Salem 2019 Housing Market Summary

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Single Family Homes (SFH)
After a 10.5% increase in 2018, the median price of SFHs sold in 2019 increased just 1.4% to a new high of $431,250. Sales increased to the second highest level recorded.
Salem Housing Market

Condos
The median price of the condos increased just 1.5% in the first half (H1) but jumped 10.7% in H2 for a Year-on-Year gain of 6.2%.
Salem Housing Market

Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®

Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReports.com
www.TeamHarborside.com
Andrew.Oliver@SothebysRealty.com

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