Housing Inventory: better in places but still tight

As we move into the spring selling season we are seeing the traditional pick-up in inventory, although it varies from town to town. Overall in Essex County, the number of Single Family Homes (SFH) for sale is 15% lower than a year ago, while the number of condos is down 17%.
Here are the numbers for each city and town. First, SFH:

Essex_SFH_May_2(A-M)

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

and Condos:

Essex_Condos_May_2_A-M

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

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.

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

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