Gloucester, MA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

3

SINGLE FAMILY HOMES

Condos

0

CONDOS

Townhouses

2

TOWNHOUSES

MEANWHILE...

16

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$490k
$6k
$430k$475k$519kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
0Homes
1-3
MONTHS
1Homes
OVER
3 MONTHS
5Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

135
DAYS
41%
7696116135155NovOctSepAugJulJun

And finally...What's the hottest street in

Gloucester

essex ave

NEARBY REAL ESTATE TRENDS

For November 2016, Gloucester, MA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Gloucester, MA was 191 and 6 homes were sold.