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Is this Marblehead’s most expensive sale?

March 5, 2017 · by Andrew Oliver · in Marblehead News, Market Reports

According to MLS, an offer has been accepted on 204 Ocean Avenue, which is listed for sale at $6.5 million.

We will not know the sale price until closing but the highest public (MLS) sale recorded in Marblehead is $5.6 million, so there is a good chance that this sale will set a new MLS record. Note, however, that there was a private sale at $6.7 million in 2008.

High End Sales
Here is a year by year list of sales since 2004. Sales in the $2 – 3 million range hit a new high of 9 in 2016, while sales above $3 million have been 3 or 4 in each of the last 5 years. Maybe 2017 will see a break out in sales over $3 million:

Marblehead High End

Source: MLS, Oliver Reports

(more…)

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