Open Houses weekend October 25,26
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
New Listings and Inventory week ending October 17
Here are the latest New Listings:
And Inventory:
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 ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. 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, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com
Open Houses weekend October 18,19
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
New Listings and Inventory week ending September 19
Here are the latest New Listings:
and the latest Inventory:
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 ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. 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, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com
Open Houses Labor Day Weekend
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
New Listings and Inventory week ending August 1
Here are the latest New Listings and Inventory:
Click on these links for details:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Here are the latest Inventory numbers:
Read the July Inventory report: here
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 ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. 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, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com
Open Houses weekend August 2/3
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
Open Houses Weekend July 12-13
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
This table shows the latest inventory:
Open Houses July 4th weekend
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
There were very few New Listings before July 4th. This table shows the latest inventory:
Open Houses weekend June 28/29
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
(more…)
Open Houses weekend June 21/22
Here are this weekend’s Open Houses:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open House
(more…)
Swampscott Mid-Year 2024 Market Review
The median price of the SFHs sold in Swampscott in the first half of 2024 dropped from 2023, while sales were similar to last year’s level.
The small number of Condo sales took place between $450,000 and $3.3 million.
In Q2, 57% of all sales took place over List Price.
The median Price per Sq.Ft. can fluctuate Quarter to Quarter, but was similar overall in H1 2024 compared with 2023.
The pace of sales slowed a little in Q1 before speeding up again in Q2. (more…)
Swampscott Q1 2024 Market Summary
The median price of the SFHs sold in Swampscott in Q1 dropped from 2023 – but the number of sales was very small and, therefore, the median price is not necessarily an indicator of where median prices will end for the whole year.
The small number of Condo sales took place between $450,000 and $3.3 million.
The median Price per Sq.Ft. can fluctuate Quarter to Quarter. The pace of sales slowed a little.
(DTO- Days To Offer – the number of before an accepted offer is received.)
Please contact me for a market report for your property.
617.834.8205
Andrew.Oliver @Compass.com
OliverReportsMA.com
Licensed with Stuart St. James in Massachusetts
Licensed with Compass in Florida
SWAMPSCOTT 2023 MARKET REPORT and 5-YEAR REVIEW
Swampscott’s focus on controlling its expenditures and hence the property tax rate has brought increased buyer interest in recent years, with two-thirds of all sales in 2023 being at or above list price.
As elsewhere, the shortage of inventory was a major factor in both price increases and the speed of sales in 2023, despite the more than doubling of mortgage rates.
Fluctuations in median prices can and do occur from quarter to quarter, based upon those properties which actually sell, which is why the trend is more important than the exact numbers. Go HERE to download a copy of this report.
If you are thinking of selling, please contact me for a current market analysis for your property.
Median Price and Sales
The median price of the Single Family homes sold in Swampscott increased 45% from $590,000 in 2019 to $855,000 in 2023. Sales were steady from 2019 to 2021, but dropped in 2022, and again, sharply, in 2023.
The median price of the Condos sold increased by 28% from $345,000 in 2019 to $440,000 in 2023, with sales following a similar pattern to that for SFHs.
(more…)
SWAMPSCOTT Q3 MARKET REPORT 2019-2023
Median Price and Sales
The median price of the Single Family homes sold in Swampscott increased 34% from $590,000 in 2019 to $790,000 in 2022, and further to $840,000 through Q3 2023. Sales were steady from 2019 to 2021, but dropped in 2022, and again YTD in 2023.
The median price of the Condos sold increased by 20% from $345,000 in 2019 to $415,000 in 2022, and to $440,000 through Q3 2023, with sales following a similar pattern to that for SFs.
Swampscott’s focus on controlling its expenditures and hence the property tax rate has brought increased buyer interest in recent years, with two-thirds of all sales this year being at or above list price.
Just as in prior periods of housing market strength, the market in Swampscott saw a steady – rather than spectacular – increase in prices during the boom days of asset price increases which were fueled by cheap credit, during and after the pandemic.
The more than doubling of mortgage rates has also been a major factor in encouraging people to stay in their existing homes, further reducing the supply of homes for sale.
Finally, fluctuations in median prices can and do occur when the numbers are small, which is why the trend is more important than the exact numbers.
If you are thinking of selling, please contact me for a current market analysis for your property.
Go HERE to download a copy of the full report.
This report analyses the Median Price and Sales per quarter since 2019, along with the Sales by Price point, Price per Sq.Ft., and the Days properties were on the market before receiving an offer (DTO).
Median numbers are used in all calculations.
And read these recent articles:
Most Sales Still Over List Price
Core Inflation Prices Barely Budged in August
October Inventory shows Sharp Jump from September</a.
Credit Score Change Could Help Millions of Buyers
August Sales still mostly over List Price
2023 Sales Continue Strongly over List Price (more…)
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