Marblehead’s Rapid Recovery Plan
Over the last several months, the Town of Marblehead has participated in the Massachusetts Local Rapid Recovery Plan (LRRP) Program to help support business owners and community members by developing recovery plans for local business districts. In Marblehead, Downtown Marblehead and the B1 District (Atlantic & Pleasant St) have been the focus of our work. This recovery plan has been developed in coordination with the local government, and informed through stakeholder interviews, a public forum, and surveys, and is customized to the individual economic challenges and COVID-19 related impacts in Marblehead. It includes a data analysis as well as an exploration of challenges, barriers, strategies, and actions.
The Town has scheduled a public forum to review the LRRP Final Report and its recommendations on Monday, October 25 at 11am. We hope you’ll join us to view the recommendations of the final report and ask questions or offer comments on the report.
You can view the LRRP report in advance of the forum here (more…)
Open Houses Sunday October 10
Here is the updated list of today’s Open Houses (with links to Q3 market reports for Marblehead and Swampscott):
Click on these links for details: (more…)
Dedication celebration of Judy & Gene Jacobi Community Center
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
Marblehead on the Move ~ October ’21 Newsletter
Click Marblehead on the Move to read the 7-page quarterly newsletter.
Here’s a peep at What’s Inside:
Latest Housing Inventory and Market Activity
And read these recent articles:
Fall Market Report
Mortgage Rates back to 3% – again
Essex County 2021 Residential Property Tax Rates: a Town by Town guide
Naples August Housing Market Review
Team Harborside recognized on America’s Best Real Estate Professionals list
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.
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of Oliver Reports . 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, Sale, Beverly, Lynn and Swampscott.”
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
Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
REALTOR®
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.MarbleheadSouth.com
Fall Market Report
Sagan Harborside has published my Fall Market Report this week. The report includes stats on every city and town in Essex County, with more detailed analysis of the markets in Marblehead, Swampscott, Salem, Beverly, Gloucester, Nahant, Manchester-by-the-Sea and Rockport.
Here are the highlights: (more…)
Marblehead Town Elections TODAY
The youth and exuberance of Marblehead can be seen in two way:
– the number of young people out and about with strollers (and, of course, dogs)
– the large number of candidates in the town elections this coming Tuesday
The most contested positions are Selectmen (15 candidates for 5 members), Light Commissioner, School, and Recreation and Park.
Here is the sample Marblehead ballot (more…)
Marblehead Town Elections Tuesday June 22
The youth and exuberance of Marblehead can be seen in two way:
– the number of young people out and about with strollers (and, of course, dogs)
– the large number of candidates in the town elections this coming Tuesday
The most contested positions are Selectmen (15 candidates for 5 members), Light Commissioner, School, and Recreation and Park.
Here is the sample Marblehead ballot (more…)
Team Harborside recognized on America’s Best Real Estate Professionals list
Team Harborside’s team of agents has been recognized amongst the 2021 REAL Trends America’s best real estate professionals. This list, now in its 9th year, consists of the top 1.5% of more than 1.4 million licensed Realtors® nationwide.
It is an honor to be ranked alongside the top real estate professionals in the nation. We are grateful to our colleagues and clients who made this possible. It is our privilege to assist you in selling, buying or investing in real estate.
While this accolade is truly humbling, having repeat clients and our team recommended time and time again means more to us than anything. When looking back at our business over the past year, it was primarily driven by referrals. It is our privilege to assist you in selling, buying or investing in real estate.
Fort Sewall now open to the public
I walked around Fort Sewall yesterday and saw the tremendous work done under the leadership of Larry Sands and the Fort Sewall Oversight Committee.
Click here to read an article in the Reporter about the restoration project.
One thing that has not changed is the spectacular view. (more…)
Lessons from Marblehead Ocean Week
As a way to celebrate World Ocean Day on June 8, Sustainable Marblehead has held Marblehead Ocean week featuring events around town throughout this past week to highlight issues affecting our waters.
Wicked Local File Photo/ Chris Stevens
Topics have included Green Technology and Green Boating; Storm Drains/Stormwater; Beach Conservation; Microplastic Awareness, and Oyster Restoration.
As the week ends residents are invited to:
– Switch from fuel to electric propulsion
– Take the Green Boating Pledge
– Adopt a storm drain
– Join a beach cleanup
– Reduce use of plastics
– Support oyster and habitat restoration
For a full description of each program and more information on Sustainable Marblehead to go https://www.sustainablemarblehead.org/ (more…)
June Housing Inventory: same old same old
Housing inventory for the 34 cities and towns of Essex County in pictures:
Single Family Homes
Condos
Mortgage rates
After moving up for several weeks the 30-year Fixed rate Mortgage dropped blow 3% again. Note how cheap 15-year mortgages are for those who can afford the extra payment.
Comment (more…)
Marblehead Housing Market Q1 2021 Review
The median price of Single Family Homes (SFH) sold in Q1 2021 increased 10.5% to $765,000, well below the $839,900 in the second half of 2020. But Q1 can often be an anomaly because of the small number of sales.
SFH sales were 32 compared with 31 in 2020.
There were just 10 Condo sales in Q1 2021, compared with 9 in Q1 2020. Condo sales occurred between $260,000 and $599,000. 6 of the 2021 sales occurred below list price, 2 at list and 2 above list price.
For a more detailed report on the market in Q1 go to Team Harborside’s website and read: Marblehead Q1 Market Review (more…)
New Listings mid-week March 24
Still a small number of new listings:
Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Lynn New Listings
These tables show that inventory is greatly reduced from a year ago, when levels were already low: (more…)
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