Essex County January Housing Report 1/9/2022
Year over Year, Dec 21 vs Dec 20, Prices Rose +11.1% for Single Family, +12.9% for Condos and +15.8% for Multis. All Active Listings Plunged -38%.
Month over Month, December 21 vs Nov 21, prices fell -1.6% for Singles, -6.0% for Condos and rose +0.7% for Multis. All Active Listings plunged -35%.
30 Year Mortgage Rates rose to 3.5%.
Month Over Month, Dec 21 vs Nov 21,
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Median Sold Prices Softened for Singles and Condos, Multis barely rose:

Single Families -1.6%; Condos -6.0%; Multi-Families +0.7% -
Unit Sales Down for Singles and Condos but rose for Multis : 

Single Families -2.1%, Condos -13.3%, Multi-Families +15.6% -
Active Listings (Inventory) Plunged:

Single Families -35.2%, Condos -32.2%, Multi-Families -41.4%
Year Over Year, Dec 2021 vs Dec 2020, Prices Up, Inventory Plunged
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Median Sales Price Up: 

Single Families +11.0%; Condos +12.9%; Multi-Families +15.8% -
Unit Sales Fell for Singles and Condos:

Single Families -13.0% , Condos -13.9%, Multi-Families +1.8%. - Active Listings (Inventory) Continued to Plunge:

Single Families -34.0%; Condos -40.8%; Multi-Families -47.4%
- To view data for every Essex County town, go to: http://www.sullivanteam.com/Properties/Reports/Public/Charts.php
- To Download the full housing report go to: http://sullivanteam.com/pages/EssexCountyHousingReports
