Essex County MA Real Estate Market Information

In August 2026, 619 homes were sold in Essex County, Massachusetts. This represents a 19% decrease from July and a 7% decrease compared to August 2025. Closed sales slowed from the previous month and fell slightly below last year's pace as the summer market began to cool.

The median sale price was $681,000, down 4% from July and 1% lower than August 2025. The median list price was $679,000, down 3% month over month but 1% higher than a year ago. While prices eased from July, home values remained relatively stable compared to last year.

Homes sold for an average of 101% of asking price, down slightly from 102% in July and unchanged from August 2025. Sellers continue to benefit from strong demand, with well-priced homes often selling at or above asking price.

Total sales volume reached $482.0 million, a 26% decrease from July and 10% lower than August 2025. The decline reflects the combination of fewer transactions and slightly lower median sale prices compared with the previous month.

Homes spent a median of 23 days on the market, two days longer than July and one day longer than August 2025. While homes are taking slightly longer to sell, properties continue to move at a relatively steady pace.

Year to date, 4,042 homes have sold, an 18% increase from July's running total and 1% below the 4,070 homes sold through August 2025. Overall, the market has remained relatively consistent with last year, with stable home values and continued buyer demand despite a slowdown in August sales.