Marblehead Q1 2024 Market Summary

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The median price of the SFHs sold in Marblehead in Q1 rose to a record high – but the number of sales is usually the lowest of the year and, therefore, the median price in Q1 is not necessarily an indicator of where median prices will end for the whole year.
5 of the 8 Condo sales were over $500,000, continuing the trend seen in 2023.

The median Price per Sq.Ft. can fluctuate Quarter to Quarter.
Sales continued at a brisk pace, reflecting both the shortage of supply and the continuing demand.
(DTO- Days To Offer – the number of before an accepted offer is received)

Please contact me for a market report for your property.

Andrew.Oliver @Compass.com

OliverReportsMA.com

Licensed with Stuart St. James in Massachusetts
Licensed with Compass in Florida