2021 Year In Review Market Update
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
$70,316,330
Total Sales Volume
76
Homes Sold
105
Customers Helped
Our Market 2021 Year in Review
Includes data for 1/01/2021 - 12/31/2021 for single family and condominiums in the towns of Beverly, Essex, Gloucester, Hamilton, Ipswich, Manchester, Marblehead, Rockport, Salem, Topsfield, Wenham
2,534
New Listings
67
Active Listings
176
Under Contract
2,332
Closed Sales
Homes Sold
104%
Sale-to-List Price
$751,600
Average Sales Price
307
Homes Sold Over $1mill
35
Average Days on Market
$374.09
Average Price per Square Foot
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.