Marblehead home prices exploding…..

It is almost three months since I last poked fun at Trulia and I really didn’t intend to do so again but I could not resist posting this after seeing it in my inbox:

Source: Trulia

Clearly nobody from Trulia reads my blog or they would have checked to find the error in their computer settings which causes them to report this nonsense: “The median sales price for homes in Marblehead MA for Apr 15 to Jul 15 was $1,400,000 based on 1 home sales. Compared to the same period one year ago, the median home sales price increased 357.9%, or $1,094,250, and the number of home sales decreased 93.8%.”

For the record there were actually 74 sales in the April-July time frame with a median price of $633,000. In 2014 the numbers were 79 sales with a median price of $590,000.

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.

Read Which broker should sell my home?

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

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