Essex County Inventory Increases Further

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The number of Single Family Homes (SFH) for sale in the 34 cities and towns of Essex County increased year over year (YOY) for the 11th consecutive month in May:
Housing Inventory
Housing Inventory

Condos
The supply of Condos YOY increased for the 12th consecutive month:
Housing Inventory
Housing Inventory

Comment
The supply of both SFHs and Condos in Essex County has been increasing for a year now on a YOY basis.In May, the supply increased to a level higher than in both 2017 and 2018, although still below 2016 levels.
This is the big regional picture: you don’t buy a home in “Essex County” but in a specific town. In tomorrow’s report I will provide a breakdown of supply by town.

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

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