Churchill Properties Massachusetts & NH Real Estate Guide - Volume 19 May 2023

About Us

At Churchill Properties, we are committed to providing our clients with exceptional and personable service. We will work tirelessly to make your next purchase or sale a rewarding and enjoyable experience. We are experts in the local real estate markets and communities. Our unique marketing program utilizes multiple media channels and today’s technologies to ensure broad market exposure for our properties and unrivaled results for our clients.

Churchill Properties is a member of the Leading Real Estate Companies of the World, an elite international network of real estate companies, including 4,600 offices and 150,000 agents in 70 countries worldwide. This global network attracts relocating buyers from more than 800 cities. Additionally, we are members of Luxury Portfolio International – one of the world’s premier Luxury Real Estate networks.

Multimedia Marketing for Your Property

In order to achieve the maximum sales price for your property, it is critical to reach and attract the widest possible audience of relevant Buyers.

Today’s diverse marketing landscape demands the use of multiple media channels to achieve the best price. At Churchill Properties, we create a customized program specific to your home including a powerful mix of professional imaging and floor plans, international real estate websites, digital advertising, enhanced Zillow advertising, luxury networks, quality print advertising, social media promotion, targeted email, and direct mail.

OUR UNIQUE MARKETING AND SALES PROGRAM INCLUDES: ,

• A Premier Brokerage Partnership with the Zillow Group.

• Multiple international real estate websites – Zillow, Realtor.com, Trulia, ChurchillProp.com, Homes.com, NYTimes.com, Boston.com and many more.

• The Massachusetts Multiple Listing Service – 25,000 brokers cooperatively selling homes.

• Magazine and newspaper advertising in quality international, regional, and local publications.

• Digital advertising through Facebook, Instagram and YouTube.

• Social media engagement and promotion – Facebook, YouTube, Instagram, and LinkedIn.

• Quality property brochures and direct mail.

• Real estate direct mail catalogs –60,000 sent annually.

• Email marketing to the brokerage community and potential Buyers.

• Professional Imaging including dazzling drone and interior video, photography, and floor plans.

If you are considering a move, contact us today for professional pricing, home staging recommendations, and a customized marketing plan for your property.

North Shore Real Estate – Market Review

by Christopher Bernier – Principal Broker and Owner of Churchill Properties - May 4, 2023

The Spring real estate market is approaching full bloom. The seasonal patterns in home sales, that were predictable for many years prior to Covid, have returned and it has been very busy thus far in 2023. Traditionally, the month of May is most often the strongest sales month of the year in Massachusetts. As real estate market statistics can vary widely by local area, my comments on the North Shore relate specifically to the combined group of the 26 towns listed below. Also, to provide the most up to date information, my comments relate to the Year-to-Date (YTD) April 30th, 2023 market statistics versus the same period in 2022. All comments are based solely on data drawn from the multiple listing service and do not include “off-market” sales.

The Economy and Interest Rates - An interest rate increase of 25 basis points was announced today by the Federal Reserve Board, and they also indicated that it would likely be the last of their long series (10) of rate hikes. The increase was anticipated by lenders and has had little affect on the mortgage rates offered to borrowers, which are in the 6.0% to 6.5% range. In March 2023, the Inflation rate improved, but remains high, at 4.99%. Unemployment is relatively low at 3.5% and consumer confidence trended down in April, likely in response to the recent bank failures.

Single Family Homes – Single Family homes comprised 57% of the homes sold on the North Shore. There were 509 closed sales YTD through April 30th, a decline of 19% from the same period in 2022. For the same period comparison, the median sale price increased 5.6% to $686,555. Despite the rise in interest rates, demand for homes remains exceptionally strong. The number of newly listed single-family homes was lower in 2023 by 21% and this reduction in supply, combined with the strong demand, continues to fuel higher prices. The inventory of homes remains very low and all these conditions continue to favor the Sellers of homes.

Condominiums – Condominiums comprised 35% of homes sales on the North Shore. There were 314 closed sales through April, which was a decline in unit volume of 21% versus the same period last year. There were 428 newly listed condominiums on the North Shore in the first four months of the year, which was 23% lower than last year. Demand for condominiums remains very strong and, with fewer condominiums coming on the market this year, the median sale price has increased 9.3% over the same period in 2022. Inventory of condominiums remains very low, favoring the Sellers of condominiums.

The Luxury Market – There were 40 luxury homes ($1.5M+) sold on the North shore in the first 4 months of 2023 vs. 39 homes in the same period of 2022. Despite the steep decline in homes sales in the lower price ranges, Luxury home sales remain strong. The median sale price of closed Luxury homes in 2023 increased to $1,890,000 from $1,750,000 in 2022 – an 8% increase. Median days to accepted offer for Luxury homes increased significantly in 2023 to75 days, up from only 26 days in 2022. The highest price achieved in the first 4 months of 2023, after 452 days on the market, was $18,275,000.

