Real Estate

Marblehead Condo Sales Drop in First Half of 2013

Marblehead condo sales in the first six months of 2013 dropped over 30 percent.


The Warren Group recently released their June home sales numbers for the towns and counties in Massachusetts and Marblehead saw a drop in condo sales in the first six months of 2013.

Marblehead condo sales year-to-date compared to last year have decreased while June condo sales equaled condo sales in June of last year. 

Last month, Marblehead saw 5 condos sold, which is equal to June of 2012, which was also 5. 

Since the beginning of 2013, only 16 condos have been sold in Marblehead, which is a 33 percent drop compared to the first six months in 2012, in which 24 homes were sold. 

The median sale price for June of 2013 also dropped quite a bit, 29 percent, from the median price in June of last year, going from $405,000 to $285,000. 


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