Market Report

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Market Trends:

The Salem real estate market has been growing for over a decade. With more and more buyers coming from Boston and the surrounding areas. Priced out of the Boston market buyers have found value and a great commute to the city in Salem. This has driven prices up and put sellers in a great position. 

Check out real time data for all Salem homes below. 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
355 Highland Avenue N/A N/A N/A $2,899,999 Unknown 120 days
171 Boston St 10 2 12,515 $2,499,000 $199 43 days
171 Boston St N/A N/A N/A $2,499,000 Unknown 43 days
301 Essex St N/A N/A N/A $2,000,000 Unknown 161 days
483 Highland Ave N/A N/A N/A $1,500,000 Unknown 21 days
284 Lafayette St N/A N/A N/A $1,200,000 Unknown 694 days
284 Lafayette St 11 11 5,942 $1,200,000 $201 694 days
1 Mall Street 6 4 3,584 $1,025,000 $285 63 days
30 Bay View Ave 5 3 3,271 $999,000 $305 55 days
16 Bay View Cir 4 3 3,274 $979,000 $299 28 days
5 Carpenter Street 5 3 3,663 $899,000 $245 0 days
18 Commercial St N/A N/A N/A $899,000 Unknown 286 days
1 Forrester St 7 3 4,096 $869,900 $212 55 days
46 Chestnut Street 5 3 3,128 $825,000 $263 98 days
26 Dow St 8 4 3,180 $709,900 $223 49 days
15 Linden Avenue 3 2 3,014 $649,000 $215 16 days
19 North Street Unit A 3 2 2,070 $644,900 $311 7 days
3 Bertuccio Ave 4 4 3,240 $624,900 $192 34 days
46 Clark Street 3 3 1,992 $610,000 $306 8 days
13 Cherry Hill Ave 4 3 2,103 $609,900 $290 50 days
74 Lawrence St 6 3 3,420 $599,900 $175 31 days
25 Warren St 5 2 2,377 $599,000 $251 13 days
13 Columbus Ave 4 3 2,111 $599,000 $283 23 days
98 North St 5 4 3,689 $599,000 $162 49 days
20 Federal St Unit 3B 3 3 2,818 $579,900 $205 7 days
5 Ocean Ter 5 3 3,540 $579,900 $163 18 days
225 Derby St Unit 501 2 2 1,600 $579,000 $361 77 days
24 Briggs Street Unit 2 3 3 2,137 $574,900 $269 72 days
27 Hancock St 6 3 2,798 $549,900 $196 51 days
116 Highland Ave N/A N/A 4,063 $549,000 $135 79 days
Average: 3.4 2.1 2,312 $535,537 $253 65 days
Viewing 1 - 30 of 102
Viewing 1 - 30 of 102
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
18 Franklin Street N/A N/A N/A $2,400,000 Unknown 797 days
346 Highland Ave N/A N/A N/A $2,250,000 Unknown 503 days
94 Washington Square East N/A N/A 26,676 $1,600,000 $59 232 days
5 Oliver Street 7 4 4,000 $899,000 $224 359 days
17 Central St Unit 14 4 3 2,682 $699,000 $260 30 days
144 North Street 8 3 4,250 $699,000 $164 45 days
92 Bayview Ave. 4 2 1,357 $660,000 $486 52 days
15 Cherry Hill Ave 4 3 2,103 $649,900 $309 50 days
391 Essex St Unit 391 3 3 2,674 $649,000 $242 41 days
391 Essex St Unit 391 3 3 2,674 $649,000 $242 41 days
3 Salt Wall Ln 3 3 2,134 $639,900 $299 38 days
8 Clark Street 5 3 2,837 $625,000 $220 20 days
343 Lafayette St 9 4 3,693 $620,000 $167 15 days
24 Ocean Ave 5 3 2,178 $599,000 $275 63 days
337 Bridge St N/A N/A 2,951 $575,000 $194 69 days
