Despite remaining above the 42.4 monthly sales average, the Peabody market slowed with 51 homes sold in the last 30 days. Within the same time frame, Lynn had 83 sales, the most of all cities in the area. The median sales price dropped to $370,000, extending a four-week long spiral. There is only one month of inventory available in Peabody, so it's still a definite seller's market, despite the falling prices.
Trying to find an affordable a home? Take a look at these low-priced listings in Peabody:
Get started right now by checking out Peabody homes for sale or reviewing Peabody real estate trends.