Over the last 30 days, the Essex County market had a decrease in home sales with 10. Furthermore, the amount of pending transactions continued to decline, with a total of seven contracts during the same period. While contracts numbers fell, prices dropped as well. This week's reported median sales price of $191,000 continued a four-week downward trend. Essex County is a definite buyer's market, due to a downward trend in contracts numbers and prices, and eight months of inventory remaining.
Trying to find a home at a bargain price? Take a look at these affordable homes in Essex County: