Plymouth County luxury market update for the first half 2013

Plymouth County luxury market update for the first half of 2013

My Luxury Homes on the South Shore (L-HOSS) page presents many of the luxury homes on the South Shore that I like. Here I present a summary of the sales activity in the market for homes priced at $1,250,000 and higher during the first six months of 2013 in Plymouth County and Cohasset, and a summary of the activity on the homes I covered on my L-HOSS page.

39 single-family homes sold in the Plymouth County and Cohasset luxury home market in the first half of 2013.

The average

- SALES price was $1,686,000

- LISTING price was $1,813,000

- ORIGINAL price was $1,902,000

- ASSESSMENT was $1,452,000

- Number of days on market (DOM) was 177

- Number of square feet in these homes is 4,662

- Price paid per square foot was $384

List prices came down 11% from the original price to the final sales price, and 7% from the last listing price before the sale. 

There were 155 single-family luxury homes on the market in Plymouth County and Cohasset at the end of June. That's 24 months of inventory. The active listings have an average price of $2,334,000, an average of 168 DOM, and an average price per square foot of $502.

Of the 21 luxury homes I wrote blog posts about in the first half of 2013,

4 houses sold

• 52 Crooked Lane in Duxbury sold for $1,400,000 after 28 DOM
• 7 Seabury Point in Duxbury sold for $1,200,000 after 415 DOM
• 104 Surplus Street in Duxbury sold for $1,200,000 after 109 DOM
• 177 Pleasant Street in Norwell sold for $1,675,000 after 86 DOM

2 houses are under agreement

• 94 Otis Street in Hingham was listed for $1,895,000 after 430 DOM
• 403 Main Street in Hingham was listed for $1,269,000 after 156 DOM

1 house is no longer on the market

• 307 Bay Road in Duxbury is off the market after being listed for $2,500,000 for 122 days

6 houses have had price reductions and remain unsold

• 2 Tyler's Way in Lakeville was relisted with a new agent after 340 DOM. The price has been reduced $5,000 to $1,690,000
• 12 Ringbolt Road in Hingham has had a price reduction from $1,999,000 to $1,765,000 and has 122 DOM
• 58 King Caesar Road in Duxbury has had a price reduction from $2,950,000 to $2,625,000 and has 239 DOM
• 160 Crescent Street in Duxbury has had a price reduction from $2,622,000 to $2,375,000 after DOM
• 370 River Road in Norwell has had a price reduction from $1,349,000 to $1,290,000 after 50 DOM
• 618 Jerusalem Road in Cohasset has had a price reduction to $1,175,000 from $1,275,000 after 200 DOM

8 houses are unsold

• 1 Steamboat Lane in Hingham is offered at $3,750,000 after 450 DOM
• 58 Tara Drive in Norwell is offered at $1,749,000 after 50 DOM
• 81 Hornbeam Road in Duxbury is offered for $3,495,000 after 400 DOM
• 87 Ellisville Road in Plymouth is offered for $1,595,000 after 600 DOM
• 131 Atlantic Avenue in Cohasset is offered for $3,750,000 after 15 DOM
• 201 Pleasant Street in Norwell is offered for $2,400,000 after 70 DOM
• 365 Jerusalem Road in Cohasset is offered for $4,950,000 after 135 DOM
• 369 Jerusalem Road in Cohasset is offered for $5,749,000 after 115 DOM

Contact me to sell your home or to arrange a private showing of any home for sale on the South Shore.

View all the homes for sale on the South Shore of Massachusetts at South Shore homes for sale.

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Numbers rounded to nearest thousand. The information contained in this Plymouth County luxury market update for the first half of 2013 was taken from MLS Data run on 07/03/2013 and represents all single-family sales in Scituate from 01/01/2013 to 06/30/2013. It is deemed reliable but cannot be guaranteed. If you, as a seller or as a buyer, are currently under a written contract to use another broker exclusively then please disregard this notice. It is not our intention to solicit other real estate broker’s clients. We are happy to work with them and cooperate fully. ©2013 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Employer. Equal Housing Opportunity. Owned and operated by NRT, LLC.