State of market report 2016

STATE OF THE MARKET REPORT

HAMILTON & WENHAM 2016 Real Estate Review

7 1 0 2 y Januar Compliments of:

Jay Burnham & Linda Morey Coldwell Banker Premier Associate Team Residential & Commercial Brokerage

www.NorthShoreRealEstate.com

GREETINGS‌ We would like to begin by thanking all our clients, friends, colleagues and family for helping to make 2016 another extraordinary year in real estate for us. We helped buyers purchase their first homes, assisted a dear friend sell the family homestead, sold residences and commercial properties throughout the North Shore and even sold two homes in the Mt. Washington Valley in New Hampshire!

This publication marks our THIRD annual State of the Market Report for Hamilton and Wenham and includes a snapshot of the market in our two towns over the past 10 years along with the property addresses of every single family home sale that took place in 2016 as reported by the Multiple Listing Service Property Information Network (MLSPIN).

Last year we moved from printed reports and mailing to every single household in Hamilton and Wenham to an online digital format. Our intent was to make it available to anyone who wants a copy by simply providing us with your email address so that we can add you to our database for yearly distribution of the report.

At Coldwell Banker we strive to assist our clients to make informed real estate decisions by providing them with the most accurate data and market statistics combined with truly remarkable service and support. Whether you are buying or selling or simply looking for expert real estate advice, we urge you to contact us. We promise you the highest level of personal and professional service, powered by Coldwell Banker.

Very truly yours, Jay & Linda Coldwell Banker Residential Brokerage Hamilton residents for 22 years Direct Access: 978.233.2828 www.NorthShoreRealEstate.com

If your property is currently listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers.

We are happy to work with them and cooperate fully. Owned and operated by NRT Incorporated.

NUMBER OF SINGLE FAMILY SALES IN PRICE RANGE PRICE RANGE, HAMILTON $0 - $49,999 $50,000 - $99,999 $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 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $10,000,000

# SALES IN 2016 0 0 0 0 0 3 4 10 14 10 17 13 5 3 2 8 3 0 1 0 1 0

PRICE RANGE, WENHAM $0 - $49,999 $50,000 - $99,999 $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 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $10,000,000

# SALES IN 2016 0 1 1 0 0 2 2 3 4 5 16 8 2 1 3 6 0 0 0 0 0 0

94

54

TOTAL:

TOTAL:

SINGLE FAMILY SALES STATISTICS YEAR OVER YEAR FOR 2015/2016 TOWN OF HAMILTON Number of Sales Median Sale Price Average Days on Market Sale to List Price Ratio

TOWN OF WENHAM

2015

2016

% Change

56

54

-4%

2015

2016

%Change

86

94

+9%

Number of Sales

+11%

Median Sale Price Average Days on Market

133

121

-9%

Sale to List Price Ratio

98%

93%

-5%

$493,500 $549,500 99

155

+57%

97%

96%

-1%

$517,500 $563,000

+9%

HAMILTON & WENHAM SINGLE FAMILY SALES IN 2016 ADDRESS 186 Echo Cove Road 320 Highland Street 278 Asbury Street 399 Asbury Street 103 Homestead Circle 16 Mill Street 111 Highland Street 26 Chestnut Street 18 Western Avenue 56 Lincoln Avenue 30 Naples Road 5 Highland Street 21 Chestnut Street 229 Highland Street 17 Elliott Street 16 Crescent Road 30 Crescent Road 51 Mill Street 58 Forest Street 16 Beech Street 276 Highland Street 17 Margaret Road 3 Sharon road 93 Perkins Avenue 122 Linden Street 324 Highland Street 86 Village Lane 28 Maple Street 22 Naples Road 81 Old Cart Road 9 Gregory Island Road 119 Highland Street 47 Hamilton Avenue 31 Chestnut Street 34 Allan Road 51 Cummings Avenue 14 Garfield 11 Ortins Road 5 Paddock Lane 158 Railroad 44 Porter Lane 47 Postgate Road

TOWN Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA

SALE PRICE $270,000 $281,253 $294,500 $305,000 $310,000 $331,000 $340,000 $350,000 $357,000 $369,000 $372,000 $373,400 $374,500 $375,000 $379,000 $380,000 $382,000 $400,000 $400,500 $404,000 $410,000 $419,900 $421,000 $424,900 $425,000 $425,000 $425,500 $436,000 $439,000 $440,000 $440,000 $450,000 $460,000 $465,000 $465,000 $467,000 $469,000 $480,000 $485,000 $487,000 $489,000 $505,000

HAMILTON & WENHAM SINGLE FAMILY SALES IN 2016 ADDRESS 300 Moulton Street 10 Gregory Island Road 5 Patridgeberry Lane 35 Postgate Road 27 Margaret Road 14 Knowlton Street 12 Ricker Circle 18 Postgate Road 110 Railroad Avenue 15 Juniper Road 10 Partridgeberry Lane 28 Meyer Road 3 Northedge Road 96 Blueberry Lane 1091 Bay Road 50 Cunnigham Drive 49 Margaret Road 7 Madonna Drive 601 Essex Street 75 Old Cart Road 45 Walnut Road 27 Elm Street 56 Ortins Road 68 Rock Maple Avenue 18 Gardner Road 700 Bay Road 103 Homestead Circle 15 Boardman Lane 101 Sagamore Street 60 Echo Cove Road 27 Boardman Lane 479 Bay Road 14 Park Street 17 Black Brook Road 824 Bay Road 639 Essex Street 5 Smithwood Terrace 311 Sagamore Street 1 Patton Drive 74 Autumn Lane 12 Prides Park 80 Bridge Street

