Essex County Housing Inventory: how low can you go?

A picture is worth a thousand words:

Comment
The market in recent months has been characterised by the twin challenges of reduced inventory and increased demand, with buyers from Boston and beyond adding to local demand; and both aided by record low mortgage rates.

We are back to the most basic economic equation: when demand exceeds supply, prices rise. In housing, that often results in bidding wars, as we are seeing frequently now.

Goodbye Boston, Hello Marblehead
Essex County 2021 Property Tax Rates: Town by Town guide
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“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReports.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.”