Marblehead house prices reach new high for first 6 months

The median price of a Single Family Home (SFH) in Marblehead reached a record level of $582,500 in the first half of 2014, narrowly beating the previous high of $577,562 in 2006. Note, however, that prices have not yet bettered the levels in the second half of both 2005 and 2006.

The median price for the full year in 2005 and 2006 was $584,000 and $585,000 respectively, so it would appear at this stage that 2014 will see us very close to prior peak levels. (more…)

Mid-year housing reviews will be published next week

For once the end of a quarter occurs early in the week – next Monday – so I should have time to write my mid-year reviews and publish them next Saturday. As a follow up to today’s article on the link between home sales, mortgage rates and home prices I will report next week that in the first half of the year sales of single family homes were slightly down, the mortgage rate up – and the median price was also up.

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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