Beverly Q1 2021 Housing Market Review

1. The median price of the Single Family Homes (SFH) sold in Q1 2021 increased 14.9% to $575,500 from the Q1 2020 figure of $501,000, which was by far the lowest number in 2020.
2. With no new major developments, the median Condo price dropped 5.3%% from $375,000 to $355,000, which was in line with the median price for the whole of 2020.
3. SFH sales increased from 41 to 44, in line with the 5-year average, while Condo sales jumped from 23 to 35.
4. 77% of SFHs and 69% of Condos sold received accepted offers in 15 days or less

beverly Housing Market

For a more detailed report on the market in Q1 go to Team Harborside’s website and read: Beverly Q1 Market Review

Buyers are overpaying, but are there signs of a bubble?
Goodbye sub 3% mortgages
“Party on, dude” says the Federal Reserve
Essex County 2021 Residential Property Tax Rates: Town by Town guide
It’s 80 degrees in Florida….

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.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com

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

“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.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.”

Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com

Get Free Email Updates!

Did you find this article useful? Add your email address and I will send you notification of new articles.

I agree to have my personal information transfered to MailChimp ( more information )

I will never give away, trade or sell your email address. You can unsubscribe at any time.