If you are considering a move, contact us today for exceptional and personable service that will make your next move an enjoyable and rewarding experience. Thank you.

About Christopher Bernier - Chris Bernier is the owner and principal broker of Churchill Properties. Chris has held numerous leadership roles in residential real estate in the greater Boston area over the last 30 years. He rose through several brokerage management positions to Chief Operating Officer in New England for Coldwell Banker which had more than 80 offices and 3,500 agents. He was responsible for agent training and education, marketing, and luxury marketing. Chris was elected to, and served for several years, on the board of directors of MLS Property Information Network which is Massachusetts largest multiple listing service serving more than 25,000 real estate agents. As a real estate broker, Chris was recognized for ranking in the top 1% of brokers for closed sales volume.

North Shore Towns - Amesbury, Beverly, Boxford, Danvers, Essex, Georgetown, Gloucester, Groveland, Hamilton, Ipswich, Lynnfield, Manchester, Marblehead, Merrimac, Middleton, Newbury, Newburyport, Peabody, Rockport, Rowley, Salem, Salisbury, Swampscott, Topsfield, Wenham, West Newbury

Gloucester $1,705,000

Immaculate Contemporary located in a desirable enclave of homes in the Lanesville. Enjoy panoramic water views and the twinkling of coastal lights. Includes neighborhood waterfront parcel with a private swimming quarry overlooking the rocky shoreline.

Karen Bernier 978-807-5580

Ipswich $1,100,000

Beautifully renovated and comfortable antique with lots of spac e. First floor offers a sizeable bedroom suite complete with full-bath, sitting room and office. Use it for yourself, in-laws or guests. Studio/apartment space over the garage.

Andrea Lacroix

508-561-1161

This home represents the final phase of new construction at Turner Hill. Situated on 320 acres and located minutes from the Village of Ipswich this community is the Premier Development on Boston's North Shore.

Impressive Contemporary, surrounded by beautiful conservation land, within steps to the path leading to private COFFINS BEACH. This expansive home has plenty of living area including a finished walk-out level with a 14 seat home theater and game room.

Ipswich - Turner Hill

Pristine six bedroom home with second house on property in a private estate setting. Perched on almost four acres of beautiful grounds. Designed for modern living, the attached garage, flexible office spaces.

Attention to detail and high-quality finishes await you at this exceptional custom home in the premier neighborhood of Carriage Lane. With 11 rooms, 6 bedrooms, 3.5 baths including an in-law suite with separate entry and picturesque views of Lake Quannapowitt. Holly Welch

Real Estate Market Review

Real Estate Market Review

Real Estate Market Review

This tool, similar to the Zillow Zestimate, uses available market data and sophisticated algorithms to estimate the value of your home. However, more accurately pricing, a property requires a thorough review by a skilled real estate professional. We will gladly provide you with a complimentary professional opinion of value and a customized marketing plan for your property.

Wenham $2,300,000

Immaculate, sunlit, elegant oasis! Open living for hosting, yet intimate spaces for home offices. Timeless updates. Slate fireplace library, chef kitchen, in-ground pool, mature gardens. You’ll feel like you’re on vacation every day!

Nature lovers rejoice!! This house has so much to offer including location. Water views and direct water access. Easy access to the train. Close to downtown. A park at the end of the street. This house has been lovingly renovated! Andrea Lacroix

Situated back from the street and offering views of the Great Marsh, this Dutch Colonial, circa 1935, is nestled in an exclusive enclave on a 3/4 acre parcel. With its "good bones," exceptional location, and timeless character, this property will ignite your imagination.

Gloucester $845,000

Ipswich $789,000

Showpiece renovated property including 1.64 park-like acres on the Newbury Upper Green with separate entertainment/office cottage. Dramatic architectural features abound including 21 ft ceilings, massive brick fireplaces, huge rounded windows and wood beams.

All roads lead home to the comfort of the familiar and the rewards of your endeavors.

This is where lifeʼs conversations begin and where you revitalize.

With its charm and eloquence your fine property welcomes and embraces you and all those whom you cherish.

At Churchill Luxury Properties our team is committed to providing extraordinary, personable service and achieving exceptional results for our clients. We have devised an extensive luxury marketing and sales program which provides broad exposure for your property on an international, national, regional, and local level. We utilize a variety of media channels and promotional activities including online, print, social media, property brochures, direct mail, and email marketing. Our geo-targeted approach tirelessly promotes your property to both the most relevant Buyers as well as the luxury real estate brokerage community.

