Market Update
Essex County
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$705k
1% more than in
Q2 2025
Q2 2025
Avg. Days On Market
23
21% more than in
Q2 2025
Q2 2025
Closed Sales
1,674
3% fewer than in
Q2 2025
Q2 2025
Inventory
1,027
21% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $585k | $695k | 2123 |
| Q2 '23 | $605k | $704k | 1441 |
| Q2 '24 | $640k | $752k | 1668 |
| Q2 '25 | $695k | $810k | 1731 |
| Q2 '26 | $705k | $829k | 1674 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 20.1% |
|---|---|
| Q2 '26 | 337 |
| Q2 '25 | 360 |
| 1YR CHANGE | -6% |
| Closed $500k - $1m | 56.2% |
| Q2 '26 | 941 |
| Q2 '25 | 1013 |
| 1YR CHANGE | -7% |
| Closed $1m - $2m | 20.8% |
| Q2 '26 | 348 |
| Q2 '25 | 304 |
| 1YR CHANGE | +14% |
| Closed Over $2m | 2.9% |
| Q2 '26 | 48 |
| Q2 '25 | 54 |
| 1YR CHANGE | -11% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 15 | $585k |
| Q2 '23 | 18 | $605k |
| Q2 '24 | 17 | $640k |
| Q2 '25 | 19 | $695k |
| Q2 '26 | 23 | $705k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
21%
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.
24%
Closed Sales
-3%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
21%
Beverly
Median
$779k
DOM
22
Sales
77
Inv
46
Danvers
Median
$655k
DOM
23
Sales
51
Inv
18
Essex
Median
$930k
DOM
14
Sales
5
Inv
6
Hamilton
Median
$850k
DOM
25
Sales
19
Inv
10
Ipswich
Median
$869k
DOM
15
Sales
36
Inv
23
Lynn
Median
$549k
DOM
33
Sales
134
Inv
100
Lynnfield
Median
$1.12m
DOM
14
Sales
36
Inv
21
Manchester-by-the-Sea
Median
$754k
DOM
13
Sales
6
Inv
10
Middleton
Median
$952k
DOM
34
Sales
25
Inv
21
Nahant
Median
$1.02m
DOM
122
Sales
5
Inv
17
Newburyport
Median
$905k
DOM
21
Sales
67
Inv
58
Peabody
Median
$655k
DOM
19
Sales
85
Inv
31
Reading
Median
$743k
DOM
24
Sales
53
Inv
32
Revere
Median
$585k
DOM
30
Sales
70
Inv
59
Rockport
Median
$900k
DOM
30
Sales
21
Inv
29
Topsfield
Median
$875k
DOM
13
Sales
10
Inv
3
Wenham
Median
$1.72m
DOM
61
Sales
11
Inv
9
Winthrop
Median
$535k
DOM
41
Sales
43
Inv
56