11/02/2026
Market Monday, in one number: 7.24%.
Freddie Mac's 30-year fixed fell for the second straight week, to 7.24% for the week ending October 29. On a $400,000 loan, that is about $2,726 a month in principal and interest.
Essex County behind the headline: median listing price $740,723, median sold price $690,000, 2,597 homes for sale, a median of 39 days on market, and sales landing at about 100% of asking.
Two ways to read that. Buyers: homes that sat while rates were higher deserve a fresh look, and some sellers of those homes are more flexible than they were in September. Sellers: 39 days is what happens to the average listing, and the ones that move faster are priced for the market we actually have.
If you want your home's number run against this market, the analysis is free and there is no pressure attached. Schedule an Appointment: https://calendar.app.google/eQ4j9bkYEqSDXPXVA
Jarvid Cortes, Your Favorite Bilingual Realtor | Keller Williams Realty Luxury, 📞 978-879-6040