If you need assistance, please call 978-291-8003

Salem Market Report

$407,692

AVERAGE PRICE OF 53 HOMES

$519,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$481,779

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$326,546

AVERAGE PRICE OF 13 HOMES WITH A POOL

$349,900

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $407,692
Avg Bedrooms 2.75 beds
Avg Bathrooms 1.66 baths

Average Price by Bedrooms

1 bedroom $284,450
2 bedrooms $333,709
3 bedrooms $470,257
4 bedrooms $441,266
5 bedrooms $502,633
Salem Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 49 70 82 64 68
Average Price $416,343 $416,501 $416,627 $427,367 $420,511
Avg Price Change -0.04% -0.03% -2.58% +1.63% -0.53%
Median Price $374,893 $396,019 $382,781 $398,272 $401,039
Med Price Change -5.64% +3.46% -4.05% -0.69% +2.49%
Avg Bedrooms 2.74 beds 2.78 beds 2.82 beds 2.89 beds 2.86 beds
Avg Bathrooms 1.64 baths 1.61 baths 1.57 baths 1.61 baths 1.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Salem 3 $309,900 55 days
Salem High 8 $357,312 36 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 53 $407,692 45 days
Distressed Homes 1 $519,000 177 days
Newly Built Homes 5 $481,779 50 days
Homes with a Pool 13 $326,546 43 days
Reduced Price Homes 2 $349,900 44 days
The Quail Group at Keller Williams Realty
Mike Quail
500 Cummings Center, Suite 1550
Beverly, MA 01915
978-291-8003

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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