The number of home sales in the North Shore decreased by 7% in the first quarter of 2022.  The median sale price was up 9% and the average market time decreased by 31%. The strong seller’s market that we saw in 2021 has continued into 2022. Here are the statistics:     Number of Homes Sales     Average Market Continue Reading

The number of North Shore homes sales in the 3rd quarter of 2021 was down 3% as compared to the 3rd quarter of 2020. Market time was down an amazing 62% and median prices were up 9%. Overall, it was an exceptional quarter for North Shore home sales. While the number of sales was down 3%, it was still a great number. It just so happens that the 3rd quarter of 2020 had a huge number of sales since Continue Reading

North Shore single family home sales went up 48% in the first half of 2021. Market times decreased by 43%, and median prices increased by 21%. We have been doing these reports for over 25 years and we have never seen stats like these. It was an amazing first half of the year. Now it is true that the first half of 2020 was a slower market due to the beginning of the covid pandemic. Nevertheless, Continue Reading

The number of home sales in the North Shore increased by 18% in the first quarter of 2020.  The median sale price was up 15% and the average market time decreased by 34%. Yes, it was a very strong first quarter. Here are the statistics:       Number of Homes Sales     Average Market Continue Reading

The North Shore real estate market in 2020 started slow due to the pandemic, but then rebounded and had a very strong year. As compared to 2019, the number of detached single-family home sales went up by 25%, median prices went up 8%, and market times stayed the same. This broke the pattern of sideways movement that we had seen since 2015. These strong numbers were not the case across all of Continue Reading

Given the record-breaking number of homes that went under contract in the North Shore this summer, I strongly suspected we would also have a record-breaking number of closed sales in the 3rd quarter, and in fact we did. The number of North Shore home sales in the 3rd quarter of 2020 was up an amazing 45% from the 3rd quarter of 2019. Market time was up 24%, and median prices were up 8%. North Continue Reading

After a strong first quarter, the North Shore real estate market went down sharply in the 2nd quarter and ended up with an 8% drop in sales for the first half of 2020. Median prices were unchanged, and market time was up 16% as compared to the first half of 2019.  Home sales in March and April were down dramatically due to covid-19 and led to the weak 1st half numbers. However, Continue Reading

Our market report reflects closed sales for the 1st quarter of 2020. These sales were not significantly impacted by covid-19 and the quarantine as the vast majority of these these properties were under contract prior to March and closings have generally been going through as scheduled. We saw a slow down in sales activity in March, which will be reflected in closings for the 2nd quarter of 2020. Continue Reading