The Militello Team

Joseph & Kathleen

Coastal Homes & Living / North Shore Massachusetts
Country Barn
CAN YOU BELIEVE THESE MORTGAGE RATES? Actually this is one of the reasons the real estate market is on fire. If you have had any thoughts of selling, NOW is the time!
Market Reports
If you would like to see any other towns/cities email me here and I will get that city/town added to the lists .

Essex County Market Update
Week-at-a-Glance
"Special Report"
06/01/2020 - 06/07/2020
You will not find this report anywhere else, it is done especially for you.

Are you Curious Why the same home may show up in 2 different reports?

When you look at these reports, some properties look like they may be in the wrong section of the report, however they are not. I run these reports 3x/week to capture the most current results. We are in a fast-paced market so thing change quickly for example, from "new" to "under agreement" in one week; you may find the same property on two different reports.

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CLICK ON
"Total Sold Market Statistics", "New Listings" "Price Reductions" "Under Agreement" or "Sold" are attached.
Single-Family Homes

SUMMARY

197 - Homes

54 - Homes

156- Homes

77- Listings

Total Sold Market Statistics
$637,928 Average List Price
$633,526 Average Sales Price
100  % ALP to ASP
Highest Priced:  $4,350,000
Lowest Price:  $275,000

27 Average Days to an Offer
39 Average Days on Market
All information take from MLSPIN on 06/07/2020
Condominiums

SUMMARY

92 - Homes

31 - Homes

62- Homes

28 -Listings

 Total Sold Market Statistics
$310,093 Average List Price
$310,337 Average Sales Price
100% ALP to ASP
Highest Priced: $550,000
Lowest Price: $135,000

26 Average Days to an Offer
36 Average Days on Market
All information take from MLSPIN on 06/08/2020
What does a 4 million dollar home look like? Click Here!

The information in these listings were gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content ©2020 MLS Property Information Network, Inc.

What information should you be looking at when making an offer on a property? You should have your REALTOR ® pull the "Total Market Statistics" report so you can see the Average List Price Comparison to the Average Sales Price Comparison in the City/Town you are purchasing your new home in. This will give you an understanding how much over or under the list price homes are selling, at the point in time you are making an offer. Another important number to look at is Average Days to an Offer. This will tell you how quickly the market is moving in the City/Town you are purchasing your new home in, is moving and how quickly you should move on making an offer.

As I've been saying for the past 2 years, we are currently in an extremely fast-paced seller's market. If you would like our expertise on how to purchase a home in this market, reach out to us now.
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If there is a listing sheet you would like to see for anyone of the listings in any of these report, please email me here the listing number and I will send it along to you.
Thinking of Selling? You really need to read this article from Keeping Current Matters. It will help you to better understand the market.👩‍🎓👨‍🎓 (Click the picture below.)
Click on the YouTube Images to get to our YouTube Channel!
If you are thinking of buying or selling, call The Militello Team.




(978) 815-3877 - Joseph
(978) 500-1480 - Kathleen




Thank you for your time today!

See you again next week

Joseph & Kathleen Militello

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