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 October 2022 with comparison to October 2021.
The market data for our November market report showed mostly similar statistics as 2021, with average sales price only 2% lower, days to offer still at about 20 days, and the average sales to list price ratio remained at 103, showing that homes are still selling quickly and over asking price. Of note is the number of homes sold decreased 34% and the number of new listings also decreased 25%. This may be why, for some, it seems the market is slowing down. There are fewer listings coming on and fewer being sold compared to a year ago. This continuously low inventory, however, is a big part of what is keeping our prices high and selling quickly.
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 October 2022 with comparison to October 2021.
NEW LISTINGS
2021: 197
AVG SALES PRICE
2021: $863,926
AVG DAYS TO OFFER
2021: 18
HOMES SOLD
2021: 192
SALES PRICE: LIST PRICE
2021: 103
NEW LISTINGS
2021: 5
AVG SALES PRICE
2021: $1,598,462
AVG DAYS TO OFFER
2021: 18
HOMES SOLD
2021: 13
SALES PRICE: LIST PRICE
2021: 104
NEW LISTINGS
2021: 27
AVG SALES PRICE
2021: $1,032,786
AVG DAYS TO OFFER
2021: 17
HOMES SOLD
2021: 29
SALES PRICE: LIST PRICE
2021: 104
NEW LISTINGS
2021: 52
AVG SALES PRICE
2021: $655,300
AVG DAYS TO OFFER
2021: 11
HOMES SOLD
2021: 35
SALES PRICE: LIST PRICE
2021: 105
NEW LISTINGS
2021: 48
AVG SALES PRICE
2021: $522,978
AVG DAYS TO OFFER
2021: 15
HOMES SOLD
2021: 46
SALES PRICE: LIST PRICE
2021: 103
NEW LISTINGS
2021: 16
AVG SALES PRICE
2021: $951,417
AVG DAYS TO OFFER
2021: 37
HOMES SOLD
2021: 12
SALES PRICE: LIST PRICE
2021: 99
NEW LISTINGS
2021: 13
AVG SALES PRICE
2021: $671,360
AVG DAYS TO OFFER
2021: 21
HOMES SOLD
2021: 15
SALES PRICE: LIST PRICE
2021: 104
NEW LISTINGS
2021: 28
AVG SALES PRICE
2021: $1,095,239
AVG DAYS TO OFFER
2021: 17
HOMES SOLD
2021: 34
SALES PRICE: LIST PRICE
2021: 103
NEW LISTINGS
2021: 8
AVG SALES PRICE
2021: $1,178,125
AVG DAYS TO OFFER
2021: 36
HOMES SOLD
2021: 8
SALES PRICE: LIST PRICE
2021: 98
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