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New Listings week ending March 8

March 9, 2019 · by Andrew Oliver · in Market Reports

Here are the new listings over the last week:
New Listings
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Open Houses Sunday March 3

March 3, 2019 · by Andrew Oliver · in Market Reports

Today is the lull between storms so perfect to visit these Open Houses:

Open Houses

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

$350 million price cut in Beverly Hills

March 3, 2019 · by Andrew Oliver · in Luxury Property, Market Reports

After saying for 4 years that no offer under $1 billion would be accepted, the seller of The Mountain of Beverly Hills has reduced the price to a bargain $650 million.

According to American Luxury,the property, which totals 157 acres, “up to six separate properties may be carved out of it. It is pre-landscaped, and has already had thousands of plants and trees transplanted on it; a tireless series of sprinklers keeps the lawn looking fairytale. A gate and a paver motor court have also already been installed, not to mention an extensive array of atmospheric lighting.”

Here’s the view (there are more photos in the link above):

And if you are interested I can introduce you to a very good mortgage broker. Saving a few basis points on the mortgage may just make a difference….

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Open Houses weekend March 2/3

March 2, 2019 · by Andrew Oliver · in Market Reports

Light snow with the temperature above freezing for today’s Open Houses:
Open Houses

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Housing Inventory increase continues

March 2, 2019 · by Andrew Oliver · in Essex County Housing News, Market Reports

The number of Single Family Homes (SFH) for sale in Essex County increased year-over-year for the 9 th consecutive month, with levels back in line with 2017 numbers:

Condos
The story is similar with Condos where the increase year-on-year has been happening for 10 months.

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

New Listings week ending March 1

March 2, 2019 · by Andrew Oliver · in Market Reports

Here are the week’s new listings:

New Listings

Marblehead new listings
Swampscott new listings
Salem New Listings
Beverly New Listings
Lynn New Listings

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Open Houses Sunday February 24

February 24, 2019 · by Andrew Oliver · in Market Reports

Damp but mild for these Open Houses:
Open Houses
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Million Dollar Sales jump 15% in Essex County

February 24, 2019 · by Andrew Oliver · in Essex County Housing News, Market Reports

Sales of Single Family Homes (SFH) at $1 million or more in the 34 cities and towns of Essex County jumped 15% in 2019 to a record level of 331.

Essex Million Dollar Sales

Andover took over the number one position from Marblehead, where Million Dollar sales have been flat for the last three years:

Essex County Million Dollar Sales

Click Million Dollar Sales by Town to download a copy of the table including aggregate numbers not in the table above.

 

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Open Houses weekend February 23/24

February 23, 2019 · by Andrew Oliver · in Market Reports

Travel weekend for many and so a possible opportunity for those who are here to visit these Open Houses:

Open Houses
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

New Listings in School Vacation Week

February 23, 2019 · by Andrew Oliver · in Market Reports

A small number of new listings this week:
New Listings
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Open Houses Sunday February 17

February 17, 2019 · by Andrew Oliver · in Market Reports

Snow tomorrow but sunshine today to visit these Open Houses:

Open Houses
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

New Listings week ending February 15

February 16, 2019 · by Andrew Oliver · in Market Reports

As, we hope, we head towards spring and more new listings coming on to the market, I am resuming publication of current inventory along with the details of New Listings and Open Houses:
New Listings
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Open Houses weekend February 16/17

February 16, 2019 · by Andrew Oliver · in Market Reports

As, we hope, we head towards spring and more new listings coming on to the market, I am resuming publication of current inventory along with the details of New Listings and Open Houses:

Open Houses
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Amazon pulls out of New York deal: whoops

February 16, 2019 · by Andrew Oliver · in Market Reports, National News

According to this Mansion Global article, The danger of speculative home buying, in the three months since Amazon announced plans to build a new HQ in Long Island City some 138 buyers signed contracts for apartments, triple the number for the same period a year ago.
And now, Amazon has cancelled plans to move to Long island City. Whoops indeed.

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Inventory : rising trend continues

February 10, 2019 · by Andrew Oliver · in Essex County Housing News, Market Reports

The number of Single Family Homes (SFH) for sale in the 34 cities and towns of Essex County increased again in February, the 8th consecutive month of increase Year-on-Year. The first chart below shows January-June and the second one July-December:
Essex County housing market
Essex County Housing Market

Condos
It is the same story with condos, except that here the increase in February was the 9th consecutive month of Year-on-Year increases:
Essex County Housing Market
Essex County Housing Market

Comment
Translating inventory into months of supply is complicated this early in the year for two reasons: inventory is always low in the winter, as is sales activity. I will, however, write another post soon showing the current inventory by price for each of the towns and cities of Essex County.

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

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