Price Cuts High in 01835 Zip Code Real Estate Market

The 01835 zip code market saw 16 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since last October at 23. In comparison, the 01844 zip code had 54 price reductions in the same time frame, the most of all nearby zip codes. A months of inventory number of two reported this week continued a four-week downward trend, even with the weak contracts numbers in the area. Even with rising contracts, the low inventory means the 01835 zip code is still a solid seller's market.

For the best bang for your buck, check out these listings that recently had significant price cuts in the 01835 zip code:

$259K   $419K   $240K  

Get started right now by checking out 01835 homes for sale or reviewing 01835 real estate trends.

Demographic facts for the 01835 zip code:

  • The average elevation in this area is 125 feet.
  • The median income is $68,620 per household.
  • For every counselor there are 691 students in this area. (513 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX Prestige
2 reviews
Coldwell Banker Residential Brokerage - Beverly
Snapped 1 home in this area
Century 21 North Shore/Fermin Group
Snapped 11 homes in this area

Agents that specialize in this area
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