TOWN Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA

SALE PRICE $524,000 $529,000 $535,000 $539,668 $549,000 $550,000 $550,000 $555,000 $495,000 $563,000 $565,000 $570,000 $570,000 $575,000 $585,000 $590,000 $599,000 $600,000 $616,335 $630,000 $635,000 $640,000 $649,000 $650,000 $650,000 $660,000 $675,000 $680,000 $694,500 $699,900 $740,000 $740,000 $750,000 $765,000 $775,000 $825,000 $879,000 $880,000 $925,000 $955,000 $1,100,000 $1,148,000

HAMILTON & WENHAM SINGLE FAMILY SALES IN 2016 ADDRESS 24 Rock Maple Avenue 33 Essex Street 19 Farrington Lane 1 Villa Road 174 Woodland Mead 494 Essex Street 34 Autumn Lane 6 Farrington Lane 489 Bay Road 35 Miles River Road 149 Miles River Road ADDRESS 3 South Street 21 Longfellow Road 109 Pleasant Street 3 South Street 13 Meridian road 35 Cherry Street 4 Meridian Road 132 Topsfiel Road 2 Meridian Raod 49 Porter Street 177 Cherry Street 9 Walnut Road 104 Maple Street 8 Friend Court 3 Bruce Lane 10 Conrad Circle 101 Topsfield Road 145 Main Street 17 Howard Street 61 Main Street 1 Burnham Road 7 Birch Road 15 Fiske Road 84 Cedar Street 3 Conrad Circle 20 Puritan Road 5 Burley Street 24 Monument Street 4 Fairview Avenue 28 Juniper Street

TOWN Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA Hamilton, MA TOWN Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA

SALE PRICE $1,175,000 $1,190,000 $1,265,000 $1,320,000 $1,325,000 $1,353,000 $1,500,000 $1,550,000 $1,750,000 $2,585,000 $4,550,000 SALE PRICE $90,000 $100,000 $255,000 $290,000 $310,000 $310,000 $359,900 $372,000 $375,000 $390,084 $400,000 $409,000 $429,000 $435,000 $459,000 $460,000 $467,000 $474,900 $485,000 $500,000 $508,000 $527,000 $531,000 $536,000 $540,000 $550,000 $550,000 $560,000 $566,000 $570,000

HAMILTON & WENHAM SINGLE FAMILY SALES IN 2016

ADDRESS 4 Daniels Road 13 Topsfield Road 55 Larch Row 86 Cedar Street 62 Main Street 14 Daniels Road 6 Cedar Street 2 Hickory Lane 28 Burnham road 22 Juniper Street 195 Main Street 6 Dexter Lane 32 Perkins Street 24 Eddel Avenue 137 Larch Row 19 Juniper Street 7-11 Dodges Row 10 Onion River Road 48 William Fairfield Drive 29 William Fairfield Drive 166 Larch Row 37 Grapevine Road 5 Laurel Drive 97 Cedar Street 40 Topsfield Road

TOWN Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA Wenham, MA

SALE PRICE $570,000 $579,000 $580,000 $590,000 $594,000 $605,000 $617,000 $625,000 $628,000 $640,000 $649,000 $680,000 $685,000 $725,000 $762,000 $853,500 $900,000 $985,000 $992,200 $1,020,000 $1,030,000 $1,045,000 $1,147,900 $1,225,000 $1,435,000

HAMILTON & WENHAM 10 YEAR MEDIAN HOME SALE PRICE COMPARISON

HAMILTON & WENHAM 10 YEAR STATISTICS

HAMILTON SINGLE FAMILY # of Sales Median Sale Price Average Days on Market Lowest Price Highest Price Total $ Volume

WENHAM SINGLE FAMILY # of Sales Median Sale Price Average Days on Market Lowest Price Highest Price Total $ Volume

2007 69 $419,000 145 $155,000 $4,650,000 $50,528,165

2007 46 $551,050 199 $225,000 $3,822,000 $33,780,587

2008 51 $471,000 152 $130,000 $2,250,000 $27,922,170

2008 26 $441,000 144 $120,000 $900,660 $12,832,805

2009 66 $385,500 169 $29,000 $1,600,000 $30,345,500

2009 20 $562,500 204 $215,000 $1,700,000 $12,593,500

2010 74 $428,000 158 $117,000 $2,050,000 $41,378,700

2010 32 $479,450 202 $262,500 $2,275,000 $18,728,100

HAMILTON & WENHAM 10 YEAR STATISTICS

2011 72 $384,500 167 $19,500 $1,475,000 $33,041,450

2012 88 $381,000 150 $186,500 $2,950,000 $42,839,350

2013 94 $475,250 123 $154,000 $4,125,000 $52,725,550

2014 81 $473,000 125 $90,000 $1,740,000 $45,231,450

2015 86 $493,500 99 $210,000 $1,425,000 $48,953,563

2016 94 $549,500 115 $270,000 $4,550,000 $64,450,756

2011 32 $422,500 142 $235,000 $1,950,000 $17,370,245

2012 49 $529,000 196 $130,000 $1,160,000 $16,878,289

2013 68 $469,500 91 $74,000 $1,752,000 $36,735,295

2014 38 $585,000 117 $295,000 $2,150,000 $25,319,799

2015 56 $517,500 133 $321,500 $2,420,000 $35,493,875

2016 54 $563,000 121 $90,000 $1,435,000 $32,606,900

No Words Mean More Than Those From Satisfied Clients

More Than 550 Families Served Over $300 Million in Sales

Jay Burnham & Linda Morey Our real estate goal is simple…

To help you reach yours.

Jay’s Mobile: 978.578.5590 / Linda’s Mobile: 978.578.5733 Personal Service…Powered by Coldwell Banker