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Marblehead’s Fraternal Order of Cranks

August 6, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

This James Maroney MHTV video of Abbot Hall clock winding is fascinating in itself, has a great intro to Abbot Hall and also has wonderful views from the bell tower over Marblehead and the Islands and to Boston and elsewhere at the 5 minute mark. Even the earth’s curvature can be seen!

Abbot Hall view

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

Open Houses today: two of Marblehead’s Unknown Oceanfront Properties

July 24, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

There are Open Houses today for two of Marblehead’s Unknown Oceanfront Properties, the term I have coined to describe the area from Preston Beach to Beach Street. It is “unknown” because a lot of the houses are at the end of dead end streets, down which many people have never passed.

Today’s Open Houses are a perfect beach house, with jaw-dropping views, directly on Goldthwait Beach at 46 Gallison Avenue  from 12:00-1:30 and a beautifully restored 1850 house with carriage house at 11 Crown Way from 12:30-2:00. Both websites contain videos of the properties.

Marblehead beach house

Crown_ocean (more…)

Two Saturday Marblehead Waterfront Open Houses

July 23, 2016 · by Andrew Oliver · in Marblehead News

Saturday sees two Marblehead Waterfront Open Houses. Click on One Harborfront and One Oceanfront for details. (more…)

Marblehead Mid-Year Report: median price up 4%

July 9, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

Sales of Single family Homes (SFHs) were remarkable consistent for the fifth year in a row, while the median price increased nearly 4% to a new high for the first half of the year of $595,000. Variations between Q1 and Q2 reflect the mix of sales I highlighted in my Marblehead home prices set record in 2016 First Quarter report.

The condo market saw an increase in sales, while the median price reflected a swing in sales from a majority in 2015 taking place under $250,000 to a majority in 2016 occurring above $350,000. (more…)

Marblehead beach house Open Saturday

June 25, 2016 · by Andrew Oliver · in Marblehead News

Are you thinking of downsizing and want to keep a house in Marblehead?

Do you spend winters in Florida and want to keep a manageable summer house in Marblehead?

Do you live in Boston and want a weekend house on the beach?

This Marblehead beach house is just perfect!

Open Houses Saturday and Sunday 12-2.

46 Gallison

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

Marblehead: Goldthwait Open Houses today

June 19, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

There are three Gallison Avenue Open Houses today in the much sought after Goldthwait area of Marblehead. 210 Atlantic and 4 Gallison are Open from 11:00 -1:00 and 46 Gallison, the beach house, from 12:00-2:00.

Here is a link to 46 Gallison  (below) which includes a video:

Goldthwait Open Houses (more…)

Marblehead Open Houses today in Goldthwait area

June 18, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

There are three Gallison Avenue Open Houses today (and tomorrow) in the much sought after Goldthwait area of Marblehead.

Here is a link to 46 Gallison  (below) which includes a video:

Marblehead beach house

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

Marblehead Unknown Oceanfront Open Houses

June 12, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

Between the entrance to Marblehead at Preston Beach and the turn to Marblehead Neck, there is a stretch of unknown oceanfront which contains 44 houses with Assessed values of $2 million or more.

Last year in an article Marblehead sale over $4 million – guess where? I wrote this:
“There are a lot of small streets that lead to the water and have 1 or 2 or maybe 3 or 4 houses sitting directly on the ocean at the end. And for the most part these houses sit on the rocky Atlantic coast and are high enough that flooding is not a concern, while many of them face South, have great views of Ram Island and down the coastline, and are well protected from the nor’easters that can impact more exposed areas.”

In 2014 I identified 29 houses with an AV of $2 million or more but now there are 44, as values are increasing in this area.

People who live in this area know its attractions, which may be why houses rarely come on the market.

(more…)

Marblehead beach house video: Open House today

June 11, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

Watch this Marblehead beach house video and plan to visit the Open House today from 12:30 – 2:30.
And here are the details Marblehead beach house

Marblehead beach house

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

 

Marblehead Beach House – Open House 1-3

June 5, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

Just updated beach house 46 Gallison Avenue with jaw-dropping views from Marblehead Harbor to Plymouth.

46 Gallison Avenue

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

More $3 million home sales

June 5, 2016 · by Andrew Oliver · in Boston housing market, Marblehead News

This boston.com article $3 million home sales refers to 6 sales over $3 million that occurred this week – in Boston and Weston.

After a pause, Marblehead saw a listing above $3 million receive an offer recently, so it seems that buyers are out there at the higher levels. Here’s one Marblehead oceanfront property still available 11 Crown Way.

Marblehead Oceanfront

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

Marblehead beach house – 1st Open House TODAY

June 4, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

Newly listed Marblehead beach house – first Open House TODAY 1-3. Beat the Sunday rush!

Click 46 Gallison Avenue for details.

Marblehead beach house

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

Perfect Marblehead beach house for sale

May 30, 2016 · by Andrew Oliver · in Marblehead News, Market Reports

Time to think of that perfect Marblehead beach house, as the weather brightens on Memorial Day. I will be listing this house tomorrow. Contact me for details.

Marblehead beach house

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

Essex Coastal Scenic Byway: Marblehead

May 28, 2016 · by Andrew Oliver · in Essex County Housing News, Marblehead News, Market Reports

You may have noticed these Essex Coastal Scenic Byway signs which have appeared around town recently:

Essex Coastal

This initiative was led by Essex Heritage and this is the description from its website: (more…)

What’s the current supply of houses for sale locally?

May 21, 2016 · by Andrew Oliver · in Marblehead News, Salem housing market, Swampscott Housing Market

This report sets out to analyze the current supply of houses for sale in Marblehead, Swampscott and Salem.

Single Family Homes (SFH)
First, let’s look at sales so far this year to May 20. The pace of sales is slower in winter so these numbers overstate the supply. Bear in mind that a market is generally regarded as being in equilibrium between buyers and sellers when there is 6 months of supply.

Current supply of houses for sale

Next I looked at recent activity, namely the number of SFHs which had offers accepted since the beginning of April and compared that with current supply. April, May and June are generally the three largest months for accepted offers in these markets, so these numbers may slightly understate supply going forward, but they provide a stark indication of how little supply there is today, especially in Swampscott and Salem:

Current supply of houses for sale

Source: MLS, Oliver Reports

Condos
While sales numbers for SFHs are similar for the three towns, they are very different for condos, where only Salem has  a large market. Thus the supply number for Salem is more significant than for the other towns:

Current supply of houses for sale

Turning to accepted offers since the beginning of April, the supply drops sharply in all markets. Note that in Salem there have been 47 accepted offers so far in May alone and there are just 61 for sale.

Current supply of houses for sale

Source: MLS, Oliver Reports

Comment
This report quantifies just how short of supply the market is, especially in Swampscott and Salem. And bear in mind that these numbers are for the total market; at lower prices there is even less supply, as higher priced properties generally take longer to sell.

The supply numbers are somewhat better in Marblehead where there is some evidence that list prices of SFHs have increased this year, possibly in advance of the market.

If you are considering selling your home please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer.

Read  Which broker should I choose to sell my house?

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

 

 

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