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North Shore | Real Estate Market Update | December 2022

The market data for our 2022 December market report showed higher average sales prices than December of 2021 but far less overall sales. The number of days to offer was not too far off from 2021 with 25 days to offer on average across our North Shore region, compared to 24 in 2021. The sale price to list price ratio was also similar, with 102 in 2022 compared to 103 in 2021. 

What we continue to see is that homes that are priced right and are totally sale ready: staged, organized, great photos, priced intelligently, along with a robust & strategic marketing plan are still selling quickly and over asking price. Now, more than ever, you need to have a savvy local agent that will go above and beyond to get your home sold. There are still motivated buyers out there and very little inventory, so it's our job to be the matchmakers and present your home in its best light.

SOURCE VIA MLS; TOTAL SOLD MARKET STATISTICS NOVEMBER 2022 VS. NOVEMBER 2021, ON-MARKET SNAPSHOT AS OF 12/6/2022
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 November 2022 with comparison to November 2021.

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

134

NEW LISTINGS

2021: 145

$784,055

AVG SALES PRICE

2021: $680,834

25

AVG DAYS TO OFFER

2021: 24

158

HOMES SOLD

2021: 239

102

SALES PRICE: LIST PRICE

2021: 103

Manchester-by-the-Sea + Essex

4

NEW LISTINGS

2021: 4

$1,016,667

AVG SALES PRICE

2021: $1,028,557

14

AVG DAYS TO OFFER

2021: 58

6

HOMES SOLD

2021: 7

106

SALES PRICE: LIST PRICE

2021: 98

Gloucester

14

NEW LISTINGS

2021: 12

$870,620

AVG SALES PRICE

2021: $740,239

29

AVG DAYS TO OFFER

2021: 43

25

HOMES SOLD

2021: 23

100

SALES PRICE: LIST PRICE

2021: 103

Beverly

32

NEW LISTINGS

2021: 29

$697,185

AVG SALES PRICE

2021: $601,793

13

AVG DAYS TO OFFER

2021: 19

27

HOMES SOLD

2021: 54

101

SALES PRICE: LIST PRICE

2021: 104

Salem

45

NEW LISTINGS

2021: 62

$509,512

AVG SALES PRICE

2021: $517,664

24

AVG DAYS TO OFFER

2021: 17

33

HOMES SOLD

2021: 85

102

SALES PRICE: LIST PRICE

2021: 102

Hamilton + Wenham

5

NEW LISTINGS

2021: 7

$921,975

AVG SALES PRICE

2021: $873,454

38

AVG DAYS TO OFFER

2021: 32

20

HOMES SOLD

2021: 23

103

SALES PRICE: LIST PRICE

2021: 103

Ipswich

13

NEW LISTINGS

2021: 9

$808,813

AVG SALES PRICE

2021: $637,500

16

AVG DAYS TO OFFER

2021: 27

14

HOMES SOLD

2021: 7

103

SALES PRICE: LIST PRICE

2021: 103

Marblehead

11

NEW LISTINGS

2021: 16

$991,605

AVG SALES PRICE

2021: $869,309

38

AVG DAYS TO OFFER

2021: 17

23

HOMES SOLD

2021: 32

103

SALES PRICE: LIST PRICE

2021: 106

Rockport

10

NEW LISTINGS

2021: 6

$780,750

AVG SALES PRICE

2021: $1,203,219

19

AVG DAYS TO OFFER

2021: 49

10

HOMES SOLD

2021: 8

98

SALES PRICE: LIST PRICE

2021: 97

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