Essex County Q3 Housing Report 10/9/2020 - Covid 19

Quarter Over Quarter, Q3 2020 vs Q2 2020

• Median Sales Prices Up Strongly for all categories: Single Families +8.7%;  Condos +5.9%;  Multi-Families +11.9%
• Unit Sales Surged for all categories:  Single Families +57.3, Condos +69% and Multi-Families +41.9%.
• Number of Active Listings Continue to Drop: Single Families -12.9%; Condos -7.0%; Multi-Families  -18.5%

Year Over Year, Q3 2020 vs Q3 2019

• Median Sales Prices Up Double Digit:  Single Families +14.3%; Condos +12.5%;  Multi-Families +14.1% 
• Unit Sales were Mixed: Single Families -2.4%; Condos +10.1%; and Multi-Families -23.4%
• Number of Active Listings Plunged: Single Families -44.7%; Condos -34.3%; Multi-Families -45.1%

 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

Essex County October Housing Report 10-9-2020 - Covid 19

Month Over Month, September 2020 vs August 2020

1. Median Sales Prices Down for Singles but Up Double Digit for Condos and Multis: Single Families -2%;  Condos +12.4%;  Multi-Families +12.5%

2. Unit Sales Down -4.3% for Single Families, Up 1.0% for Condos and Up 23.4% for Multi-Families.

3. Number of Active Listings Continue to Drop: Single Families -12.8%; Condos -5.6%; Multi-Families  -2.5%

Year Over Year, August 2020 vs August 2019

1. Median Sales Prices Up Double Digit:  Single Families +19.9%; Condos +15.4%;  Multi-Families +18% 

2. Unit Sales were up stongly for: Single Families +17.9%; Condos +19.6%; and down sharply for Multi-Families -17.7%

3. Number of Active Listings Plunged: Single Families -49.9%; Condos -36.1%; Multi-Families -46.1%