The document summarizes the real estate market trends in Marblehead, Massachusetts for 2018. Key points: - The median price of single family homes increased 3.7% to a new high of $689,500, while sales dropped 9.4% to 212 units due to low supply. - The median condo price rose 1.6% to $370,000, with 53 units sold being consistent with the past 4 years. - Single family home prices were lower in the second half of the year than the first half, which has rarely happened before. - Mortgage rates fell back to 4.5% by the end of the year after rising to almost 5% in November.

1. MARKET
REPORT
Marblehead, Mass
2018
Quarter 4 /Year in Review
Team Harborside | teamharborside.com | © Copyright 2019

2. MARBLEHEAD
OVERALLTRENDS
1. The median price of Single Family Homes (SFH) sold in 2018 increased 3.7%
to a new high of $689,500. Reflecting the shortage of supply, sales dropped
from 234 to 212, the lowest total since 2011.
2. The median price of condos increased 1.6% to $370,000. Condo sales of 53
units were in line with the average of the last 4 years. 45% of condo sales
occurred at or above list price.
3. The quarterly SFH median price ranged from a high of $730,000 in Q1 to a
low of $655,000 in Q4. Quarterly fluctuations occur because of weather –
there are fewer sales in the winter - and the timing of sales at different prices.
4. The SFH median price in the second half of 2018 was lower than in the first
half. This has happened only twice before, in 2010 and 2011, in the last 19
years.
5. Generally in Essex County, supply started to increase from June onwards
comparingYear-on-Year, but it still remained tight, especially at lower prices.
6. After reaching almost 5% in early November, 30 year mortgage rates dropped
back to just over 4.5% by year end.
Q4 Market Report | Marblehead, MA | Page 2

3. 212
SINGLE FAMILY HOMES SOLD IN 2018
53
CONDO ANDTOWNHOMES SOLD IN 2018
Q4 Market Report | Marblehead, MA | Page 3

4. SINGLE FAMILY MARKET ACTIVITY
AT A GLANCE
3.7%
MEDIAN SALES PRICE
The median price increased
3.7% year-over-year to a
record $689,500.
-9.3%
The median sales price fell
9.0% to $655,000.,
reflecting a larger
percentage of sales at
lower prices..
-9.4%
UNITS SOLD
212 single family homes
sold in 2018, down 9.4%
from the previous year.
5.4%
Sales increased 5.4% for a
total of 59 homes sold in
the last quarter.
YTD 2018 vs.YTD 2017 Q4 2018 vs. Q4 2017
MEDIAN SALES PRICE UNITS SOLD
Q4 Market Report | Marblehead, MA | Page 4

5. CONDO AND TOWNHOME MARKET ACTIVITY
AT A GLANCE
1.6%
MEDIAN SALES PRICE
The median price of the
condos sold was $370,000,
1.6% higher than in 2017.
2.2%
MEDIAN SALES PRICE
The median price of
condos increased 2.2% to
$400,000.
-10.2%
UNITS SOLD
Sales dropped from 59 to
53 but were in line with the
average of the last 4 years.
-18.8%
UNITS SOLD
Sales dropped from 16 to
13 units sold quarter over
quarter.
YTD 2018 vs.YTD 2017 Q4 2018 vs. Q4 2017
Q4 Market Report | Marblehead, MA | Page 5

6. 2017 2018
%Change
2017 VS. 2018 Q4 2017 Q4 2018
%Change
Q4 2017 vs. Q4 2018
Median Price $665,000 $689,500 3.7% $720,000 $655,000 -9.3%
Median Price per Square Foot $337 $365 8.4% $335 $367 9.6%
Average Days on Market 72 63 -12.5% 98 51 -48.0%
Highest Price $5,800,000 $4,600,000 $4,250,000 $2,750,000
Lowest Price $276,000 $315,000 $276,000 $365,000
Number of Properties Sold 234 212 -9.4% 56 59 5.4%
% Sold Price to List Price 95.8% 96.0% 94.8% 95.3%
Total DollarVolume $196.4 million $184.2 million -7.1% $49.5 million $48.4 million -2.4%
SINGLE FAMILY HOMES
BYTHE NUMBERS

7. 2017 2018
%Change
2017 vs. 2018 Q4 2017 Q4 2018
%Change
Q4 2017 vs. Q4 2018
Median Price $391,500 $400,000 1.6% $391,500 $400,000 2.2%
Median Price per Square Foot $335 $371 10.7% $356 $347 -2.5%
Average Days on Market 84 54 -35.7% 134 41 -69.4%
Highest Price $925,000 $789,000 $925,000 $789,000
Lowest Price $130,000 $130,000 $155,000 $160,000
Number of Properties Sold 59 53 -10.2% 16 13 -18.8%
% Sold Price to List Price 97.8% 98.3% 95.9% 99.3%
Total DollarVolume $21.5 million $20.3 million -7.0% $6.8 million $5.2 million -23.5%
CONDO AND TOWNHOMES
BYTHE NUMBERS

