Oliver Reports Massachusetts
The reliable, informed source for Marblehead and North Shore real estate news
Menu
  • About Me
  • Weekly Newsletters
  • Mortgage Rates and Economic Commentary
  • Property Taxes
  • About Marblehead
  • Market Reports
    • 2024 Market Reports
    • 2023 Market Reports
    • 2022 Market Reports
    • 2021 Market Reports
    • Marblehead
    • Swampscott
    • Beverly
    • Salem
    • Essex County
  • Boston
  • Massachusetts
  • The Luxury Market
  • Flood insurance

Beverly Q3 2021 Market Report

October 22, 2021 · by Andrew Oliver · in Beverly Housing Market, Market Reports

Key Metrics

Beverly real estate

Single Family Homes (SFH) (more…)

Beverly Mid-Year 2021 Market Report

July 17, 2021 · by Andrew Oliver · in Beverly Housing Market, Essex County Housing News, Market Reports

The median price of Single Family Homes (SFH) sold in the first half of 2021 (H1 2021) increased 15.4% from $546,000 to $630,000 breaking $600,000 for the first time. Sales of 124 were in line with the 5-year average of 122.

81% of SFHs and 65% of condos sold above list price in H1 2021. 34% of SFHs sold at 110% or more of list price (vs 4% in H1 2020) but only 8% of condos.. (more…)

Beverly Q1 2021 Housing Market Review

April 18, 2021 · by Andrew Oliver · in Beverly Housing Market, Market Reports

1. The median price of the Single Family Homes (SFH) sold in Q1 2021 increased 14.9% to $575,500 from the Q1 2020 figure of $501,000, which was by far the lowest number in 2020.
2. With no new major developments, the median Condo price dropped 5.3%% from $375,000 to $355,000, which was in line with the median price for the whole of 2020.
3. SFH sales increased from 41 to 44, in line with the 5-year average, while Condo sales jumped from 23 to 35.
4. 77% of SFHs and 69% of Condos sold received accepted offers in 15 days or less

beverly Housing Market

For a more detailed report on the market in Q1 go to Team Harborside’s website and read: Beverly Q1 Market Review (more…)

Beverly Housing Market 2020 Review

January 17, 2021 · by Andrew Oliver · in Beverly Housing Market

The median Single Family Home (SFH) price in Beverly in 2020 increased 8.7% to $560,000, while the median condo price was 9.2% higher at $355,000.

For a more detailed report go to Team Harborside’s website: Beverly 2020 Review (more…)

Beverly Q3 Housing Market Report

October 18, 2020 · by Andrew Oliver · in Beverly Housing Market, Latest News

[Click here to download a copy of this report]

Single Family Homes (SFH)
The median price of SFHs sold in the first 9 months of 2020 (YTD Q3) increased 5.8% to $550,000. Sales were in line with 2019 and the median Days to Offer (DTO) was just 7 days. (more…)

Beverly 2019 Housing Market Summary

January 18, 2020 · by Andrew Oliver · in Beverly Housing Market, Latest News

Single Family Homes (SFH)
After topping $500,000 in each of the first 3 Quarters, the median SFH price dropped back to $475,000 in Q4 as that Q saw a high percentage of sales under $500,000. Sales declined again and were the lowest since 2012.

Beverly Housing Market

Condos
The median condo price gained 13.6% to $325,000, but was lower than the 2017 level. Sales at Elliott Landing complicate comparisons from year to year.

Beverly 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
[email protected]

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Beverly Q3 2019 Housing Market Summary

October 20, 2019 · by Andrew Oliver · in Beverly Housing Market, Latest News, Market Reports

[Click Beverly Q3 2019 Housing Market Summary to download a copy of this report.

Single Family Homes (SFH)
After 8 consecutive quarters in 2017-18 in the $450,000-$475,000 range, the median price of Single Family Homes (SFH) sold in the first 9 months of 2019 (YTD Q3) jumped 10.3% to $520,000. Sales, however, were the lowest since 2012.

