Are potential buyers suffering buyer fatigue and withdrawing from the search? Well, not according to this recent example where a staggering 400 groups viewed a $1 million listing in Wenham in 4 days.
The only reaction is…. wow! Wow indeed.
The median Single Family Home price in Essex County increased 13% in 2021 to $609,000, while the median Condo price increased 11% to $388,000. The increases for Massachusetts overall were very similar but note that the median Condo price in Boston increased by only 5%.
And read these recent articles:
Is today the day you decide to move to Florida?
Can the Federal Reserve prevent a Recession?
How Marblehead’s 2022 Property Tax Rate is calculated
Essex County 2022 Property Tax Rates: Town by Town guide
January Inventory – how low can you go?
Essex County 2022 Commercial Property Tax Rates: Town by Town guide
Guide to Buying and Selling in Southwest Florida
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 Andrew.Oliver@SothebysRealty.com.
Andrew Oliver, M.B.E.,M.B.A.
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
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.”
REALTOR® | Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers