Berkshire CountyFranklin CountyHampshire CountyMiddlesex CountyEssex CountyWorcester County

Market Update

Essex County

Q1 2025

Residential Property Snapshot

Single Family Homes & Condos | Q1 2025
Med. Sales Price
$635k
7% more than in
Q1 2024
Closed Sales
995
4% more than in
Q1 2024
Inventory
563
13% more than in
Q1 2024

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 2025
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q1 2025

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'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
13%
New Listings
New Listings represents the number of properties listed during the quarter.
8%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-10%
Closed Sales
4%
Median Sales Price
7%

11 Communities

Communities

Essex

Median
$823k
Sales
1
Inv
2

Hamilton

Median
$1.01m
Sales
12
Inv
6

Haverhill

Median
$475k
Sales
105
Inv
45

Ipswich

Median
$850k
Sales
19
Inv
14

Merrimac

Median
$458k
Sales
8
Inv
4

Methuen

Median
$570k
Sales
60
Inv
26

Newburyport

Median
$850k
Sales
50
Inv
32

Rockport

Median
$814k
Sales
6
Inv
7

Salisbury

Median
$620k
Sales
11
Inv
12

Topsfield

Median
$1.12m
Sales
12
Inv
3

Wenham

Median
$1.07m
Sales
4
Inv
4

Data provided by Berkshire County Board of Realtors MLS, and MLS PIN. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Mar 31, 2025 end of day. This report was last updated Apr 4, 2025.

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