Our goal is to achieve the optimal selling price possible for your property, within the desired time frame, and with the least disruption to your lifestyle.

We look forward to assisting you in the successful sale of your fine property.

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Rockport $1,325,000 New Construction! This beautiful colonial features an open floor plan, impeccable kitchen with 9-foot island and brand new stainless steel appliances. Two decks perfect for entertaining and a two-car garage leading to mudroom with custom built-ins.

12 Simple Improvements to Enhance Your Home’s Value

Within seconds of arriving at your property, Buyers are forming an opinion based on their first impressions. Preparing your home to create the most appealing presentation will help sell your home in less time and at the best possible price.

1. Remove excess furniture and create easy, flowing traffic patterns. Less is often better.

2. Improve lighting by installing recessed lighting or additional lamps. A well but softly lit room creates appeal.

3. Paint any areas/rooms in need and change very bold personal colors to more neutral colors.

4. Refinish worn floors with fresh polyurethane.

5. Unclutter by removing all excess personal belongings and empty over-filled closets.

6. Replace worn carpeting, rugs, lampshades, furniture.

7. Add accessories such as fresh flowers, pillows, throw blankets, mirrors, and sculptures.

8. Enhance the curb appeal by improving the exterior – repair, paint, landscape.

9. Thoroughly clean all rooms, especially the kitchen and bathrooms.

10. Wash the windows and open all shades for daylight showings.

11. Neutralize any strong odors from pets or other sources.

12. Clean out and organize the garage.

This fabulous property could not be any more convenient! Set in a beautiful private enclave of Townhomes, and located less than a mile from the center of town, shops, restaurants, train station, across the street from Patton Park

$13,750,000 Manchester Waterfront - Magnificent New Construction, 6 bedroom Classic Colonial with exquisite detail. Prominently perched with wrap around water views of Manchester Harbor and beyond.

Manchester-by-the-Sea

New Construction: 4 bedrooms, 2.5 baths, a two car attached garage and will be loaded with extras. 9-foot ceilings with a spacious open floor plan including a chef's kitchen. The lot abuts beautiful farmland and provides much privacy and opportunity for a pool.

Private home w/ lots of updates & tons of entertaining space, inside and out. Fabulous home at end of cul de sac with an inground heated pool, patio and double decks. New front stair upgrade with custom railings, updated hardscape, and fence around pool.

Formerly United Methodist Church located downtown now being offered for sale. An open structure with great light and an abundance of square footage. The main space is open with soaring cathedral ceilings and private rooms to the left and right.

Ipswich $999,000

Rockport $999,000

LOCAL EXPERTISE.

GLOBAL REACH.

As a member of the elite International brokerage network Leading Real Estate Companies of the World®, Churchill Properties attracts clients from more than 4,600 offices and 150,000 associates in 70 countries and more than 800 cities worldwide.

This LeadingRE distinction ensures that you can count on a quality real estate experience when working with us and will benefit from our global connections to buyers and high quality real estate professionals around the world.

Contact us today for an exceptional real estate experience wherever your real estate needs take you.

Our luxury properties are marketed on several luxury networks including Luxury Portfolio International. A luxury property requires a tailored and strategic approach to pricing, marketing, and negotiation. Churchill Propertiesʼ agents represent a level of expertise which gives you the confidence that comes with working with the very best.

Luxury Portfolio has more than 3 million high-net-worth visitors annually. The website is translated into 9 languages and 65+ currencies. The average household income of visitors is $1.1 million.

Let us connect you with high-net-worth Buyers in more than 800 cities and 65 countries.

Someone You Know Works at Churchill Properties

Robert Pelligrini 978-828-0670

Gail Tyrrell 781-760-0670

Chris Viegaard 508-284-2898

Ed Scialdoni 781-771-9729

Maria Tenyakova 413-230-8622

Andrea Osbon 508-228-3733

Rick Petralia 978-239-6207

Judith Muss’ells 978-618-8301

Debbie Nelson 978-417-9130

Bryan Shields 978-290-2497

Schuyler Titus 978-836-1728

Maritza Smith 860-287-6419

Melissa Skomurski 617-850-2353

Gina Leary 781-799-5642

Debra Lovelace 978-879-7356

Ross Magnant 617-592-4265

Brianna Malik 978-578-3014

Kelly Martinson 978-360-1618

Sharon Scobert 508-523-4328

Phyllis Waldie 978-395-1735

Gloucester Call for Price

TWO newly renovated townhouse condos. Fantastic location, near Stacy Boulevard and Stage Fort Park. Each with 3 bedrooms, 1.5 baths, off street parking, lots of private storage and yard area! Lovely original details with modern amenities.

