Year over Year, Nov 21 vs Nov 20,  Prices Rose 13%+ and Housing Inventory Plunged Over 36%. 

Month over Month, Nov 21 vs Oct 21, Condos were hot, Housing Inventory fell over 26%

30 Year Mortgage Rates are 3.2%. 

Month Over Month, Nov 21 vs Oct 21, 

• Median Sold Prices Softened for Singles and Multis, Condos Hot.
  Single Families +1.7%;  Condos +10.7%;  Multi-Families -0.6%
• Unit Sales Down for Singles and Multis and surged for Condos :
  Single Families -7.5%, Condos +32%, Multi-Families -5.9%.
• Active Listings (Inventory) Still Falling, Housing Down Over 26%
  Single Families -26.9%, Condos -26%, Multi-Families  -24.5% 

Year Over Year, Nov 2021 vs Nov 2020, Prices Up, Inventory Down

• Median Sales Price Up 13%: 
  Single Families +13.4%; Condos +13.7%;  Multi-Families +13.1% 
• Unit Sales Surge for Multi-Families
  Single Families -16.2% , Condos +5.9%, Multi-Families +31.9%.
• Active Listings (Inventory) Continue to Plunge:
  Single Families -36.4%; Condos -38.6%; Multi-Families -29.8% 

To Download the full housing report go to:  http://sullivanteam.com/pages/EssexCountyHousingReports