#73333123, Ashley Marrama, Listing Office: Coldwell Banker Realty - Leominster
Beverly Housing Market Report January 2025•Essex County, Massachusetts
Housing Prices in Beverly, MA
How much do homes in Beverly, MA cost?
Housing Market Conditions
Is Beverly, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Beverly is a Seller's Market
Difference Since January 2024
Since last year, Beverly has remained a Seller's Market.
Beverly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Beverly have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Beverly was $700,666 in January 2025, up 3.8% from last year, and the median price per square foot was $435.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Salem | $550K | $598.6K | +8.8% |
Beverly | $675K | $700.6K | +3.8% |
Manchester-by-the-Sea | $1.2M | $1.1M | -10.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $392K | $365K | -6.9% |
22 Bedrooms | $515K | $568.5K | +10.4% |
33 Bedrooms | $640K | $667K | +4.2% |
44 Bedrooms | $780K | $835K | +7.1% |
55+ Bedrooms | $876K | $1.1M | +27.3% |
Summary: Beverly housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -6.9%. The home price for 2 bedroom homes increased by +10.4%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes increased by +7.1%. The home price for 5 bedroom homes increased by +27.3%.
Housing supply in Beverly, MA
How many homes are available in Beverly, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
53Last MonthJan 2025 | ||
602 months agoDec 2024 | -11.7 % Change MoMDec – Jan |
Summary: The Beverly real estate market had 53 homes for sale in Jan 2025, a 11.7 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
15Last MonthJan 2025 | ||
292 months agoDec 2024 | -48.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 15 | 11 | -26.7% |
33 Bedrooms | 23 | 19 | -17.4% |
44 Bedrooms | 13 | 13 | 0.0% |
55+ Bedrooms | 9 | 10 | +11.1% |
Summary: Beverly housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -26.7%. The inventory for 3 bedroom homes decreased by -17.4%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +11.1%.
Asking Price vs. Sold Price
How much do homes in Beverly, MA cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price11 Homes
If you're buying a home in Beverly, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Beverly in January 2025, down by 48.3% month-over-month. Of the 15 sold homes, 73% were sold under asking, 7% were sold at asking, and and 20% were sold over asking.
Days on Market for Beverly, MA
How long does it take to sell a home in Beverly, MA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days8 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Beverly has remained consistent over time.
Summary: During January 2025, 15 homes were sold in Beverly; 47% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
37 DaysThis YearJan 2025 | ||
29 Days1 year agoJan 2024 | +28.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Beverly had an average listing age of 37 days in Jan 2025, up by 28.9% compared to the previous year.
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Newest Listings in Beverly, MA
What homes are available in Beverly, MA?
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/idx.png)
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.