Merrimac's Slow 20 Start

Was 2018 The Peak of the Market for Merrimac MA  Showing the figures of Square  hovering affordably   Is that still a 3 Year Can an under corrected market crash? Footage per Dollar gotten its $226-$271- $228-  over Year increase of  (0.02% ) Single Family Listing Inventory on February 3 2016 2017 2018 2019 2020 Listing Units 18 9 6 7 4 Average Days on Market 111 211 159 15 185 Average List Price $521,255.56 $442,111.11 $524,083.33 $485,628.57 $507,225.00 Average List $ / SqFt $194.37 $200.20 $226.62 $271.50 $228.80 Approximate Absorption Rate 34.72% 76.85% 98.61% 95.24% 156.25% Approximate Months Supply of Inventory 2.88 1.30 1.01 1.05 0.64 Listed (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Taken) 14 2 5 7 1 Average Original List Price $505,798.36 $344,900.00 $489,740.00 $444,914.29 $349,900.00 Average Original List $ / SqFt $190.89 $187.77 $215.18 $274.47 $324.88 Went Pending (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Went Pending) 8 8 5 3 3 Average List Price $442,934.63 $386,687.50 $428,360.00 $361,566.67 $376,600.00 Average List $ / SqFt $193.02 $214.68 $180.87 $222.23 $231.70 Average Days to Offer 67 59 31 48 38 Listed & Price Changed (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Price Changed) 4 0 0 0 0 Average Original List Price $534,925.00 $0.00 $0.00 $0.00 $0.00 Average Original List $ / SqFt $184.50 $0.00 $0.00 $0.00 $0.00 Sold (Year to Date) 2016 2017 2018 2019 2020 Closed Units (Sold) 3 5 4 6 2 Average Days on Market 139 151 41 83 70 Average Days to Offer 71 141 33 63 54 Average Sale Price $474,933.33 $480,280.00 $401,819.25 $529,750.00 $240,000.00 Average Sale $ / SqFt $190.61 $203.09 $219.75 $207.07 $205.99 Average List Price $483,266.67 $477,340.00 $409,894.25 $532,596.17 $252,388.00 Average List $ / SqFt $193.84 $201.44 $223.85 $207.19 $213.17 Average Original List Price $478,266.67 $494,320.00 $426,169.25 $550,596.17 $271,888.50 Average Original List $ / SqFt $192.09 $207.21 $231.01 $214.90 $233.17 Average Sale Price as % of List Price 98.25% 100.69% 97.98% 99.71% 93.95% Average Sale Price as % of Original List Price 99.14% 97.69% 94.63% 95.97% 88.20% Average Sale Price as % of Assessed Price N/A N/A 117.88% N/A 90.34% Sold Units - Short Sale 0 0 0 0 0 Sold Units - Lender-Owned 0 1 0 0 0 12-Month Activity as of February 3 2016 2017 2018 2019 2020 Units Listed 107 98 89 100 84 Units Price Changed 42 37 28 31 34 Units Went Pending 84 92 78 83 78 Units Sold 75 83 71 80 75

Condominium Listing Inventory on February 3 2016 2017 2018 2019 2020 Listing Units 5 10 1 1 0 Average Days on Market 134 150 865 8 0 Average List Price $282,940.00 $296,180.00 $180,000.00 $199,900.00 $0.00 Average List $ / SqFt $211.06 $217.57 $140.08 $155.56 $0.00 Approximate Absorption Rate 55.00% 31.67% 258.33% 100.00% 0.00% Approximate Months Supply of Inventory 1.82 3.16 0.39 1.00 0.00 Listed (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Taken) 5 4 0 1 0 Average Original List Price $310,920.00 $257,175.00 $0.00 $199,900.00 $0.00 Average Original List $ / SqFt $220.49 $203.29 $0.00 $155.56 $0.00 Went Pending (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Went Pending) 4 3 1 0 0 Average List Price $283,674.75 $271,266.67 $369,000.00 $0.00 $0.00 Average List $ / SqFt $206.96 $207.24 $203.64 $0.00 $0.00 Average Days to Offer 68 26 203 0 0 Listed & Price Changed (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Price Changed) 0 0 0 0 0 Average Original List Price $0.00 $0.00 $0.00 $0.00 $0.00 Average