Essex County SFH Inventory drops sharply

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The number of Single Family Homes (SFH) for sale in Essex County is down 19% from this time last year. Here is a town by town guide:

Essex County Housing Market

Essex County Housing Market

Source: MLS, Oliver Reports

Comment
The number of SFHs sold YTD in Essex County is 1,241. The current inventory of 1,018 represents just over 3 months of (winter) supply. A market is considered to be in equilibrium between buyers and sellers when there is 6 months of supply, so clearly we are strongly in a sellers’ market.

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

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