Market Report

Marblehead, MA 01945

Single-Family Homes

Chartwell Escrow



Marblehead, MA 01945

Sat Jul 20 2024
This week the median list price for Marblehead, MA 01945 is $1,799,000 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has increased to 25. Click here to stay informed with the Marblehead market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Marblehead, MA 01945

Sat Jul 20 2024
This week the median list price for Marblehead, MA 01945 is $1,799,000 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has increased to 25. Click here to stay informed with the Marblehead market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Marblehead market.
Median List Price $1,799,000
Median Price of New Listings $1,970,000
Per Square Foot $593
Average Days on Market 81
Median Days on Market 28
Price Decreased 28%
Price Increased 0%
Relisted 0%
Inventory 25
Median Rent
Market Action 66
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,562,500 5,755 0.5 - 1 acre 4 4.5 48 0 1 35
$1,935,000 2,759 0.25 - 0.5 acre 4 3 34 2 0 24
$1,635,000 2,913 8,000 - 10,000 sqft 4 3.5 96 0 2 42
$995,000 2,148 6,500 - 8,000 sqft 4 2.5 74 1 5 21