Essex County Q3 Housing Market Report
Single Family Homes (SFH)
The median price of SFHs sold in the first 9 months of 2020 (YTD Q3) jumped 11.8% to $532,500, comfortable breaking through the $500,000 level for the first time. Every one of the 34 cities and towns saw a Year on Year increase. Most of the sales decline occurred in the COVID-19 impacted Q2. The median Days to Offer (DTO) was just 10 days.
The median price of the condos sold YTD increased 10.9% to $349,250, with all the sales decline taking place in the COVID-19 impacted Q2. The median DTO was 11 days.
For a more detailed report go to Team Harborside Essex County Housing Market Report
NB Numbers in bold represent record levels. Sources: MLSPIN, OliverReports.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945