126 Derby St 5 3 2,466 $569,900 $231 25 days
1 Good Circle 4 3 2,054 $569,900 $277 35 days
25 Savoy Rd 3 3 2,063 $569,000 $275 29 days
35 Briggs St Unit 2 4 3 2,200 $569,000 $258 98 days
10 Tremont St 4 3 1,876 $549,900 $293 36 days
16 Kosciusko St 3 2 1,200 $539,900 $449 20 days
24 Dearborn St 6 4 3,352 $539,000 $160 21 days
5 Lee St. 3 3 1,632 $539,000 $330 32 days
31 Buffum Street 3 2 2,661 $535,000 $201 35 days
57 Dearborn St 3 2 1,850 $529,900 $286 23 days
30 Balcomb Street 4 2 2,507 $529,900 $211 56 days
18 St Paul 4 2 2,178 $525,000 $241 35 days
38 Buena Vista 3 2 2,000 $519,000 $259 51 days
78 Valley Street 3 3 2,053 $509,000 $247 56 days
230 Lafayette Street 5 2 3,016 $499,900 $165 8 days
Average: 3.0 2.1 1,931 $439,363 $247 69 days
Viewing 1 - 30 of 131
Viewing 1 - 30 of 131
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
23 Summer St 8 8 3,891 $899,999 $985,000 $253 100 days 6/1/18
8 Chestnut St 5 4 4,185 $887,000 $850,000 $203 41 days 3/22/18
1 Island Avenue 4 3 2,200 $850,000 $840,000 $381 80 days 5/17/18
27 North Street 4 5 4,509 $859,000 $820,000 $181 48 days 5/23/18
18 Buffum Street 5 4 5,272 $799,000 $775,000 $147 65 days 4/12/18
57 Ocean Ave 8 6 4,844 $799,000 $770,000 $158 102 days 6/11/18
83 North Street N/A N/A 6,265 $795,000 $745,000 $118 657 days 5/31/18
10 Pleasant St 4 3 3,074 $599,900 $683,000 $222 67 days 5/17/18
90 Federal Street Unit 1 4 4 2,780 $679,000 $680,000 $244 33 days 2/22/18
8 Almeda Street 5 2 3,200 $699,900 $670,000 $209 66 days 5/4/18
505 Loring Ave 7 3 3,982 $629,900 $665,000 $167 43 days 5/30/18
90 Federal Street Unit 2 4 3 2,510 $659,000 $659,000 $262 41 days 2/28/18
26 Salem Street 12 3 3,969 $599,000 $643,500 $162 69 days 6/4/18
70 Weatherly Drive Unit 301 2 2 1,895 $615,000 $620,000 $327 37 days 4/30/18
13 Nurse Way 4 3 2,200 $619,900 $617,550 $280 81 days 3/5/18
37 Osborne Hill Dr 3 3 2,299 $625,000 $610,000 $265 217 days 5/3/18
15 Nurse Way 4 3 2,103 $609,900 $609,900 $290 154 days 5/17/18
18 Fairview Road 3 2 2,114 $625,000 $605,000 $286 61 days 4/30/18
8 Beachmont Rd 4 3 2,052 $579,900 $590,000 $287 53 days 5/25/18
12 Lynn Street 4 2 2,754 $599,900 $585,000 $212 72 days 2/23/18
9 Settlers Way Unit 9 2 3 1,783 $599,900 $575,000 $322 245 days 4/30/18
7 Settlers Way Unit 7 2 3 1,814 $579,900 $570,000 $314 267 days 6/7/18
13 Emerton Street 6 3 2,050 $579,000 $563,000 $274 66 days 5/31/18
10 Prince St 9 3 3,537 $575,000 $560,000 $158 48 days 6/18/18
1 Park St 7 3 2,850 $575,000 $555,000 $194 64 days 6/15/18
24 Park St 5 4 2,580 $549,000 $545,000 $211 40 days 6/4/18
4 Locust St 3 3 2,419 $499,900 $541,000 $223 43 days 6/14/18
38 Northend Avenue 4 2 2,548 $479,900 $530,000 $208 71 days 3/30/18
62 Appleton St 4 2 2,559 $530,000 $530,000 $207 181 days 4/12/18
3 Scenic Terrace 5 3 2,450 $529,050 $520,000 $212 161 days 4/19/18
Average: 2.8 2.0 1,616 $379,488 $384,395 $263 74 days
Viewing 1 - 30 of 224
Viewing 1 - 30 of 224