Marblehead condo owners: do you want to sell?

While giving a market update at the Tuesday morning Harborside Sotheby’s International Realty meeting  I was struck by how few condos were available for sale in Marblehead over $350,000.

The table below shows sales YTD and pending sales – those with an accepted offer. The last column shows the number currently available for sale.

Source: MLS, Oliver Reports

Source: MLS, Oliver Reports

These numbers suggest that there is actually quite a good supply of condos under $350,000, but very few available above that price. Clearly, there is demand in the $350-499 range and especially at the higher price level.

If you are thinking of selling a condo in these price ranges now would seem to be a great time to do so.

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 is a Realtor with Harborside Sotheby’s International Realty

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