Original List $ / SqFt $0.00 $0.00 $0.00 $0.00 $0.00 Sold (Year to Date) 2016 2017 2018 2019 2020 Closed Units (Sold) 4 6 0 0 3 Average Days on Market 220 51 0 0 65 Average Days to Offer 184 37 0 0 54 Average Sale Price $243,048.75 $278,615.67 $0.00 $0.00 $286,333.33 Average Sale $ / SqFt $197.97 $158.34 $0.00 $0.00 $168.91 Average List Price $240,200.00 $281,466.50 $0.00 $0.00 $286,300.00 Average List $ / SqFt $195.62 $159.70 $0.00 $0.00 $168.54 Average Original List Price $237,700.00 $287,266.67 $0.00 $0.00 $296,266.67 Average Original List $ / SqFt $193.89 $163.07 $0.00 $0.00 $174.82 Average Sale Price as % of List Price 101.19% 99% 0% 0% 100.51% Average Sale Price as % of Original List Price 103.53% 97.06% 0% 0% 97.25% Average Sale Price as % of Assessed Price N/A N/A 0% 0% 113.47% Sold Units - Short Sale 1 0 0 0 1 Sold Units - Lender-Owned 0 0 0 0 0 12-Month Activity as of February 3 2016 2017 2018 2019 2020 Units Listed 42 54 19 16 21 Units Price Changed 13 11 4 3 7 Units Went Pending 40 46 26 13 20 Units Sold 33 38 31 12 21 Multi Family Listing Inventory on February 3 2016 2017 2018 2019 2020 Listing Units 2 1 1 1 1 Average Days on Market 64 105 125 2 80 Average List Price $524,950.00 $549,900.00 $2,500,000.00 $400,000.00 $529,000.00 Average List $ / SqFt $126.87 $172.82 $500.00 $148.09 $156.00 Approximate Absorption Rate 8.33% 33.33% 66.67% 50.00% 25.00% Approximate Months Supply of Inventory 12.00 3.00 1.50 2.00 4.00 Listed (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Taken) 1 0 0 1 0 Average Original List Price $650,000.00 $0.00 $0.00 $400,000.00 $0.00 Average Original List $ / SqFt $124.95 $0.00 $0.00 $148.09 $0.00 Went Pending (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Went Pending) 0 2 0 0 1 Average List Price $0.00 $390,950.00 $0.00 $0.00 $349,000.00 Average List $ / SqFt $0.00 $141.41 $0.00 $0.00 $197.40 Average Days to Offer 0 158 0 0 68 Listed & Price Changed (Year to Date) 2016 2017 2018 2019 2020 Listing Units (Price Changed) 0 0 0 0 0 Average Original List Price $0.00 $0.00 $0.00 $0.00 $0.00 Average Original List $ / SqFt $0.00 $0.00 $0.00 $0.00 $0.00 Sold (Year to Date) 2016 2017 2018 2019 2020 Closed Units (Sold) 0 0 1 0 0 Average Days on Market 0 0 31 0 0 Average Days to Offer 0 0 17 0 0 Average Sale Price $0.00 $0.00 $484,000.00 $0.00 $0.00 Average Sale $ / SqFt $0.00 $0.00 $116.54 $0.00 $0.00 Average List Price $0.00 $0.00 $484,900.00 $0.00 $0.00 Average List $ / SqFt $0.00 $0.00 $116.76 $0.00 $0.00 Average Original List Price $0.00 $0.00 $484,900.00 $0.00 $0.00 Average Original List $ / SqFt $0.00 $0.00 $116.76 $0.00 $0.00 Average Sale Price as % of List Price 0% 0% 99.81% 0% 0% Average Sale Price as % of Original List Price 0% 0% 99.81% 0% 0% Average Sale Price as % of Assessed Price 0% 0% 110.05% 0% 0% Sold Units - Short Sale 0 0 0 0 0 Sold Units - Lender-Owned 0 0 0 0 0 12-Month Activity as of February 3 2016 2017 2018 2019 2020 Units Listed 7 12 9 8 11 Units Price Changed 1 5 4 1 3 Units Went Pending 3 8 8 6 6 Units Sold 2 4 8 6 3 Single Family  Solds / Year 2016 2017 2018 2019 2020  List Price $483,266.67 $477,340.00 $409,894.25 $532,596.17 $252,388.00  Original List Price $478,266.67 $494,320.00 $426,169.25 $550,596.17 $271,888.50  Sale Price $474,933.33 $480,280.00 $401,819.25 $529,750.00 $240,000.00  Solds / Year 2016 2017 2018 2019 2020  List $ / SqFt $193.84 $201.44 $223.85 $207.19 $213.17  Orig. List $ / SqFt $192.09 $207.21 $231.01 $214.90 $233.17  Sale $ / SqFt $190.61 $203.09 $219.75 $207.07 $205.99