Marblehead 2015 Median Price revised

Recently, I spotted in the MLS that one SFH listing in Marblehead was still showing as pending several months after an offer had been accepted. I checked with the Registry of Deeds and found that the sale had actually closed last October, but the broker had failed to update the listing in MLS, a violation of MLS rules. (Note, this was not one of the major real estate firms, but an Entry Only listing).

No big deal, you may think, but the addition of just one sale did two things: it lowered the median price for 2015 by $2,500 to $596,500, and it caused me to redo 6 charts and tables. The first was disappointing, the second downright annoying.

Here is the revised Marblehead 2015 Housing Market review.

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 Andrew.Oliver@SothebysRealty.com.

Read Which broker will find the buyer for my house?

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

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