What is for sale in your town?
Overall inventory in Essex County is down around 15% from a year ago. Here is a town by town guide to inventory:
Single Family Homes (SFH) (more…)
Which town has the highest median property price?
It probably comes as no surprise that the highest median home price in 2016 in Essex County was in Manchester By The Sea, but there was a big gap until the next highest. Again demonstrating the power of larger numbers (read Essex County town by town prices) 22 of the 34 cities and towns enjoyed a median price above the median for the County, while all but 6 exceeded the State median price. And while Marblehead was edged out of the silver medal spot by Lynnfield it did boast the most Million Dollar Sales: (more…)
Ipswich 2016 Housing Market By The Numbers
Single Family Homes (SFH)
The median price of a SFH sold in Ipswich in 2016 jumped 12.5% to $540,000, finally beating the prior 2005 peak. Sales were much in line with the prior 3 years and a tad below the 2004 peak: (more…)
Manchester By The Sea 2016 Housing Market By The Numbers
Single Family Homes (SFH)
The median price of the 56 SFHs sold in Manchester By The Sea in 2016 increased 16% to a record of $926,000, the highest median price in Essex County by some distance. Sales dropped back from 2015’s record level. (more…)
Which town has the most Million Dollar Sales?
30 of Essex County’s 34 cities and towns have recorded a sale of $1 million or more since 2000 – the exceptions are Lawrence, Lynn, Methuen and Peabody. Three towns – Marblehead,Andover and Manchester – account for 40% of all sales. (more…)
Essex County Million Dollar sales set new record
Sales of Million Dollar homes in Essex County in 2016 set a new record with a small increase from 2015. As the second table shows, all the increase in 2016 came in the $2-3 million bracket, similar to the trend I reported in Marblehead Million Dollar sales set new record (more…)
North Andover 2016 Housing market By The Numbers
The median price of a Single Family Home (SFH) sold in North Andover in 2016 was very little changed from 2015 and remained 8% below the 2005 peak. The median price of a condo was much in line with the last few years and remains well below the 2006 peak, the year that saw a large number of sales at Oakridge Village.
Sales of both SFHs and Condos remain well below their earlier peaks. (more…)
Housing inventory: what is available in your town?
This article, the third in a series after Demand up, supply down and Inventory by price, looks at the current supply of Single Family Homes (SFH) and Condos in each of Essex County’s 34 cities and towns and compares it with the numbers for the last two years. Bear in mind that in February 2015 we were in the midst of the polar vortex winter of record cold, while both 2016 and 2017 (at least so far) have been quite mild. (more…)
Rockport 2016 Housing market By The Numbers
The median price of a Single Family Home (SFH) sold in Rockport in 2016 declined 9%, reflecting more sales at lower prices: 55% of sales in 2016 were below $500,000 compared with only 45% in 2015. The median price of a condo set a new record high, as 65% of the small number of sales occurred above $300,000, compared with only 45% in 2015. (more…)
Essex County Housing Inventory by price
This report shows housing inventory, broken down by price, for both Single Family Homes (SFH) and Condos on February 1st for the last three years. Read also Essex County Housing Market: demand up, supply down for an analysis of the market over the last three years. (more…)
Essex County Housing Market: demand up, supply down
Some things don’t change around here: the Patriots are going to the Super Bowl and housing inventory continues to decline.
The number of Single Family Homes (SFH) for sale
I show below the number of SFHs for sale on the 1st of each month since 2014 and the average number for the year. Between 2014 and 2016 the average number of SFHs for sale dropped 25% from 1,648 to 1,236. (more…)
Danvers 2016 Housing market By The Numbers
The median price of Single Family Home (SFH) in Danvers in 2016 rose 5% to a new record high pf $429,900, surpassing the prior 2006 peak of $413,500. The median price of a condo declined 5% and remains below the 2014 peak. Sales of SFHs were down slightly from the 2015 peak, while condo sales were well below the 2014 peak. (more…)
Boxford 2016 Housing market By The Numbers
While the median price of a Single Family Home (SFH) in Boxford in 2016 increased 7%, it remains below the levels of 2004 and 2005. Sales, however, jumped to a new high. There is no condo market in Boxford. (more…)
Amesbury 2016 Housing market By The Numbers
The median price of a Single Family Home (SFH) in Amesbury in 2016 was virtually unchanged from 2015 and still 10% below the 2005 peak. The median condo price increased 10% but is still 5% below the 2005 peak. Sales of SFHs increased while condo sales were flat and well below the 2004 level. (more…)
Andover 2016 Housing market By The Numbers
The median price of a Single Family Home (SFH) in Andover in 2016 declined slightly from the 2015 peak, although the second half of the year set a record. The median condo price showed a somewhat larger decline. Sales were more or less flat compared with 2015. (more…)
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