Sales and Median Prices Town by Town

As promised in my Are home sales really booming? article this weekend I am now publishing a town by town guide to Sales and Median Prices for the year through August.

Sales_Med_Jan_Aug_2014_15_1

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports


Top Towns by Sales Increase

19 of Essex County’s 34 cities and towns saw double-digit sales increase for the first 8 months of 2015 compared with the same period of 2014:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

Top Towns by Price Increase
Only 5 towns, however, saw a double digit price increase (and three of these are towns with a small number of sales):

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

Towns with a Sales Decrease

10 towns saw sales flat or down:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

Towns with a Median price decrease:
7 towns saw a price decrease:

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

Comment
As always there are variations – quite wide in some cases – from town to town. Note, however, that the largest percentage increases in both sales and median prices tend to occur in towns with a relatively small number of sales.
This report is meant as an overall guide to activity in Essex County’s 34 cities and towns.
Please feel free to contact me if you would like more detail on any specific town.

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.

Read Which broker should sell my house>,/a>

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

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