5 Derby Square

5 Derby Square is a condo located in Downtown Salem, Salem.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 3 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 59 days Meaning, listings tend to sell at a median of $259 price per square foot. The transaction that took the longest to complete was unit 4, listed on Aug 11, 2015 for $334,900. This particular unit ultimately sold 59 days later for $341,000. The most recent transaction was for unit 4, which was first advertised on Aug 11, 2015, sold for $341,000 on Oct 09, 2015. Fun fact, the oldest transaction we have on record took place on Dec 01, 1982. See the full transaction history for 5 Derby Square below.

Downtown Salem, where 5 Derby Square is located, has a median asking price of $517,000 for condo buildings. Meanwhile, the building itself has a median asking price of $334,900. For interested buyers, that means the building's median asking price is around 0.35% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.