Essex County September Housing Report 9/11/2021
Single Family, Condo and Multi-Family median sold prices up strongly from last year, +7.7%, +15.4% and +16.4% respectively, reflecting the continuing inventory shortage and record low mortgage rates.
Month Over Month, Aug 2021 vs July 2021
- Median Sales Prices:
Single Families 0.7%; Condos 6.7%; Multi-Families -4.1%
- Unit Sales:
Single Families 4.2%, Condos -1.1%, Multi-Families -4.3%.
- Active Listings (Inventory) Down:
Single Families -2.7%, Condos -7.4%, Multi-Families -7.3%
Year Over Year, Aug 2021 vs Aug 2020, prices up sharply as inventory plummets
- Median Sales Prices Up Sharply:
Single Families +7.7%; Condos +15.4%; Multi-Families +16.4%
- Unit Sales Surge for Multi-Families
Single Families -4.4% , Condos -14.0%, Multi-Families +40.6%.
- Active Listings (Inventory) Continues to Plunge For Singles, Condos:
Single Families -32.6%; Condos -32.1%; Multi-Families 14.5%
To view data for every Essex County town, go to: http://www.sullivanteam.com/Properties/Reports/Public/Charts.php
To Download the full housing report go to: http://sullivanteam.com/pages/EssexCountyHousingReports