This month's market data, based on March 2022 stats, inventory, while still very low, was more on par with 2021. We continued to see increased sales prices, though a lower number of total sales. The sales to list price ratio remained well over 100 in all of our market areas. Days to offer also continue to be quite low, with an average of 26 days to offer across our service areas. With inventory being so low, the average stats can be greatly influenced by a single transaction in a particular city or town.
SOURCE VIA MLS; TOTAL SOLD MARKET STATISTICS MARCH 2022 VS. MARCH 2021, ON-MARKET SNAPSHOT AS OF 4/11/2021
NORTH SHORE DATA INCLUDES: BEVERLY, ESSEX, GLOUCESTER, HAMILTON, IPSWICH, MANCHESTER, MARBLEHEAD, ROCKPORT, SALEM, WENHAM