Marblehead one of the “happiest places”
According to this zippia.com review of the happiest places in Massachusetts Marblehead ranks number 10 of the 115 towns with a population in excess of 2,000.
The criteria used in this analysis were:
- Being well educated (Population with at least a bachelor’s degree)
- Having a job (As measured by the unemployment rate)
- A short commute to work (God do people hate traffic)
- Low cost of living
- Having a family (Getting, and staying married, has a ton of happiness benefits, on average)
- Owning a home (That’s a big plus)
- And the poverty rate (Money definitely helps out)
Well, I looked through the list of the 9 ranked above Marblehead and I have one question for each of these towns: “where’s the ocean?” They are all inland – and happy? Really?
This is what being happy looks like:
Marblehead harbor from the Neck – courtesy of Bart Snow
If you are considering selling your home please contact me on 617.834.8205 or [email protected]. 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.
Read Which broker should I choose to list my house for sale?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
@OliverReports
This week’s new listings
This week’s new listings run the gamut from a condo for $150,000 in Beverly to a $6.5 million estate in Marblehead: (more…)
Housing inventory has dropped since 2013_14
This report shows the decline in inventory in recent years, first for local towns:
Source:MLS, Oliver Reports
And for Essex County and Massachusetts as a whole:
Source:MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Housing Inventory today, by price and town, versus a year ago
This article compares today’s inventory, by price, compared with that of a year ago.We are now past the vagaries of winter weather and the dates of Easter and Passover, thus making the comparisons like for like for probably the first time this year. I will look first at Essex County and Massachusetts for the big picture, followed by Marblehead, Swampscott, Salem, Beverly and Lynn, adding comments where appropriate.
Overall, the story is of a decline in inventory at lower price levels and an increase at higher price points, a trend consistent with a rising market.
Massachusetts and Essex County
Overall inventory is down in the entire State by 9% for SFHs and 6% for condos; in Essex County the decline is 10% for SFHs and 12% for condos. But…. there is a marked difference between supply under $500,000 and above that figure, with large declines in supply below $500,000 and increases above that figure, particularly at the top end.
Source: MLS, Oliver Reports
Marblehead
While Marblehead is one of the few towns to show an increase in inventory over 2015, it still shows a sharp drop from the 92 and 100 SFHs for sales on this date in 2013 and 2014, while condo inventory is more in line with numbers from those years. The increase in SFH inventory is concentrated in the $750,000 – $999,999 and over $2 million brackets for SFHs and, rather surprisingly, in condos under $250,000.
Source:MLS, Oliver Reports
Swampscott
The story in Swampscott continues to be the incredibly low level of supply, most markedly for SFHs below $500,000, where the number available has collapsed from 25 to just 3. And there are just 5 condos for sale in the entire town.
Source:MLS, Oliver Reports
Salem
While overall supply in Salem is down just slightly from last year, here again we see declines in inventory at the lower price levels:
Source: MLS, Oliver Reports
Beverly
The total number of SFHs for sale is much the same as last year but the mix has changed, with a huge drop under $400,000 and increases in most of the higher ranges. Condos for sale under $250,000 plunged from 16 to just 4.
Source:MLS, Oliver Reports
Lynn
The decline is most pronounced in SFHs under $300,000 where supply has more than halved from 48 to 23.
Source: MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Sunday Open Houses
The Open House season is in full swing with these offerings today: (more…)
Saturday Open Houses
The number of Saturday Open Houses is still quite small. Will the number increase as we get into the peak selling season over the next few weeks? (more…)
New Listings this week
The pace of new listings remains steady, with no great increase seen as yet:
Source: MLS, Oliver Reports
Marblehead new listings
Swampscott new listings
Salem new listings
Beverly new listings
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Queen’s grandparents’ house for sale for a mere….
A house once owned by Her Majesty’s grandparents has just been listed for sale by Savills for £30 million or roughly $44 million.
For those seeking privacy, the estate has no public rights of way – which is unusual in England – while it has no fewer than 4 polo fields along with “summer and winter club houses, a full size all weather polo arena and an indoor school.”
Sounds like just the ticket.
Read more and see some spectacular photos in this Daily Mail article (more…)
Lynn Q1 2016 Housing Market by the Numbers
This is a report of the Lynn Q1 Housing Market by the Numbers, followed by a snapshot of current inventory compared with a year ago, a comparison which shows a huge change for Single Family Homes.
Median Prices and Sales
Sales of SFHs recovered from last year’s drop and were close to the record levels of 2004-2005. While condo sales also jumped, they remain well below the average of 60 sales in the 2004-2007 period.
