July Housing Inventory and H1 Sales to List Price

The inventory of Single Family Homes (SFH) has increased sharply since April , taking the level to its highest in 4 years:

On the other hand, while Condo Inventory has also increased significantly since April, the July level is little more than half the July 2020 number. (more…)

New Listings, Inventory, week ending July 5

Very, very few New Listings around July 4:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest inventory numbers:

And read these recent articles:
Housing Inventory at highest level since 2020
Marblehead House sell for $1.2 million OVER List Price

My Property Tax reports mentioned at Town Meeting
Marblehead Q1 2024 Market Summary
Swampscott Q1 2024 Market Summary
Salem Q1 2024 Market Summary
Essex County Q1 2024 Market Summary
Why Mortgage Rates will fall in 2024

(more…)

New Listings, Inventory, before July 4

Here are the latest New Listings:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest inventory numbers:

And read these recent articles:
Housing Inventory at highest level since 2020
Marblehead House sell for $1.2 million OVER List Price

My Property Tax reports mentioned at Town Meeting
Marblehead Q1 2024 Market Summary
Swampscott Q1 2024 Market Summary
Salem Q1 2024 Market Summary
Essex County Q1 2024 Market Summary
Why Mortgage Rates will fall in 2024

(more…)

New Listings, Inventory, mid-week June 19

Here are the latest New Listings:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

Here are the latest inventory numbers:

And these recent articles:
Housing Inventory at highest level since 2020
Marblehead House sell for $1.2 million OVER List Price

My Property Tax reports mentioned at Town Meeting
Marblehead Q1 2024 Market Summary
Swampscott Q1 2024 Market Summary
Salem Q1 2024 Market Summary
Essex County Q1 2024 Market Summary
Why Mortgage Rates will fall in 2024

(more…)

New Listings, Inventory week ending April 5

Here are the latest New Listings:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

And here are the latest inventory numbers:

Read the March Inventory report: March Inventory shows no Improvement

And these recent articles:
MARBLEHEAD 2023 MARKET REPORT and 5-YEAR REVIEW
SWAMPSCOTT 2023 MARKET REPORT and 5-YEAR REVIEW
SALEM 2023 MARKET REPORT and 5-YEAR REVIEW
ESSEX COUNTY 2023 MARKET REPORT and 5-YEAR REVIEW

How was MY assessment calculated? Q&A with Marblehead Assessor Karen Bertolino
My Marblehead Current article on Property Taxes
Marblehead FY 2024 Property Tax Explained


Why Mortgage Rates will fall in 2024
How a tax break of up to $3,200 can help heat your home more efficiently this winter
Conventional Mortgage Loan Limits increased for 2024
INFLATION and RECESSION UPDATE

(more…)

March Inventory shows no Improvement

Overall in Essex County, while Inventory has been reasonably consistent in the last 3 years, it is running at less than half the 2020 levels for both Single Family Homes and Condos.

Single Family Homes (SFH)

Condos

Mortgage rates (more…)

New Listings week ending January 26

The slow start to 2024 continues:

Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings

While latest inventory numbers generally in Essex County are 13% below last year’s levels, the declines on the North Shore are dramatic – the 4 towns below have a total of just 29 SFHs and 21 Condos for sale :

And these recent articles:
MARBLEHEAD 2023 MARKET REPORT and 5-YEAR REVIEW
SWAMPSCOTT 2023 MARKET REPORT and 5-YEAR REVIEW
Marblehead FY 2024 Property Tax Explained
Why Mortgage Rates will fall in 2024
How a tax break of up to $3,200 can help heat your home more efficiently this winter
Conventional Mortgage Loan Limits increased for 2024
INFLATION and RECESSION UPDATE
Most Sales Still Over List Price
Core Inflation Prices Barely Budged in August
(more…)