Beverly 2015 Condo Market Review
This Beverly 2015 Condo Market review shows that sales jumped sharply in 2015 while the median price held steady.
Sales
Sales jumped 33% last year and were double the lows of 2009-2011, although still well below the highs of 2004 and 2007.
Source: MLS, Oliver Reports
Beverly 2015 Housing Market Review
This Beverly 2015 Housing Review covers the Single Family Home (SFH) market. In 2015 sales increased 5% to tie the record level of 2004, while the median price improved 6% to a new record $403,000, topping the prior peak of $400,000 in 2004.
Sales
Source: MLS, Oliver Reports
New listings go cold
New listings this week dropped with the temperature: (more…)
Today’s Open Houses
A glorious day in New England to visit these Open Houses and take advantage of mortgage rates under 4% again.
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
Beverly Open Houses
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 [email protected].
Read Which broker should I choose to sell my home?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
New Listings this week
Here are this week’s new listings:
Source:MLS, Oliver Reports
Marblehead new listings
Beverly new listings
Salem new listings
Swampscott new listings
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 [email protected].
Read Which broker should I choose to sell my home?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
Today’s Open Houses
Today’s Open Houses : (more…)
This week’s new listings
A small number of new listings this week but there is plenty of activity taking place in the market right now. (more…)
Open Houses thanks to the Patriots
I still think the Patriots should have run the ball when they got it back with 7:28 to go in the fourth quarter – they passed three times taking only a minute off the clock, in case for some extraordinary reason you were not watching – but Bill Belichick – yet again – has not called me for advice. (more…)
Beverly 2015 Housing Market Summary
This Beverly 2015 Housing Market Summary post shows just the numbers for 2015. When I publish my detailed reviews I will add a link here.
Source: MLS, Oliver Reports
One way I measure prices is by the ratio (ASR) of Assessed Value (AV) to Sales Price (SP). The ASR is the AV divided by the SP: if the SP is rising (prices going up), the ASR will fall.
Properties selling above their AV will have an ASR below 100%. What this means is that in a period of rising prices the ASR is likely to be falling. So what we, as homeowners, want is an ASR below 100% and falling.
Remember that AVs are a lagging indicator: the tax bills that have just been sent out for FY2016 are based on actual sales in 2014. Thus the 2015 sales data, reported in this review, will be the basis for FY2017 assessments.
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 [email protected].
Read How should I choose the broker to sell my home?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
New listings mostly under $500,000
Definitions of affordable and inexpensive vary from area to area, but the most noticeable feature of this week’s new listings is that, but for 1 in Salem and 2 in Swampscott, they are all under $500,000.
New listings total 1 in Marblehead, 7 in Beverly, 17 in Salem and 6 in Swampscott.
Marblehead new listing
Beverly new listings
Salem new listings
Swampscott new listings
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 [email protected].
Read Which broker shouuld I choose to sell my home?
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated
You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.
@OliverReports
Open Houses today: no Pats game
No Pats game today so plan to visit these Open Houses, with everything from a condo in Salem under $200,000 to an oceanfront estate in Marblehead: (more…)
Open Houses 11, Patriots?? Many more, we hope.
Real estate agents aren’t dummies. With the Pats playing the Dolphins today at 1 pm, there are just 11 Open Houses – SFHs and Condos – in Marblehead, Beverly, Salem and Swampscott combined – and all but 1 of them start before the Pats kick off at 1 pm. (more…)
New Listings in time for Christmas
Holy bat-panic – 6 days to Christmas and nothing to put under the tree? Quick, check out these new listings and make an offer on one next week! (more…)
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