Salisbury MA Full Year Condo Market Report

Salisbury offers many different types of condos. Those near the vicinity naturally remain desirable for beach lovers. However, buyers can find very affordable alternatives further away from the beach but still within Salisbury. The Salisbury MA full year condo market report is provided below and includes stats for the last several years.

Condo Home Sales for Salisbury MA

Full Year Average Selling Price

The average price in Salisbury MA for the full year decreased -9.28% from $268,046 (in 2010) to $243,180 (in 2011). This after it decreased -5.73% from $284,343 (in 2009) to $268,046 (in 2010). Prior to that there was a -15.32% change. This shows a consistent decline over the last 4 years.

2007 $367,502
2008 $335,786
2009 $284,343
2010 $268,046
2011 $243,180

Full Year Lowest Sale Price

The lowest price in Salisbury MA for the full year increased 38.89% from $90,000 (in 2010) to $125,000 (in 2011). This after it decreased -28% from $125,000 (in 2009) to $90,000 (in 2010). Prior to that was a -6.72% change.

2007 $155,000
2008 $134,000
2009 $125,000
2010 $90,000
2011 $125,000

Full Year Median Selling Price

The median price in Salisbury MA for the full year decreased -8.93% from $266,375 (in 2010) to $242,575 (in 2011). This after it decreased -6.21% from $284,000 (in 2009) to $266,375 (in 2010). Prior to that was a -16.45% change.

2007 $350,000
2008 $339,900
2009 $284,000
2010 $266,375
2011 $242,575

Full Year Highest Selling Price

The highest price in Salisbury MA for the full year increased 14.59% from $462,500 (in 2010) to $530,000 (in 2011). This after it decreased -11.06% from $520,000 (in 2009) to $462,500 (in 2010). Prior to that there was a -25.71% change.

2007 $905,000
2008 $700,000
2009 $520,000
2010 $462,500
2011 $530,000

Salisbury MA Full Year Condo Market Report

The figures above represent Salisbury as a whole. A Wellsco Realtor can provide detailed information to help you better understand price differences between condos on the beach versus within a short drive to the beach. For additional Salisbury MA full year condo market report or information for nearby areas, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: These figures were compiled from third party sources including public records and the MLS Property Information Network, Inc. They are meant to provide a general overview of the market, are not guaranteed accurate, and may not include every condo sold in Salisbury.

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Liz Ryan Loan Officer

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.

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