Market Report Marblehead, Massachusetts
Condominium Homes Y e a r E n d 2 0 14
Marblehead Statistics Condominiums Average Sale Price - No. of Bedrooms - 2014
1 Bed 2 Bed 3+ Bed
Range $141,000 - $275,000 $230,000 - $815,000 $265,000 - $982,500
Number of Listing Sold 6 26 11
Days on the Market 140 76 144
Average Sale Price $ 215,000 $ 445,146 $ 506,182
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change 13.252% 9.403% -14.809% -4.620% 0.922% -0.729% -0.429% 13.895% 20.850%
Number of Listing Sold 65 46 49 53 35 43 34 42 46 43
Days on the Market 90 141 130 168 144 165 177 176 88 103
$ $ $ $ $ $ $ $ $ $
Average Sale Price 310,084 351,176 384,196 327,300 312,180 315,058 312,762 311,420 354,693 428,647 $428,647
$384,196 $351,176
$327,300 $312,180 $315,058 $312,762 $311,420
$310,084
2005
2006
2007
2008
Source: MLSPIN, as of 01/15/2015
2009
2010
2011
2012
$354,693
2013
2014
Market statistics
Total Sold - Marblehead, MA Condominiums, 1/1/2015 - 12/31/2015
Price Range $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999
Total Properties
Avg. # of Days on Listings Market 1 461 1 21 5 78 11 119 5 77 2 35 2 119 1 40 3 124 6 98 4 101 1 28 1 114
43
103
Average
Average
SP:LP
Average
SP:OP
Sale Price $141,000 $160,000 $230,800 $274,091 $318,900 $377,900 $405,000 $460,000 $554,333 $654,167 $739,000 $815,000 $982,500
List Price $144,900 $179,000 $242,200 $287,118 $332,280 $384,450 $429,900 $479,000 $573,000 $689,667 $753,725 $839,000 $1,069,000
Ratio 97 89 95 96 96 98 94 96 97 95 98 97 92
Orig Price $159,900 $189,000 $251,600 $307,318 $342,380 $384,450 $432,400 $479,000 $577,667 $701,333 $766,225 $839,000 $1,069,000
Ratio 88 85 92 90 94 98 94 96 96 93 96 97 92
$428,647
$447,493
96
$458,742
93
Source: MLSPIN, as of 01/15/2015
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