Marblehead: what is for sale at your price?

Five weeks into 2017 just 8 Single Family Homes(SFH) have been listed in Marblehead and 4 of those have already received offers. Click here for a full list of houses for sale while this chart shows the breakdown by price:

Marblehead Housing Market

Source: MLS, Oliver Reports

While the total number of SFHs for sale is much the same as in 2015 and 2016, there have been significant changes in the mix. There is currently only 1 SFH for sale under $500,000, compared with 8 and 5 in the two prior years, while there has also been a sharp drop in houses over $3 million.

Overall, there are just 8 SFHs for sale under $620,000, the median price of homes sold in 2016.

While it is early in the year, I would have expected to see more houses come on the market in this mild winter. Demand is strong so this is a great time to list your house.

Not sure how to choose the  broker to sell your home? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

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

@OliverReports