Number of Accepted offers Soars

The number of Accepted offers for SFHs in Essex County soared last week by more than 30% compared with the same week last year. This continued the strong, recent trend:

Accepted Offers

To put this recent trend into perspective, let’s look at monthly figures for 2020 compared with 2019:

Accepted offers

and finally the current inventory numbers:

There is a tremendous demand for properties currently, but it is worth noting that overall Offers are still down some 15% for the year. A reasonable guess is that the market will remain active longer into the summer this year.

Andrew Oliver
Market Analyst | Team Harborside |

Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205

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“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Sale, Beverly, Lynn and Swampscott.”