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Salem Market Report

$698,808

AVERAGE PRICE OF 9 HOMES

$1,499,950

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$664,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$1,024,950

AVERAGE PRICE OF 2 HOMES WITH A POOL

Average Home

Average Price $698,808
Avg Bedrooms 3.33 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

2 bedrooms $287,386
3 bedrooms $516,175
4 bedrooms $1,599,900
5 bedrooms $1,024,950
Salem Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 10 n/a 13 14 11
Average Price $832,269 n/a $728,833 $649,761 $718,042
Avg Price Change n/a n/a +12.17% -10.51% +15.08%
Median Price $677,879 n/a $542,245 $547,185 $619,815
Med Price Change n/a n/a -0.91% -13.27% +3.11%
Avg Bedrooms 2.99 beds n/a 2.94 beds 2.67 beds 2.39 beds
Avg Bathrooms 2.12 baths n/a 2.04 baths 1.95 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Salem 1 $1,400,000 100 days
Salem High 4 $799,893 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 9 $698,808 63 days
Multi-Million Dollar Homes 2 $1,499,950 138 days
Newly Built Homes 1 $664,900 117 days
Homes with a Pool 2 $1,024,950 73 days
Sagan Harborside Sotheby's International Realty
Michael Cannuscio
One Essex St
Marblehead, MA 01945
781-838-0068

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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