Keeping Current Matters 2021 Housing Forecast for USA. KCM

Essex County December Housing Report 12/15/2020 - Covid 19

 Month Over Month, November 2020 vs October 2020

• Median Sales Prices Down for Singles But Up For Condos and Multis: Single Families -0.4%;  Condos +5.8%;  Multi-Families +6.4%
• Unit Sales Down, caused by Declining Inventory: Single Families -1.7%, Condos -10.9%.  Multi-Families -14.8%.
• Active Listings (Inventory) Continue to Drop: Single Families -23.1%; Condos -22.7%; Multi-Families  -13.1%

 Year Over Year, November 2020 vs November 2019

• Median Sales Prices Up Strongly:  Single Families +15.2%; Condos +12.3%;  Multi-Families +22.1% 
• Unit Sales were up for Single Families +24.4% and Condos +17.9% but down for Multi-Families -12.7% (lack of inventory) 
• Number of Active Listings Plunged: Single Families -51.0%; Condos -39.6%; Multi-Families -37.0%
  
  To view data for every Essex County town, go to:  http://www.sullivanteam.com/Properties/Reports/Public/Charts.php
  
  To dowload the full Housing Report go to: http://sullivanteam.com/pages/EssexCountyHousingReports