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Salem

Why you'd want to live in Salem

Salem is a city on the north coast of Massachusetts above Boston. It's famous for its 1692 witch trials, during which several locals were executed for allegedly practicing witchcraft. Landmarks from this episode include the Witch House, the former home of a trial judge. The Peabody Essex Museum has a massive collection of global art and artifacts, including a rebuilt Qing-era Chinese house. via google

Salem Market Report

$564,942

AVERAGE PRICE OF 42 HOMES

$1,049,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$591,384

AVERAGE PRICE OF 13 HOMES WITH A POOL

$637,800

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $564,942
Avg Bedrooms 2.88 beds
Avg Bathrooms 1.62 baths

Average Price by Bedrooms

1 bedroom $599,900
2 bedrooms $446,950
3 bedrooms $634,250
4 bedrooms $611,127
Salem Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 61 n/a n/a n/a 31
Average Price $567,047 n/a n/a n/a $543,767
Avg Price Change n/a n/a n/a n/a +8.58%
Median Price $539,900 n/a n/a n/a $519,365
Med Price Change n/a n/a n/a n/a +8.33%
Avg Bedrooms 2.77 beds n/a n/a n/a 2.52 beds
Avg Bathrooms 1.63 baths n/a n/a n/a 1.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Choice 1 $699,000 42 days
Salem 4 $473,675 9 days
Salem High 6 $640,683 24 days
Salem Hs 1 $525,000 43 days
Salem Prep High 1 $539,900 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 42 $564,942 38 days
Multi-Million Dollar Homes 1 $1,049,000 62 days
Homes with a Pool 13 $591,384 40 days
Reduced Price Homes 3 $637,800 43 days
Sagan Harborside Sotheby's International Realty
Michael Cannuscio
One Essex St
Marblehead, MA 01945
781-838-0068

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