Market Report Marblehead, Massachusetts
Condominium Homes Y e a r E n d 2 0 15
Marblehead Statistics Condominiums Average Sale Price - No. of Bedrooms - 2015 Range 1 Bed $120,000 - $574,000 2 Bed $175,000 - $840,000 3-4 Bed $337,000 - $1,300,000
Number of Listing Sold 13 28 11
Days on the Market 74 68 132
Average Sale Price $ 239,069 $ 383,434 $ 603,136
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change 9.403% -14.809% -4.620% 0.922% -0.729% -0.429% 13.895% 20.850% -8.125%
Number of Listing Sold 46 49 53 35 43 34 42 46 43 52
Days on the Market 141 130 168 144 165 177 176 88 103 83
Average Sale Price $ 351,176 $ 384,196 $ 327,300 $ 312,180 $ 315,058 $ 312,762 $ 311,420 $ 354,693 $ 428,647 $ 393,818 $428,647 $393,818
$384,196 $351,176
2006
$327,300 $312,180 $315,058 $312,762 $311,420
2007
2008
2009
2010
2011
2012
$354,693
2013
2014
2015
Source: MLSPIN, as of 01/22/2016
Cover Image: Peake, Jim . (September 3, 2015). Foggy Weather Sunrise Marblehead MA [photo]. Retrieved from https://goo.gl/hqL1pM.
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 $1,000,000 - $1,499,999
Total Properties
Avg. # of Days Average Average on Listings Market Sale Price List Price 3 141 $134,583 $146,600 4 37 $170,225 $173,300 10 71 $229,125 $230,460 4 101 $268,750 $274,325 10 63 $320,300 $327,080 1 141 $385,000 $399,000 1 52 $415,000 $419,000 2 34 $466,075 $484,450 8 102 $537,625 $550,488 5 154 $638,500 $654,380 2 35 $729,500 $744,000 1 52 $840,000 $899,000 0 0 $0 $0 1 45 $1,300,000 $1,395,000
52
83
$393,818
$404,815
SP:LP
Average
SP:OP
Ratio 92 98 100 98 98 96 99 96 98 98 98 93 0 93
Orig Price $149,933 $173,300 $235,560 $286,825 $328,780 $419,000 $419,000 $484,450 $587,238 $672,780 $744,000 $915,000 $0 $1,395,000
Ratio 90 98 97 94 98 92 99 96 92 95 98 92 0 93
98
$415,392
96
Source: MLSPIN, as of 01/22/2016
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