#73328881, Andrea Anastas, Listing Office: RE/MAX 360
Danvers Housing Market Report December 2024•Essex County, Massachusetts
Housing Prices in Danvers, MA
How much do homes in Danvers, MA cost?
Housing Market Conditions
Is Danvers, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Danvers is a Seller's Market
Difference Since December 2023
Since last year, Danvers has remained a Seller's Market.
Danvers 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 Danvers have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Danvers was $630,000 in December 2024, down 0.8% from last year, and the median price per square foot was $374.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Peabody | $599.9K | $650K | +8.3% |
Topsfield | $850.2K | $875.5K | +3.0% |
Danvers | $635K | $630K | -0.8% |
Middleton | $876K | $830K | -5.3% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $283.5K | $302K | +6.5% |
22 Bedrooms | $467K | $526.5K | +12.7% |
33 Bedrooms | $615K | $650K | +5.7% |
44 Bedrooms | $772.5K | $850K | +10.0% |
55+ Bedrooms | $752K | $900K | +19.7% |
Summary: Danvers housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +6.5%. The home price for 2 bedroom homes increased by +12.7%. The home price for 3 bedroom homes increased by +5.7%. The home price for 4 bedroom homes increased by +10.0%. The home price for 5 bedroom homes increased by +19.7%.
Housing supply in Danvers, MA
How many homes are available in Danvers, MA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
34Last MonthDec 2024 | ||
482 months agoNov 2024 | -29.2 % Change MoMNov – Dec |
Summary: The Danvers real estate market had 34 homes for sale in Dec 2024, a 29.2 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
17Last MonthDec 2024 | ||
152 months agoNov 2024 | +13.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 9 | 8 | -11.1% |
33 Bedrooms | 18 | 11 | -38.9% |
44 Bedrooms | 14 | 9 | -35.7% |
55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Danvers housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes decreased by -38.9%. The inventory for 4 bedroom homes decreased by -35.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Danvers, MA cost?
Over Asking Price9 Homes
At Asking Price3 Homes
Under Asking Price5 Homes
If you're buying a home in Danvers, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Danvers in December 2024, up by 13.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 18% were sold at asking, and and 53% were sold over asking.
Days on Market for Danvers, MA
How long does it take to sell a home in Danvers, MA?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Many homes in Danvers are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in Danvers; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
32 DaysThis YearDec 2024 | ||
29 Days1 year agoDec 2023 | +10.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Danvers had an average listing age of 32 days in Dec 2024, up by 10.9% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Danvers, MA
What homes are available in Danvers, MA?
Nearby markets
Popular Cities with Homes for Sale in Massachusetts
- Homes for sale in Boston, MA
- Homes for sale in Brockton, MA
- Homes for sale in Brookline, MA
- Homes for sale in Cambridge, MA
- Homes for sale in Chicopee, MA
- Homes for sale in Fall River, MA
- Homes for sale in Falmouth, MA
- Homes for sale in Fitchburg, MA
- Homes for sale in Framingham, MA
- Homes for sale in Haverhill, MA
- Homes for sale in Hingham, MA
- Homes for sale in Lowell, MA
- Homes for sale in Methuen, MA
- Homes for sale in New Bedford, MA
- Homes for sale in Newton, MA
- Homes for sale in Plymouth, MA
- Homes for sale in Quincy, MA
- Homes for sale in Shrewsbury, MA
- Homes for sale in Springfield, MA
- Homes for sale in Taunton, MA
- Homes for sale in Worcester, MA
MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/25/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.