Essex County Town by Town SFH Median Prices
This table shows median prices for the full years 2015 and 2016, and median prices and sales for the first 9 months of 2017. Note that a small number of sales can lead to price fluctuations, as in Nahant and Essex Town. In general, the larger the number of sales, the more reliable is the median price.
While the overall median price in Essex County was $440,000, only 10 of the 34 cities and towns had median prices below this level, while 24 had median prices above $440,000. The reason for this is that the median price for the the County is calculated by taking all individual property sales, and many of the towns with a large number of sales were in communities with lower prices.
If I calculated the median price for Essex County using towns rather than individual sales, the median price would be $511,750. Click Essex County Town by Town SFH Median Prices to download a copy of this report.
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