Over the last 30 days, the Salem market was busy with 75 homes sold. At the same time, close-by Lynn reported 83 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Salem, and for this period the median sales price slid from $312,500 to $310,000. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Salem is a solid seller's market.
Looking for adequate space in your home? Check out these listings in Salem that provide large living areas:
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