Gloucester 2016 Housing Market By The Numbers

Single Family Homes (SFH)
The median prices of a SFH sold in Gloucester in 2016 increased by 2.6% to $400,000, almost back to the 2006 peak of $402,500. Prices have increased steadily, but modestly, over the last few years. Sales have also been on an upward trend and reached a new peak in 2016:

Condos
The median price of a condo sold in Gloucester in 2016 dipped slightly to $290,000, but prices have been basically stable for the last four years. Sales have continued their gentle increase:

Source: MLS, Oliver Reports

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

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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.

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

@OliverReports