The amount of competing inventory affects a property's price.If there is a lot of competing inventory, then pricing will be lower than if there is little competing inventory.The report shows the number of months it will take to sell off the current inventory of active listings if the rate of sale remains constant.Price RangeActive ListingsSold Listings3/19/2007 - 3/18/2008Months of Inventory# Listings% TotalDOM# Listings% TotalDOM$145,000 - $149,99900.00%010.66%930.0$150,000 - $199,99944.26%8953.29%789.6$200,000 - $249,9991111.70%721811.84%1007.3$250,000 - $299,9991617.02%1263623.68%855.3$300,000 - $349,9991920.21%843925.66%895.8$350,000 - $399,99988.51%852617.11%873.7$400,000 - $449,99977.45%11985.26%8610.5$450,000 - $499,9991313.83%151149.21%9211.1$500,000 - $599,9991010.64%19542.63%5... 03/18/2008

This report, downloaded from our regional MLS, shows the amount of properties for sale in the various price bands and the likely amount of time it will take for a property to sell if the rate of sales remains constant: Please mote - DOM means Days On MarketPrice RangeActive ListingsSold Listings2/19/2007 - 2/18/2008Months of Inventory# Listings% TotalDOM# Listings% TotalDOM$125,000 - $149,99900.00%020.73%1790.0$150,000 - $199,99921.06%7441.46%786.0$200,000 - $249,99994.76%92207.30%905.4$250,000 - $299,9992010.58%1123613.14%896.7$300,000 - $349,999189.52%934315.69%885.0$350,000 - $399,999136.88%1462810.22%995.6$400,000 - $449,999178.99%192228.03%1029.3$450,000 - $499,9992714.29%1603211.68%9610.1$500,000 - $599,9992312.17%1564014.60%1286.9$600,000 - $699,999136.88%115165.84%1169.8$700,000... 02/17/2008

Settled in 1629, Salem, rich in history and well known for the witch trials of 1692 was for many years a vital shipping center which developed a thriving trade with China.  Due to its historic significance, Salem thrives on its tourism and today is a comfortable suburb, unique in its architectural blend opf the different eras.Many new condominiums, elegant victorians, antique colonials as well as traditional suburban homes can be found here.The population of Salem is about 40,000 and the distance to Boston is 16 miles.  Salem is serviced by the commuter rail system.Recreation: Golf courses, parks, tennis courts, softball fields, basketball courts and the ocean-front Forest River Park pool.City Hall: 978-745-9595Regards,Jay Burnham, VPColdwell Banker Residential BrokerageNorth Shore, Mas... 06/19/2007

Welcome to the City Of Salem, MA located 18 miles of north of Boston. Settled in 1626 when Roger Conant arrived with the first settlers, Salem has been a city rich in history. Famous for the witch trials of 1692, the local economy has thrived from tourism, manufacturing, medical facilities as well as a strong presence of state and county government employment. Salem Hospital, North Shore Children's Hospital, Salem State College, Offices of Essex County Government, Salem Superior & Probate Courts are just some of the key institutions that continue to make Salem one of the hottest "hubs" north of Boston. A cultural of diversity in it's people, housing and employment opportunities makes Salem an excellcent and affordable community to live in. For more information about Salem, Massachusetts... 04/29/2007