The Allure of Ipswich.
Oh Ipswich. I love piping plovers at Crane's Beach and nights with friends at the Castle watching live music. I love your mixture of seacoast and forest and especially kayaking down rivers that feel as remote as the Adirondack Mountains. I adore that you are on the MBTA route, have a small but vibrant downtown area where you can get a delicious bottle of wine and some interesting cheese to take to the beach. I especially love that housing prices have not reached the prices of some of the surrounding towns. We feel, at Nest, that it is coming. We feel that Ipswich is the next frontier.
Like most markets in Massachusetts, housing prices in Ipswich have increased steadily with over a 20% increase since 2014. According to mls data on single family homes sold, the following is a year by year breakdown.
2017: Avg. Sale$: $652,745 Avg. Sale$/SqFt: $263
2016: Avg. Sale$: $583,083 Avg. Sale$/SqFt: $251
2015: Avg. Sale$: $533,617 Avg. Sale$/SqFt: $242
2014: Avg. Sale$: $483,181 Avg. Sale$/SqFt: $219
We feel that it has not plateaued. Compared with neighboring towns, Ipswich still ranks in the lowest prices. Here is a year to date breakdown of sold properties according to the mls.
HAMILTON / WENHAM: Avg. Sale$: $719,806 Avg. Sale$/SqFt: $273
ESSEX: Avg. Sale$: $537,839 Avg. Sale$/SqFt: $277
BEVERLY: Avg. Sale$: $577,753 Avg. Sale$/SqFt: $290
NEWBURYPORT: Avg. Sale$: $642,267 Avg. Sale$/SqFt: $318
MANCHESTER: Avg. Sale$: $1,391,525 Avg. Sale$/SqFt: $383
If you are considering a move to a North Shore town, here are some reasons you should strongly consider Ipswich.
1. Think about the Newburyport MBTA line in the North Shore. Each of the towns on the train route moving up from North Station see bidding wars and soaring prices. One after another it seemed to happen ... Salem. Beverly. Hamilton. It only makes sense that Ipswich is next.
2. Whether you are seeking woods, town, or ocean, there are homes for you in many price ranges.
3. One of the most beautiful towns in the entire State! We mean it. Have you ever canoed the Ipswich River or walk the dunes on the back side of Crane's Beach?
4. Under-valued market?
Lets take a closer look at 9-11 Lakemans in Ipswich. A spectacular esate close to the Hamilton border.
9 Lakeman's Lane, Ipswich, Massachusetts 01938 | Nest Real Estate | Boutique Real Estate in Cape Ann
River Run offers you your own private estate situated in the idyllic horse country of Ips...
This house enjoys an abundance of acreage; a spacious bright, beautiful main house; guest house; small barn for the aspiring farmer; a gorgeous pool and immaculate landscaping. This home is right out of a magazine. A dream life waiting to happen. It is listed for under $1.5m.
WHAT WOULD IT COST IN NEARBY TOWNS...
If you are taking a drive around the area this weekend we encourage you to take a peek at this house at an Open House Brunch on Father's Day - this Sunday 11am to 1pm. Here is a list of some other open houses in Ipswich this weekend.
Light & bright 3 bdrm 2 bath open concept Colonial with AMAZING views over Plum Island...
16 Buttonwood Lane 16, Ipswich, Massachusetts 01938 | Nest Real Estate | Boutique Real Estate in Cape Ann
Welcome to 16 Buttonwood Lane! This luxury home is comfortably nestled in a prime location...
Gorgeous, brand new construction with cathedral ceilings, three season porch, home office ...
For a complete list of homes on the market in Ipswich, please give us a ring at 978-526-1272.