Swampscott Mid-Year 2024 Market Review
The median price of the SFHs sold in Swampscott in the first half of 2024 dropped from 2023, while sales were similar to last year’s level.
The small number of Condo sales took place between $450,000 and $3.3 million.
In Q2, 57% of all sales took place over List Price.
The median Price per Sq.Ft. can fluctuate Quarter to Quarter, but was similar overall in H1 2024 compared with 2023.
The pace of sales slowed a little in Q1 before speeding up again in Q2.
(DTO- Days To Offer – the number of days before an accepted offer is received)
Sales Mostly over List Price
The blue line in the table below represents the percentage of sales that took place over List Price – in the last 6 quarters it has been 38%, 53%, 59%, 48%, 19% and – most recently- 57%.
And read these recent articles:
The Federal Reserve’s Analysis Paralysis
July Housing Inventory and H1 Sales to List Price
My Property Tax reports mentioned at Town Meeting
Marblehead Mid-Year 2024 Market Review
Salem Mid-Year 2024 Market Review
Essex County Mid-Year 2024 Market Review
Essex County Mid-Year 2024 Market Review: Town by Town Guide
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or [email protected].
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com