Marblehead and North Shore home sales in April

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In April the number of Single Family Homes (SFHs) sold in Marblehead was 23 against 17 last year, bring the Year To Date number to 54 compared with 44 last year,

As of May 1 there were 58 SFHs with an accepted offer. Were all these to close by June 30 – which they won’t, but others not yet with an accepted offer will – total sales for the first half of the year would be around 110.

Last year’s sales reached 229, the highest total since the extraordinary 285 of 2004. We are unlikely to challenge the 2004 level but we do seem to be moving back into the 220-240 range of the early 2000s.

Condo sales so far are 6 against 7. A further 8 had accepted offers as of May 1. At this stage it seems quite likely that sales will not match last year’s 42.

For the 17 North Shore cities and towns I track, sales of SFHs increased 6% for the first four months of the year while condo sales were up 12%.