Essex County Real Estate

Essex County is a county in the state of Massachusetts, having a population of around 744,000 as per the census of 2010 which makes it the third most populous county in Massachusetts. It is a part of Greater Boston is, and the largest city in the Essex County is Lynn. This county has some of the protected areas of wildlife and protected historical sites. The per capita income ranges from 17,000 dollars to 70,000 dollars depending on the town. Essex County has libraries, a network of public, private and elementary schools and colleges for higher education and universities. Essex County also has a national heritage area. This County has given many notable people, who have not only served this town, the county and state and also the American Nation.

Essex County real estate is also booming, the town is growing, and any investment done now will yield good profit in future.  Our partners are have been doing the best they can to put people into their dream homes all year.  There are homes, and commercial buildings including shops, garages, and mechanical workshops. 

Market trends help you understand the movement of key price indicators. Trends in Essex show a 26% week-over-week rise in average listing price and a 0% rise in median rent per month. The median home value in Essex County is $395,000. Essex County home values have gone up 6.8% over the past year, and it is predicted that they will rise 2.4% within the next year. Apart from the housing, commercial real estate in Essex County is also a very lucrative business. The prices for commercial properties are different as compared to the domestic properties. The pricing of the commercial real estate depends upon the locality of the shop, building or business spot in different towns and cities in Essex County. 

Going forward, we expect that Essex County’s sales activity will eventually have a meaningful impact on pricing. With homes still at historically affordable prices, interest rates low, and a generally improving economy, we believe that buyer demand will strengthen and drive more meaningful price appreciation in a robust spring market and throughout 2017. 

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