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

Salem Market Report

$427,166

AVERAGE PRICE OF 71 HOMES

$551,824

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$357,542

AVERAGE PRICE OF 7 HOMES WITH A POOL

$389,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $427,166
Avg Bedrooms 2.9 beds
Avg Bathrooms 1.73 baths

Average Price by Bedrooms

1 bedroom $348,700
2 bedrooms $359,748
3 bedrooms $461,962
4 bedrooms $490,191
5 bedrooms $491,466
Salem Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 56 49 49 70 82
Average Price $383,520 $407,527 $416,343 $416,501 $416,627
Avg Price Change -6.26% -2.16% -0.04% -0.03% -2.58%
Median Price $363,074 $370,511 $374,893 $396,019 $382,781
Med Price Change -2.05% -1.18% -5.64% +3.46% -4.05%
Avg Bedrooms 2.59 beds 2.78 beds 2.74 beds 2.78 beds 2.82 beds
Avg Bathrooms 1.6 baths 1.68 baths 1.64 baths 1.61 baths 1.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Choice 2 $489,000 19 days
Salem 3 $361,566 66 days
Salem H.S. 1 $185,000 58 days
Salem High 6 $400,300 8 days
Shs 2 $467,450 15 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 71 $427,166 23 days
Newly Built Homes 8 $551,824 33 days
Homes with a Pool 7 $357,542 43 days
Reduced Price Homes 2 $389,450 21 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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