Swampscott Q3 Housing Report: prices break through $500,000 – at last

The startling decline in inventory at lower price levels over the last two years has contributed to a 9% increase in the median price of SFHs sold in the first 9 months of 2017 to a record level of $530,000. It is likely that 2017 will see the old 2005 record median price of $517,300 broken – finally.

Median Price
6 of the last 8 quarters have seen median prices above $500,000.

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