The median price of a SFH was in the range of most of 2015, while that for condos was somewhat lower. Always remember that quarterly numbers can be – and frequently are – volatile, especially during the winter months. We will get a truer picture of the underlying market trends when we get the numbers for the first half of the year.
Source: MLS, Oliver Reports
Current Inventory
The median SFH price in Lynn is around $270,000. A year ago there were 48 houses available below $300,000, but today there are just 21. Overall, inventory is down over 40%.
The median condo price is around $175,000. Here again, there is a sharp drop in supply under $200,000, while overall inventory is down just slightly.
Source: MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Massachusetts Q1 Housing Market Review
This report reviews the Massachusetts Q1 Housing Market by the Numbers, followed by a snapshot of current inventory compared with a year ago.
Median Prices and Sales
Sales of SFHs jumped sharply, not just from last year’s level, but from that of the last several years and were the highest recorded in my records going back to 2000. Condo sales were also up significantly, but are still lower than in the heady days of 2005-2007.
The median price of both SFHs and condos was within 1% of last year’s Q1 levels. Always remember that quarterly numbers can be – and frequently are – volatile, especially during the winter months. We will get a truer picture of the underlying market trends when we get the numbers for the first half of the year.
Source: MLS, Oliver Reports
Current Inventory
The median SFH price in Massachusetts is around $360,000. While overall inventory for SFHs is down 7% from last year, the decline is concentrated below $500,000.
Numbers for the condo market in the entire State are distorted by the inclusion of Boston. The vast majority of the condos for sale over $1 million are in Boston, and places like Cambridge, Brookline and Newton. While the overall decline in inventory is 6%, it is 15-19% under $350,000.
Source: MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Salem Q1 Housing Market by the Numbers
This report gives a picture of the Salem Q1 Housing Market by the Numbers, followed by a snapshot of current inventory compared with a year ago.
Median Prices and Sales
Sales of SFHs were up slightly from last year, but sales of condos rose sharply. The median price of a SFH was slightly lower than a year ago, while that for condos was up. Always remember that quarterly numbers can be – and frequently are – volatile, especially during the winter months. We will get a truer picture of the underlying market trends when we get the numbers for the first half of the year.
Source: MLS, Oliver Reports
Current Inventory
While inventory is down somewhat compared with a year ago, the drop is quite modest.
Source: MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Swampscott Q1 Housing Market by the Numbers
This report gives a picture of the Swampscott Q1 Housing Market by the Numbers, followed by a snapshot of current inventory compared with a year ago, a comparison which shows a huge drop.
Median Prices and Sales
Sales of both SFHs and condos were down slightly from last year, while the median price for both categories increased somewhat. Always remember that quarterly numbers can be – and frequently are – volatile, especially during the winter months. We will get a truer picture of the underlying market trends when we get the numbers for the first half of the year.
Source: MLS, Oliver Reports
Current Inventory
The big story is the shortness of inventory compared with a year ago. The number of SFHs for sale under $500,000 is just 5 compared with 19 a year ago. Overall inventory for both SFHs and condos is about half that of a year ago.
Source: MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Essex County Q1 Housing Market by the Numbers
This report gives a picture of the Essex County Q1 Housing Market by the Numbers, followed by a snapshot of current inventory compared with a year ago, a comparison which shows a significant shift by price.
Median Prices and Sales
Sales of SFHs increased sharply from the levels of the last few years and were back to levels last seen in 2005. Condo sales were also well up, although they remain well below the levels of 2004-2007. The median prices for both SFHs and condos edged down slightly.
Always remember that quarterly numbers can be – and frequently are – volatile, especially during the winter months. We will get a truer picture of the underlying market trends when we get the numbers for the first half of the year.
Source: MLS, Oliver Reports
Current Inventory
The changing housing market is well illustrated by the change in inventory compared with a year ago. The median SFH price in Essex County is a little below $400,000. A year ago there were 450 houses available below this level, but today there are just 278, a drop of 38%. Above $750,000, there is an increase in supply.
A similar pattern is seen in condos, where the median price is around $250,000. The supply of condos for sale only increases above $500,000.
Source: MLS, Oliver Reports
If you are considering selling your home please contact me on 617.834.8205 or [email protected] for a free market analysis and explanation of the outstanding marketing program I offer.
Read Which broker should I choose to sell my house?
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
Sunday Open Houses
It’s a beautiful day in New England. Here is today’s list of Open Houses: (more…)
Saturday Open Houses
As the spring selling market gets into full speed we are seeing more Saturday Open Houses:
andrewjoliver.com
Marblehead Open Houses
Salem Open Houses
Swampscott Open Houses
Beverly Open Houses
If you are considering selling your home please contact me on 617.834.8205 or [email protected]. 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.
Read Which broker should I choose to sell my house?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
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