Condos
The median condo price YTD jumped 18.1% to $339,000, but was similar to the 2017 level of $340,000. While the drop in 2017 was caused by the end of sales at Elliott Landing, the increase in 2019 in both median price and sales seems to be more a reflection of strong buying interest in Beverly generally rather than any one new development.

NB Numbers in bold represent record levels. Sources: MLSPIN, OliverReports.com

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
[email protected]

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Beverly Mid-Year 2019 Housing Market Summary

July 21, 2019 · by Andrew Oliver · in Beverly Housing Market, Market Reports

[Click here to download a copy of the this report.]

Single Family Homes (SFH)
After 8 consecutive quarters in the $450,000 -$475,000 range, the median price of Single Family Homes (SFH) sold in the first half of 2019 (H1 2019) jumped 10% to $520,000, while sales dropped 15%.

Beverly Housing Market

Condos
The median condo price jumped 23.2% to $345,000, but was below the 2017 level of $365,000. The fluctuations are largely caused by the number of higher-priced sales at Elliott Landing: 31 in 2017 (new construction), 1 in 2018 and 7 in 2019 (resales).
Beverly Housing Markeet

NB Numbers in bold represent record levels

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
[email protected]

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Beverly Q1 2019 Housing Market Review

April 28, 2019 · by Andrew Oliver · in Beverly Housing Market, Market Reports

[Click Beverly Q1 2019 Housing Market Review to download a pdf of this report.]

The median price of the Single Family Homes (SFH) sold in Q1 2019 increased 15% compared with Q1 2018 to $525,000, the first time Beverly has recorded a quarterly median price above $500,000. Sales of SFHs, however, dropped from 53 to 37. (more…)

Beverly 2018 Housing Market By The Numbers

January 27, 2019 · by Andrew Oliver · in Beverly Housing Market, By The Numbers Posts

[Click here to download a copy of this report.]

Single Family Homes (SFH)
After increasing by almost 25% over the three previous year, the median price of the SFHs sold in 2018 was virtually unchanged from 2017. Of note was the consistency of pricing throughout the year. Sales continued to decline from the 2016 peak.

Beverly housing market

Condos
The median price of condos sold in recent years has been distorted by the 65 sales at Elliott Landing, with a median price over $500,000, between Q4 2016 and Q3 2017. Since then the median price has mostly been in the $280,000-290,000 range.
Beverly condo market

Andrew Oliver
Realtor, Sagan Harborside
Sotheby’s International Realty
www.andrewJoliver.com
www.OliverReports.com
Tel: 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Beverly Q3 Report: Market Stable

November 11, 2018 · by Andrew Oliver · in Beverly Housing Market, Market Reports

(Click here to download a copy of this report.)

After the sharp rise of recent years, the median price of the 229 SFHs sold in the first 9 months of 2018 was essentially flat, as it has been for the past 7 quarters. (Numbers in bold represent record levels). (more…)

Beverly Housing Market Mid-Year 2018 Review

July 29, 2018 · by Andrew Oliver · in Beverly Housing Market, Market Reports

Click here to download a PDF of this report.

The median price of the Single Family Homes(SFH) sold in Beverly in the first half of 2018 was slightly lower than in 2017, a year which saw a sharp increase.
Beverly Housing Market

Since breaking $400,000 in 2015, the median price has increased sharply, with the usual quarterly fluctuations.

Beverly Housing Market

SFH Sales
Sales were in line with recent years.

Beverly Housing Market

SFH Sales by price
The percentage of sales under $400,000 was 44% in 2016 and 25% in both 2017 and  2018.

Beverly Housing Market

SFH For Sale
The biggest drop in inventory is in the $600,000-$1 million range, where the number for sale has dropped from 21 in 2016 to just 7 in 2018.

Beverly Housing Market

Condos
The apparent roller-coaster in the median price is explained by the development at Elliot Landing. Between Q3 2016 and Q2 2017, some 50 condos sold at a median price in excess of $500,000. The end of such sales has returned the median price to under $300,000.

Beverly Housing Market

Beverly Housing Market

Condo Sales
Note that the number of sales over $500,000 dropped from 26 in 2017 to just 2 in 2018, reflecting the completion of sales at Elliott Landing

Beverly Housing Market

Condos for sale
There is a similar story with condos for sale, with the number over $500,000 dropping from 28 in 2016 to 6 in 2018.

