Million dollar homes sales in Essex County – better, but still below peak

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Million dollar home sales in Essex County continue to recover from their Great Recession lows, but are unlikely to approach the level of the boom years of 2005-2007.

As one gauge, the number of sales YTD plus pending sales – 136 – is 59% of the peak of 231 in 2005. This compares with 89% in Marblehead (included in the 59%). Essex County excluding Marblehead, therefore, is running at just 53%.

Source: MLS, Oliver Reports

S.ource: MLS, Oliver Reports

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

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