8. Q1 Q2 Q3 YTD
Q2 saw the greatest percentage of sales over list – 34% - with the other
three quarters being +/- 20%.
73%
8%
19%
Q4
58%
8%
34%
66%
10%
24%
70%
10%
20%
66%
9%
25%
Q4 Market Report | Marblehead, MA | Page 8
LIST PRICE VS. SALES PRICE
SINGLE FAMILY HOMES
BELOW LIST AT LIST ABOVE LIST

9. Q2 and Q4 saw the largest percentage of single family home sales
under $750,000 and the lowest median prices.
Q1 Q2 Q3 Q4
Median Price $730,000 $689,000 $710,000 $655,000
$0-499 $500-749 $750-999 $1,000-1,499 $1,500-1,999 2,000-3,000 3,000 plus
Q1 4% 46% 27% 19% 4% 0% 0%
Q2 14% 44% 22% 10% 7% 0% 3%
Q3 7% 49% 21% 12% 6% 4% 1%
Q4 15% 46% 22% 8% 3% 5% 0%
0%
10%
20%
30%
40%
50%
60%
MARKET SHARE BY PRICE BRACKET
SINGLE FAMILY HOMES
Q4 Market Report | Marblehead, MA | Page 9

10. 0-­‐$249
$250-­‐349
$350-­‐499
$500-­‐599
$600-­‐749
$750
plus
H1
14%
39%
18%
18%
11%
0%
H2
28%
12%
36%
20%
0%
4%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
53% of condo sales in H1 were
under $350,000, while 60%
were over $350,000 in H2. *
MARKET SHARE BY
PRICE BRACKET
CONDO ANDTOWNHOMES
H1 H2
Median Price $324,000 $395,000*Due to the small sample size of condo sales on a quarterly basis,
data was compared between the first half of 2018 (H1) and the
second half of 2018 (H2).
Q4 Market Report | Marblehead, MA | Page 10

11. Marblehead SFH prices have grown 3.4% compound since 2000, very similar
to the 3.6% for Boston and the US overall, but with less volatility.
MARBLEHEAD VS. BOSTON VS. NATIONAL
MEDIAN HOME PRICE COMPARISON
SINGLE FAMILY HOMES
0.50
0.70
0.90
1.10
1.30
1.50
1.70
1.90
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
MHD BOS National
All data is converted to a base of 1.00 in 2000. For example, the MHD median price in 2000 was $375,000
and in 2018 it was $689,500. Using 2000 as 1.00 produces a 2018 value of $689,500/$375,000 or 1.84.
Similarly, the numbers for Boston and the National market are converted to a base of 1.00 in 2000.
Q4 Market Report | Marblehead, MA | Page 11

12. ABOUT TEAM HARBORSIDE
Team Harborside is your go-to resource for North Shore real estate.
With decades of combined experience, Matt Dolan and Dick McKinley
have developed a client-focused approach. It starts with the client’s
objectives--not the goals of the agent or the temperature of the market.
From there, the entire team works deliberately to plan out a strategy
that will meet those objectives.
Paired with unmatched expertise in the North Shore market, Matt and
Dick’s philosophy allows them to position properties for maximum value
within the region.
Team Harborside works with buyers and sellers in a variety of scenarios
across all areas of residential real estate, including condo conversions,
new home construction, investment strategies and investor property
acquisition.
CONTACT
Matt Dolan
matt.dolan@sothebysrealty.com
617.816.1909
Real Estate Broker
Dick McKinley
dick.mckinley@sothebysrealty.com
617.763.0415
Real Estate Broker
TEAM HARBORSIDE
Sagan Harborside
Sotheby’s International Realty
teamharborside.com
ONE ESSEX STREET
Marblehead, MA 01945
Q4 Market Report | Marblehead, MA | Page 12

13. All data within this document is derived from MLSPIN. This
report was published for the exclusive use ofTeam
Harborside in partnership with OliverReports.com.
Q4 Market Report | Marblehead, MA | Page 13

14. Q4 Market Report | Marblehead, MA | Page 14
The location, the style, the feeling you get when you walk through the door –
every aspect of your home should be a reflection of who you are,
where you've been, and the life you aspire to live.
Your best life begins with a home that inspires you.
OCEANFRONTLIVE
©
MMXVII Sotheby's International Realty Affiliates LLC. All Rights Reserved. Sotheby's International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. Sotheby's International Realty and the Sotheby's International Realty logo are registered (or unregistered) service marks licensed to Sotheby's International Realty Affiliates LLC.