Kathleen McHugh

978-314-9131

Ipswich

$295,000

Fantastic Condo and Fantastic Location! Newly painted interior! Wonderfully situated in a 20th century Victorian house, this home is filled with light and located on a tranquil downtown side street. Second floor unit with single level living.

Philio Cushing

978-884-9904

Better than new- only 2.5 years old! Beautiful Colonial with an ideal floor plan offering open concept living. An attached two car garage opens to an entryway with 3/4 bath. Down the hall awaits a fantastic kitchen that is open to the dining area and living room.

Scenic views of the Merrimack River in each direction from almost every room in this 3807sf, 3 unit multi. 3 separate utilities on .38acres directly across from the river. Easy access (and views) of downtown Haverhill and highways.

Cheryl Clayton

978-810-1416

Churchill Properties is a Premier Brokerage Partner With Zillow

Zillow is the highest traffic real estate search portal in the world, with more than 245 million daily users, and Churchill Properties has partnered with them as a Zillow Premier Brokerage Firm. This provides greatly enhanced Buyer visibility and dramatically more Buyer leads for the properties of our clients.

Churchill Properties has also earned a 'Best of Zillow' badge based on direct ratings from Buyers and Sellers. Best of Zillow Agents have been recognized for going above and beyond throughout the process.

Benefit from a larger group of qualified buyers from the world’s largest real estate search portal - list your home with Churchill Properties!

Churchill Properties has an extensive and unique program to ensure our associates' success. We offer exceptional training and personal coaching at no cost.

Our comprehensive program includes:

Hundreds of direct LEADS to our associates from Zillow and other

No High Franchise or Administrative Fees.

Name and Cell Phone on the signs and in all print advertising. An extensive marketing program promoting you and your properties. We invest hundreds of thousands of dollars annually in digital online, email, direct mail, magazines, newspapers, and more.

We provide professional imaging and floor plans for every listing.

We prepare beautiful brochures for every property listed.

Business tools including the kvCORE technology platform & Dotloop.

We are members of the Leading Real Estate Companies of the World. This elite network includes more than 150,000 agents in 4,600 offices in more than 70 countries and 800 cities.

We have powerful Luxury Networks including Luxury Portfolio International.

Call for Price

Plum Island, steps to the beach! Bright and spacious 4-bedroom home with a gorgeous screened-in porch. Great yard with an outdoor shower. Beautiful Brazilian Cherry floors in the kitchen & mudroom. This house is meant to be lived in and enjoyed.

508-561-1161

Gloucester

$385,000

1st floor condo located closely to Gloucester's famed Good Harbor beach, Bass Rocks golf club, and all that downtown Gloucester has to offer. Recently updated, eat-in kitchen, adorned with hardwood floors and a living room fill with natural light.

Schuyler Titus

978-836-1728

833-668-4649

Newbury

Andrea Lacroix

Boston, MA Call for Price

COMING SOON! Gorgeous 2 bedroom, 2 bath, South End duplex with a tranquil private patio. This beautiful home is on a coveted, dead-end streetand only steps to the Back Bay T, Amtrak and all the fi nest restaurants and shopping Boston has to offer.

Theresa DiPiro

617-275-6624

Salem

$879,900

New Construction: 2 properties left, Approx. 3,500 sq ft. 5 bedrooms 3 bath central air. Center entrance colonial open concept with great room over 2 car garage. The basement level will have high ceilings. Potential for AADU with owner occupancy and City approval.

Edward Scialdoni: 781-771-9729

David DiLisio: 978-210-7361

RARE OPPORTUNITY. PRIME LOCATION overlooking Historic Lynn Commons. Presently Law offices and 3rd floor 2 bedroom apartment. So much potential for this magnificent building. Beautiful period detail throughout with three working fireplaces.

Stratham, NH

JUST LISTED! Beautiful, sun-splashed 3 bed, 2 bath home in the tranquil and sought after Aberdeen West Coop. This newly updated home boasts a large sunroom, a chef’s kitchen, an open concept living/dining area, and a generous yard.

Theresa DiPiro

617-275-6624

$269,000

Lynn $994,500

A sidewalk-lined street in downtown stands this beautiful symmetrically designed four-family property with spacious sunlit rooms and accommodating floor plans. The building houses 18 total rooms and is 1/1/2/2 bedroom arrangement.

Two newly renovated condos with modern amenities near Lynch Park and Woodbury beach in Beverly Cove. First floor is a 2 bedroom, 2 bath unit and on the 2nd and 3rd floors is a 4 bedroom with 2.5 bath spacious unit. Decks, parking, & landscaped yard.

Beverly Call for Price