Leading Edge Real Estate

Essex County Housing Report May 2020

April is the first full month we can observe the impact of Covid-19 on real estate sales in Essex County.

 
Month Over Month, April 2020 vs March 2020
Median Sales Prices mixed: Up 2.7% for Single Families; Down -2.9% for Condos and Down -5.3% for Multi-Families
Unit Sales plunged: -9.3% for Single Families; -15.2% Condos and -32.3% for Multi-Families
Active Listings plunged: -14.2% for Single Families; -14.5% for Condos and -24% for Multi-Families
 
Year Over Year, April 2020 vs April 2019
Median Sales Prices rose:  14.3% for Single Families; 8.1% CC and 6.9% for Multi-Families
Unit Sales plunged: -20.2% for Single Families; -34.4% for Condos; -40.5% for Multi-Families
Active Listings plunged: -43.2% for Single Families; -36.7% for Condos and -35.2% for Multi-Families
 

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