Essex County Mid-Year Housing Market Flash Report

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A week after the end of the quarter we are still waiting for a handful of agents to update listings which were scheduled to close in June. Hence these numbers are not final but will be very close.

Single Family Homes (SFH)

Sales:  flat in the second quarter, down about 2% YTD

Median Price: up nearly 6% to $455,000, a new record. The median price reached $400,000 for the first time in the first half of 2016.

Condos

Sales: flat in the second quarter, down about 3% YTD

Median Price: up 3.5% to $295,000, a new record. The second quarter may just have reached $300,000 for the first time.

 

Sagan Harborside Sotheby’s International Realty