May housing results impacted by Covid-19
Essex County June Housing Report 6/6/2020 - Covid 19
Month Over Month, May 2020 vs April 2020
1. Median Sales Prices Softened: Single Families Down -2%; Condos Down -1.5%; Multi-Families Up 0.2%
2. Unit Sales Big Moves: Single Families Up 21.7%; Condos Down -16.6%; Multi-Families Up 15.2%
3. Number of Active Listings Mixed: Single Families Down -0.8%; Condos Up 2.4%; Multi-Families Down -21.6%
Year Over Year, May 2020 vs May 2019
1. Median Sales Prices Rose At Slower Pace: Single Families Up 3.2%; Condos Up 0.8%; Multi-Families Up 6.6%
2. Unit Sales Plunged: Single Families -29.5%; Condos -49.3%; Multi-Families -38.4%
3. Number of Active Listings Plunged: Single Families -47.5%; Condos -35.9%; Multi-Families -45.3%
To dowload the full Housing Report go to: http://sullivanteam.com/pages/EssexCountyHousingReports
