New - 2 days on Rocket
$5,936 Closing Credit¹
#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.
Insight
Danvers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$630,000$374/SqFt
-$5,000
-0.8%
Based on all homes sold in the last 12 months
Insight
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
Insight
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
Insight
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.
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Newest Listings in Danvers, MA
What homes are available in Danvers, MA?
New - 2 days on Rocket
$7,303 Closing Credit¹
#73328794, Ricardo Rodriguez & Associates Group, Listing Office: Coldwell Banker Realty - Boston
New - 3 days on Rocket
$10,000 Closing Credit¹
#73328278, Salvatore DiMercurio, Listing Office: Keller Williams Realty Evolution
New - 4 days on Rocket
$10,000 Closing Credit¹
#73327705, Pam Spiros, Listing Office: Coldwell Banker Realty - Beverly
$10,000 Closing Credit¹
#73327020, Crowell & Frost Realty Group, Listing Office: J. Barrett & Company
#73318645, Brian DApice, Listing Office: The Mega Group
Backup offers
$6,413 Closing Credit¹
#73325820, Blaze Johnson, Listing Office: J. Barrett & Company
Backup offers
$6,401 Closing Credit¹
#73324525, Nicole Reid, Listing Office: Aluxety
Backup offers
$8,301 Closing Credit¹
#73324348, Kerry Cheever, Listing Office: Cheever Associates
Backup offers
$7,836 Closing Credit¹
#73323769, Herrick Lutts Realty Partners, Listing Office: Herrick Lutts Realty Partners
$10,000 Closing Credit¹
#73318986, Steven Belesis Realty Group, Listing Office: Citylight Homes LLC
Backup offers
$7,363 Closing Credit¹
#73316473, Victor Paulino, Listing Office: Engel & Volkers By the Sea
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.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.