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This week’s new listings

September 2, 2017 · by Andrew Oliver · in Market Reports

A few new listings ahead of Labor Day.

New Listings Sept 1

Source: andrewJoliver.com

Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Another $5.8 million sale in Marblehead

September 2, 2017 · by Andrew Oliver · in Marblehead News, Market Reports

In May, 204 Ocean Avenue sold for a MLS-record $5.8 million. This week 329 Ocean Avenue sold for the same price. These are the first sales over $5 million in Marblehead since 2010.

And this week a house was listed at a fraction under $3 million and received an offer within 2 days.

More signs that the top end of Marblehead is bursting into life.

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Marblehead Inventory plummets

September 2, 2017 · by Andrew Oliver · in Marblehead News, Market Reports

The number of Single Family Homes (SFH) for sale in Marblehead on September 1 is 52, down by one-third from last year and by nearly a half from 2015.

Marblehead Inventory

Source: MLS, Oliver Reports

SFH Inventory by price
Not surprisingly, the biggest declines in inventory are at the lowest price levels, but there are still significant declines at virtually every price level.

Marblehead inventory

Source: MLS, Oliver Reports

Median Price
Strong demand, low mortgage rates and low supply continue to drive prices upwards. The median price of a SFH in Marblehead for the first 8 months of the year was $654,000, up 75.5% from the year 2016 figure of $620,000, the first time the median price reached $600,000. Unless and until the supply position changes, and while the economy continues to grow steadily, there is no reason to expect a change in the formula which is driving prices higher.

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Essex County inventory continues to decline

September 2, 2017 · by Andrew Oliver · in Essex County Housing News

Total inventory of Single Family Homes (SFH) for sale on September 1 is down 13% from a year ago and by 33% compared with two years’ ago.

Essex County inventory

Source: MLS, Oliver Reports

SFH Inventory by price
Not surprisingly, the biggest declines in inventory are at the lowest price levels, but there are still significant declines up to $1 million. Only over $1.5 million have inventory levels been maintained.

Essex County inventory

Source: MLS, Oliver Reports

Median Price
Strong demand, low mortgage rates and low supply continue to drive prices upwards. The median price of a SFH in Essex County for the first 8 months of the year was $440,000, up 7.5% from the year 2016 figure of $409,000, the first time the median price reached $400,000.  Unless and until the supply position changes, and while the economy continues to grow steadily, there is no reason to expect a change in the formula which is driving prices higher.

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

New Listings August 30

August 30, 2017 · by Andrew Oliver · in Market Reports

Here are the pre-Labor Day new listings:

New Listings Aug 30

andrewJoliver.com

Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

 

Open Houses Sunday August 27

August 27, 2017 · by Andrew Oliver · in Market Reports

A beautiful day for looking at these Open Houses:

Open Houses August 27

andrewJoliver.com

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

The Marblehead home where summer never ends…

August 27, 2017 · by Andrew Oliver · in Luxury Property, Marblehead News, Market Reports

One week until Labor Day and the “end of summer”, but the buyer of 46 Gallison Avenue need never say good-bye to summer.

There is an Open House today 2:00-3:30, or call for a private showing. The website includes a video of the property – and of the views.

Can you imagine living here and waking up to this?
46 Gallison Avenue

followed by this

46 Gallison

and then this

46 Gallison

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.

Are you thinking about selling? Read Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

&nb

New Listings week of August 25

August 26, 2017 · by Andrew Oliver · in Market Reports

Here are this week’s new listings:

New Listings August 26

Source: andrewJoliver.com

Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Are granite and stainless steel on the way out?

August 26, 2017 · by Andrew Oliver · in Home maintenenance, Latest News, Market Reports

As homeowners opt for more modern kitchen designs, they’re also opting for more understated countertop alternatives. So says this HomeAdvisor.com article:Is granite going out of style?

Kitchen trends

The article also reminds us of the benefits of granite:”it’s both durable and attractive — and it’s become increasingly affordable too.”

Another homeadvisor.com article posed the question Stainless steel: the end of an era?”

Kitchen trends

Again, the article is not hailing the end of stainless steel, but points out that “a new generation of materials and designs are challenging the age-old assumptions over appliance aesthetics.”

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Mid-week new listings

August 23, 2017 · by Andrew Oliver · in Market Reports

Here are the recent new listings:

New Listings_Aug 23

Source: andrewJoliver.com

Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Live the Marblehead Dream on Goldthwait Beach: Open House today 12-1:30

August 20, 2017 · by Andrew Oliver · in Market Reports

Summer and it’s beach time. But if you live here you will already be ON THE BEACH. Price JUST REDUCED $80,000 and Open House Sunday 12:00-1:30  at 46 Gallison Avenue, or call for a private showing. The website includes a video of the property – and of the views.

Can you imagine living here and waking up to this?
46 Gallison Avenue

followed by this

46 Gallison

and then this

46 Gallison

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.

Are you thinking about selling? Read Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

 

Fewer Marblehead homes for sale than on January 1

August 20, 2017 · by Andrew Oliver · in Market Reports

After  a week which saw 14 Single Family Homes (SFH) receive offers in Marblehead, the number of SFHs for sale has now dropped below the level at the beginning of the year.

While the decline is in houses under $1 million, there are also fewer houses for sale over $1 million than in prior years..

Marblehead

SFHs under $1 million

Marblehead SFH

SFHs $1 million plus

Marblehead SFH

Source: MLS, Oliver Reports

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

 

Open Houses Sunday August 20

August 20, 2017 · by Andrew Oliver · in Market Reports

Another beautiful day on the North Shore to visit these Open Houses:

Open Houses August 20

andrewJoliver.com

Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
Lynn Open Houses

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

New Listings week ending August 18

August 19, 2017 · by Andrew Oliver · in Market Reports

This week’s new listings:

New Listings August 18

andrewJoliver.com

Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports

Mid-Week New Listings

August 16, 2017 · by Andrew Oliver · in Market Reports

Here are the new listings so far this week, together with the current inventory:

New Listings_Aug 16

andrewJoliver.com

Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
Lynn new listings

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.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer

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

@OliverReports                            

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