Pricing your home properly is more important than ever
See why here

This month's market data, based on July 2022 stats, showed a similar market to July 2021 with similar average sales price, similar days to offer, similar number of homes sold, and similar sales to list price ratio across the North Shore. Of note, the last few months we had seen a noticeable increase in inventory, whereas the July data shows that there were fewer new listings in July 2022 than in July 2021. This will likely continue to create high demand for new homes.The data that we are seeing here shows us that the market is not as much in a downturn as some agents and news outlets predict and reinforces that we are in a market that is normalizing. Continue reading to see how things broke down across our various North Shore service areas. 

SOURCE VIA MLS; TOTAL SOLD MARKET STATISTICS JUNE 2022 VS. JUNE 2021, ON-MARKET SNAPSHOT AS OF 8/9/2022
NORTH SHORE DATA INCLUDES: BEVERLY, ESSEX, GLOUCESTER, HAMILTON, IPSWICH, MANCHESTER, MARBLEHEAD, ROCKPORT, SALEM, WENHAM 


North Shore Averages

Here is a look at the data for select cities and towns in the North Shore combined, based on MLS data for the month of July 2022 with comparison to July 2021.

NORTH SHORE DATA INCLUDES: BEVERLY, ESSEX, GLOUCESTER, HAMILTON, IPSWICH, MANCHESTER, MARBLEHEAD, ROCKPORT, SALEM, WENHAM 

220

NEW LISTINGS

2021: 251

$812,837

AVG SALES PRICE

2021: $755,334

12

AVG DAYS TO OFFER

2021: 19

190

HOMES SOLD

2021: 191

105

SALES PRICE: LIST PRICE

2021: 105

Manchester-by-the-Sea + Essex

7

NEW LISTINGS

2021: 14

$1,143,831

AVG SALES PRICE

2021: $1,745,958

11

AVG DAYS TO OFFER

2021: 11

8

HOMES SOLD

2021: 12

108

SALES PRICE: LIST PRICE

2021: 102

Gloucester

32

NEW LISTINGS

2021: 27

$987,815

AVG SALES PRICE

2021: $813,904

10

AVG DAYS TO OFFER

2021: 11

29

HOMES SOLD

2021: 26

104

SALES PRICE: LIST PRICE

2021: 101

Beverly

42

NEW LISTINGS

2021: 52

$652,606

AVG SALES PRICE

2021: $680,364

10

AVG DAYS TO OFFER

2021: 11

44

HOMES SOLD

2021: 35

105

SALES PRICE: LIST PRICE

2021: 104

Salem

52

NEW LISTINGS

2021: 72

$535,808

AVG SALES PRICE

2021: $525,884

11

AVG DAYS TO OFFER

2021: 12

49

HOMES SOLD

2021: 58

105

SALES PRICE: LIST PRICE

2021: 106

Hamilton + Wenham

22

NEW LISTINGS

2021: 30

$1,100,550

AVG SALES PRICE

2021: $870,671

13

AVG DAYS TO OFFER

2021: 36

10

HOMES SOLD

2021: 18

105

SALES PRICE: LIST PRICE

2021: 104

Ipswich

24

NEW LISTINGS

2021: 12

$774,307

AVG SALES PRICE

2021: $687,379

13

AVG DAYS TO OFFER

2021: 10

16

HOMES SOLD

2021: 14

105

SALES PRICE: LIST PRICE

2021: 106

Marblehead

33

NEW LISTINGS

2021: 33

$1,098,519

AVG SALES PRICE

2021: $836,291

11

AVG DAYS TO OFFER

2021: 23

27

HOMES SOLD

2021: 21

107

SALES PRICE: LIST PRICE

2021: 104

Rockport

8

NEW LISTINGS

2021: 11

$1,175,875

AVG SALES PRICE

2021: $704,833

21

AVG DAYS TO OFFER

2021: 9

8

HOMES SOLD

2021: 6

103

SALES PRICE: LIST PRICE

2021: 106

See how much your home would sell for, today.

  • Step 1
  • Step 2
First Name
Last Name
Email
Phone
Best time to call

Thank you for reaching out!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info