Marblehead housing market: “there’s nothing to buy”

If only the snow would shrink as quickly as Marblehead’s housing inventory.

Buyers are surprising active given the weather:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

While sellers appear to have hibernated: there are just 19 houses for sale currently under $1 million.

Source:MLS, Oliver Reports

Source: MLS, Oliver Reports

With mortgage rates moving up from their recent lows, the activity already so far this year suggests there could be very strong buying activity this spring. If you are thinking of selling this could be a great opportunity.

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.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

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