SALEM Q1 2026 Market Report
SINGLE FAMILY HOMES (SFH)
Q1 is always a quiet quarter and 2026 was no exception, with sales hindered by the cold and snow. Despite that, sales were in line with Q1s in recent years, while the median price eased 3%.
As median prices have risen, sales at lower price levels have decreased while higher-price sales have grown. The right-hand column reflects only Q1 data and may not represent the entire year.
CONDOS
Condo sales were a little lower than in prior years, while the median price of those sold dropped 5% and was below $500,000 for the first time in 2 years.
As the share of sales over $500,000 dropped below 50% in Q1 so the median price also fell below $500,000.
PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)
Not surprisingly, condo sales – but not Single Family – took a little longer in Q1. The PSW fell in line with median prices.
SALE PRICE to LIST PRICE
While the share of Sales over List Price has dropped below 50% in recent quarters it was still a very healthy 37% in Q1..
SWAMPSCOTT Q1 2026 Market Report
SINGLE FAMILY HOMES (SFH)
Q1 is usually a quiet quarter but 2026 was an exception, with sales apparently unhindered by the cold and snow. The median price of the SFHs sold increased 10% from 2025.
As median prices have risen, sales at lower price levels have decreased while higher-price sales have grown. The right-hand column reflects only Q1 data and may not represent the entire year.
CONDOS
Condo sales in Q1 were also a little higher in recent years, at prices ranging from under $500,000 to $1.52 million.
Swampscott has both purpose- built condos, at a wide range of prices, and conversions from older properties; this can lead to swings in the share of sales in each price range depending on what actually sells in any period.
PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)
The pace of sales also was also not affected by the weather. The small number of sales at a wide range of values means the PSF can suffer swings quarter to quarter, but the upward trend in recent years reflects higher prices.
SALE PRICE to LIST PRICE
The share of Sales over List Price has averaged 44% since 2024 and almost 4 in 10 sales were over List Price in Q1.
ESSEX COUNTY Q1 2026 MARKET REPORT
ESSEX COUNTY Q1 2026 MARKET REPORT
The median price of the SFHs sold in Essex County rose 3% in Q1 2026, while that of Condos rose a more modest 1%.
Despite the cold and snow, sales of Condos were steady with 2025 while SF sales dropped 8%. The share of Sales over List Price fell below 50% in the last 2 Quarters but was still a very healthy 41%.
Another way to look at sales is the distribution by price. The slight changes in Q1 2026 were seasonally influenced.
CONDOS
Condo sales saw a similar pattern to SF sales, with a small increase in the share of sales at lower prices.
PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)
As one would expect, the PSF has increased in line with median prices.
The pace of sales, as evidenced by DTO- Days To Offer – the number of days a property is on the market before an accepted offer is received – slowed in Q1. See earlier comments about weather.
SALE PRICE to LIST PRICE
The light blue line in the table below represents the percentage of sales that took place over List Price in each Quarter. The share dropped below 50% in the last 2 Quarters but iwas still a very healthy 41%.
MARBLEHEAD Q1 2026 MARKET REPORT
MARBLEHEAD Q1 2026 MARKET REPORT
SINGLE FAMILY HOMES (SFH)
Q1 is always a quiet quarter and 2026 was no exception, with sales hindered by the cold and snow. The median price of the SFHs sold was steady with 2025.
As median prices have risen, sales at lower price levels have decreased while higher-price sales have grown. The right-hand column reflects only Q1 data and may not represent the entire year.
CONDOS
There were just 7 Condo sales in Q1 at prices ranging from just over $300,000 to $1.5 million.
Marblehead has both purpose-built condos and conversions from older properties which sell at very different prices, and this can lead to swings in the share of sales in each price range depending on what actually sells in any period.
PRICE per SQ FT (PSF) and PACE of SALES (Days to Offer Accepted – DTO)
Not surprisingly, sales took a little longer in Q1. The small number of sales at a wide range of values means the PSF can suffer swings quarter to quarter.
SALE PRICE to LIST PRICE
The share of Sales over List Price has averaged 47% since 2024 and almost 4 in 10 sales were over List Price in Q1.
Open Houses Memoral Day weekend
Here are the Open Houses this weekendy:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com
New Listings and Inventory week ending May 22
Here are the latest New Listings
And the latest Inventory:
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com</p
Open Houses Mother’s Day weekend
Here are the Open Houses this weekendy:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com
New Listings and Inventory week ending May 8
Here are the latest New Listings
And the latest Inventory:
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com</p
Open Houses weekend May 2,3
Here are the Open Houses this weekendy:
Click on these links for details:
Marblehead Open Houses
Swampscott Open Houses
Salem Open Houses
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com
New Listings and Inventory week ending May 1
Here are the latest New Listings
And the latest Inventory:
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or ajoliver47@gmail.com.
Andrew Oliver, M.B.E.,M.B.A.
REALTOR®
m 617.834.8205
www.OliverReportsMA.com
““If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of OliverReportsMA.com. He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Salem, Beverly, Lynn and Swampscott.”
“Thank you for the wonderful, wonderful job you do for the community (explanation of property tax process and calculation) – it is so helpful and so clearly explained.”
Licensed in Massachusetts with Stuart St.James
Licensed in Florida with Compass
www.OliverReportsFL.com</p
How much space does $1 million buy you around the world?
A million dollars isn’t what it used to be — especially in luxury real estate.
According to the new Knight Frank Wealth Report, $1 million buys you only 16 square meters (or about 172 square feet) in Monaco, the world’s most expensive luxury market as measured per meter. That’s down from 17 square meters (182 square feet) in 2020.
In Hong Kong, which ranks second, $1 million gets you 22.5 square meters, or about 242 square feet. New York looks downright affordable next to London, Singapore and Geneva, with $1 million getting you 33.9 square meters, or 365 square feet.
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