Homes sold in Plymouth - September 2013

In Plymouth, Massachusetts, the busy summer home buying season is over. Average sales prices have fallen back after a summer surge, fewer homes are selling, and there are more homes on the market.

56 single-family homes sold in Plymouth in August

• down from 69 last month and 86 in July, but up from 41 last September
• A list with details about each sale appears below

The AVERAGE

• SALE price was $312,000
  • down from $359,000 last month, $321,000 in July and $338,000 last September
• LISTING price was $326,000
  • down from $369,000 last month and $349,000 last September
• ORIGINAL price was $335,000
  • down from 374,000 last month and $364,000 last September
• ASSESSMENT was $294,000
• AGE is 48 years (built in 1965)

Average = total prices / number of homes

The MEDIAN

• SALE price was $305,000
• LISTING price was $305,000
  
• ORIGINAL price was $305,000
  
• ASSESSMENT was $305,000

Median = the home halfway down the list

The average

• number of days on market was 116
  • up from 76 last month and 102 last September
    
• square footage was 1,849
  • down from 1,960 in August and 1,939 last September
• price paid per square foot was $177
  • down from $185 last month and $182 last September
    
• home sold for about 93% of its original asking price and 96% of its last listing price

340 single-family homes are on the market in Plymouth today

• That's 6 months of inventory, and climbing

70 new properties came on the market in September

• 46 properties are currently under agreement or contingent

Mortgage interest rates are trading around 4 1/4%

• At 4.5%, the monthly payment per $100,000 of principal loan amount is $506

In Plymouth, the fall market has set in, to the disadvantage of sellers. There have been only a few sales at or above list price, and even fewer multiple offers, and there are several homes that have had significant price reductions before selling.

Prices are back down after a summer surge. Buyers have several options in every price range. With a pre-approval in hand, prepared buyers should be able to buy the home they want when it comes on the market.

I love helping people like you sell and buy homes on the South Shore, quickly and for the best price, in Duxbury, Cohasset, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional, courteous service and knowledgeable guidance.

Contact me to sell your home, or to see any home for sale on the South Shore
Stay in touch at Brad MacKenzie Homes, Duxbury Homes and Luxury Homes on the South Shore

Numbers may be rounded to nearest thousand. The information contained in this report, Homes sold in Plymouth - September 2013, was taken from MLS Data run on 10/04/2013 and represents all single-family home sales in Plymouth from 09/01/2013 to 09/30/2013. It is deemed reliable but cannot be guaranteed. 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.