Sales On the Rise in Gloucester Real Estate Market

The Gloucester market made strides in this week's report, as the number of home sales climbed 6.5%, pushing the total to 33 homes sold over the last 30 days. At the same time, close-by Boston reported 466 home sales, the highest number from all the surrounding cities. There are four months of inventory remaining in Gloucester, and the market is swinging toward the buyer, especially since the median sales price dropped to $385,000 this week.

Make sure you take a look at these eye-catching homes in Gloucester that generated the most views from potential buyers:

$1.5M   $5.9M   $678K  

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

Demographic facts about Gloucester:

  • The median house value here is $317,600.
  • Average number of rainy days is 115 per year. (U.S. average: 100)
  • The unemployment rate is 6.8%.
  • The students per teacher ratio in this area is 13.5:1. (15.3:1 = national average)

Data reported through 10/13/2016

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