Homes sold in Cohasset - October 2013

Some remarkable things happened in Cohasset, Massachusetts, last month. With autumn upon us, and seasonally slower sales, 6 of the 8 closed sales were for more than $1 million. The average sales price was over $2 million. This follows the previous month when 5 out of 9 home sales were for more than $1 million. 

The average list price is now $1,653,000, and the median list price is $945,000.

Three of the homes sold in October were built in the first half of the 19th century.

8 single-family homes sold in October

• down from 9 last month and up from 6 last October
• a list with details about each property appears below

The AVERAGE

• SALES price was $2,082,000
  • up from $1,036,000 last month and $512,000 last October
    
• LISTING price was $2,315,000
  • up from $1,141,000 last month and $540,000 last October
    
• ORIGINAL price was $2,475,000
  • up from $1,240,000 last month and $554,000 last October
    
• ASSESSMENT was $1,609,000
  
  
• AGE is 83 years (built in 1930)

Average = total prices / number of homes

The MEDIAN

• SALES price was $2,140,000
  
• LISTING price was $2,295,000
  
• ORIGINAL price was $2,295,000
  
• ASSESSMENT was $1,653,000

Median = the home halfway down the list

The average

• number of days on market was 130
  • up from 126 last month and 187 last October
• square footage was 4,300
  • up from 3,461 last month and 1,950 last October
• price paid per square foot was $460
  • down from $290 last month $276 last October
• home sold for about 84% of its original asking price and 90% of its last listing price
  

91 single-family homes are on the market in Cohasset today

• That's 11 months of inventory, and slowly rising

11 new properties came on the market in October

• inventory is rising while sales are slowing
  

Mortgage interest rates are trading around 4 1/4%

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

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

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Numbers may be rounded to nearest thousand. The information contained in this report, Homes sold in Cohasset - October 2013, was taken from MLS Data run on 10/04/2013 and represents all single-family home sales in Cohasset from 10/01/2013 to 10/31/2013. 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.