Condo Stats April 2023

The enclosed stats represent condos sales over all of essex county for the month of April, 2023. As shown there is only a limited number of sales each month so it is difficult to get an accurate picture for a specific condo. While inventory is building, there is still limited inventory available in most buildings. Many condos have long term owners, others have a large number of units that the owners have chosen to rent out.

Each condo is affected differently by market changes. Items such as age, location, square footage, common elements, amenities, finishes, heating, in suite laundry, parking, storage, type of plumbing, and many other items should be considered. We typically track sales in a building over 1-3 years to determine values. Where there is insufficient sales the sales from buildings that are similar are used. Please contact us if you would like assistance.