The number of North Shore homes sales in the 3rd quarter of 2024 was down 2% as compared to the 3rd quarter of 2023. Market time was down 1% and median prices saw a large 12% increase. Overall, it was another strong quarter for North Shore home sellers. While the number of sales was down slightly, that was due to the very small inventory. Average market time was 37 days which is well below a Continue Reading

Last year at this time my market report showed record breaking statistics for North Shore single family home sales as the market in 2023 was exceptionally strong. This year the market has again been exceptionally strong in the first half of the year. In fact, the average market time dropped to just 42 days. Median prices went up 11% this year after significant rises in 2 of the last 3 years. Continue Reading

The number of home sales in the North Shore in the 1st quarter of 2024 decreased by 8% as compared to the 1st quarter of 2023. The median sale price was up 12%, and the average market time decreased 21%. As was the case in 2022 and 2023, it has again been a strong Sellers’ market in 2024. Here are the statistics:     Number of Homes Sales     Average Market Continue Reading

The North Shore real estate market in 2023 was similar to the unprecedented market we experienced in 2022 in a number of ways. Like 2022, inventory was low all year, market times were at record lows, and multiple offers were common, especially in the spring market. On the other hand, as compared to 2022, the number of detached single-family home sales went down by 22% which is a sharp drop. The Continue Reading

Last year at this time my market report showed record breaking statistics for North Shore single family home sales as the market in 2022 was exceptionally strong. This year the market has again been exceptionally strong in the first half of the year. In fact, the average market time dropped to just 49 days. Median prices went up 2% this year after large rises the last 2 years. However, the number Continue Reading

The number of North Shore homes sales in the 3rd quarter of 2022 was down 33% as compared to the 3rd quarter of 2021. Market time was down 27% and median prices were up 10%. Overall, it was an exceptional quarter for North Shore home sellers. While the number of sales was down 33%, that was due to the small inventory. Last year’s record low market time went even lower, and prices went Continue Reading