropped 15%.
Condos
The median condo price jumped 23.2% to $345,000, but was below the 2017 level of $365,000. The fluctuations are largely caused by the number of higher-priced sales at Elliott Landing: 31 in 2017 (new construction), 1 in 2018 and 7 in 2019 (resales).
NB Numbers in bold represent record levels
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
[email protected]
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