Marblehead Q3 Housing Market Summary
In Q3, the first full quarter of sales post the COVID-19 slowdown in March and April, the median price of the Single Family Homes (SFH) sold jumped to $846,000, more than $100,000 higher than any prior quarter. The median price in the first 9 months of the year increased 5.3% to a new record of $750,000.
Sales were steady as was the median Days to Offer (DTO) at 12.
Because it is such a small market, the median condo price can fluctuate from quarter to quarter. More significantly, the YTD median price increased 3.3% to $407,500 while Q3 sales were a record.
For a more detailed report go to Team Harborside Marblehead report.
NB Numbers in bold represent record levels. Sources: MLSPIN, OliverReports.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945