Beverly Housing Market

Summary
The pattern of SFH sales was very similar in the first half of both 2017 and 2018, coming after the market has been strong in recent years, especially since breaking through the $400,000 barrier.
Significant new developments in Essex County are usually of condominiums and usually for higher-priced units than the existing stock, which is why the median price can be distorted during times of large numbers of new sales. We saw this in Beverly with Elliott Landing and the same phenomenon is occurring now in Swampscott with the sales of condos at The Avery.

Sagan Harborside Sotheby’s International Realty
www.SaganHarborside.com

Beverly 2017 Housing Market Review

January 28, 2018 · by Andrew Oliver · in Beverly Housing Market, Market Reports

(Click here to download a copy of this report).

The price of the SFHs sold in Beverly in 2017 rose 6.9% to a new high of $470,000, taking the two-year gain to 16.5%. As with many markets, sales were down, reflecting the shortage of inventory.

Beverly Housing Market

OliverReports.com

The impact of rising prices can be seen in the huge drop in sales under $400,000 and increases above that price.

Beverly Housing Market

Condos
The median price of the condos sold in Beverly in 2017 increased nearly 15%, breaking through $300,000 for the first time. The biggest factor was that in late 2016 and the first 9 months of 2017 there were some 65 sales in MLS at Elliott Landing at a median price of just over $500,000.

Beverly Housing Market

 

Andrew Oliver
www.OliverReports.com
[email protected]
617.834.8205

Beverly Q3 2017 Housing Market Report

October 17, 2017 · by Andrew Oliver · in Beverly Housing Market, Market Reports

Click here to download a pdf of this report.

Beverly has been a hot market in recent years. The median price of a Single Family Home (SFH) first broke through $400,000 in 2015 and in the first 9 months of 2017 increased by 6%. Sales were down a little from last year but in line with the average of the last 5 years. (more…)

Beverly Mid-Year Review: By The Numbers

July 29, 2017 · by Andrew Oliver · in Beverly Housing Market

Beverly is seeing a lot of new construction, particularly in the condo market, and as new construction is generally of higher-priced properties, this construction moves the median price of homes sold upwards.

The median price of a Single Family Home (SFH) increased 8%, while sales dropped back from the 2016 level.

Beverl;y Mid-Year Housing Review

Oliver Reports, MLS

The most significant factor affecting the condo market in the last year has been the new Elliott Landing development of 73 higher-priced condos – of which just 6 remain for sale. The impact of Elliott Landing was evident in the second half of 2016 and the first half of 2017.

Beverly Mid-Year Review

Oliver Reports, MLS

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

 

 

 

1 2 … 4 Next »

Links

  • Simplifying the Market

Recent Comments

  • May Inventory shows no improvement - Oliver Reports Massachusetts on “Party on, dude” says the Federal Reserve
  • April Inventory shows little improvement - Oliver Reports Massachusetts on “Party on, dude” says the Federal Reserve
  • March Inventory shows no improvement - Oliver Reports Massachusetts on “Party on, dude” says the Federal Reserve
  • February Inventory as low as this weekend's temperature - Oliver Reports Massachusetts on “Party on, dude” says the Federal Reserve
  • November Inventory stays high - Oliver Reports Massachusetts on “Party on, dude” says the Federal Reserve

SEARCH_MLS Listings

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 786 other subscribers

Worth Reading

Which broker should I hire to sell my house?

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Beverly Housing Market
  • Boston
  • Boston housing market
  • By The Numbers Posts
  • Essex County Housing News
  • Florida real estate
  • Home maintenenance
  • Housing Inventory
  • Latest News
  • Life Style
  • Luxury Property
  • Lynn Housing Market
  • Marblehead News
  • Market Reports
  • Massachusetts Housing News
  • Mortgage and Finance News
  • National News
  • New Listings
  • North Shore housing market
  • Open Houses
  • Property taxes
  • Salem housing market
  • Swampscott Housing Market

Copyright © 2025 Oliver Reports Massachusetts

Powered by WordPress and Ascetica