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…)

Swampscott Q3 2021 Market Report

Key Metrics
Swampscott Housing Market

Single Family Homes (SFH) (more…)

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…)

New Listings mid-week March 24

Still a small number of new listings:
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…)

Only One House For Sale in Swampscott under $2 million

The shortage of inventory has been a major topic of conversation both locally and nationally for some time now, but the current situation in Swampscott is extreme.

There are just 5 Single Family Homes for sale (MLS shows 6 but one is listed as both SFH and Condo and is actually a Condo legally). Of those 5 , one is listed at $1.75 million, one at $2.8 million, one at $2.9 million, one at $3.5 million and one at $6.5 million.

Such is the supply/demand equation that when houses at lower prices – and some at higher prices – do come on the market a bidding war breaks out.

Thus, if you may be thinking of selling in the spring, you may want to consider taking advantage of the current market drought and list now, especially with mortgage rates having increased quite sharply from the recent extraordinary lows.

Team Harborside is the leading team for sales on the North Shore and we would delighted to offer you an opinion of the current valuation of your property.

Read these recent articles:
Mortgage Rates are Rising
How Marblehead’s 2021 Property Tax Rate is Calculated
Essex County 2021 Residential Property Tax Rates: Town by Town guide

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