Homes sold in Kingston - October 2013

In Kingston, prices have returned to last year's levels after a summer run-up (and a sale with unusual numbers last month), while the number of homes sold this month is much better than last month or last year at this time. Overall, prices in Kingston have recovered quite a bit since last year, but the retreat is likely to continue over the fall and winter, putting buyers in a position to buy quality homes at good prices.

14 single-family homes sold in October

• up from 8 last month and 8 in October 2012
• a list with details about each sale appears below

The AVERAGE

• SALES price was $418,000
  • up from $378,000 last month and $397,500 last October
• LISTING price was $430,000
  • up from $381,000 last month and $424,000 last October
• ORIGINAL price was $458,000
  • up from $390,000 last month and $446,000 last October
    
• AGE is 28 years (built in 1985)

Average = total prices / number of homes

The MEDIAN

• SALES price was $387,500
• LISTING price was $395,000
• ORIGINAL price was $395,000
• ASSESSMENT was $423,000

Median = the home halfway down the list.

The average

• number of days on market was 184
  • up from 77 last month and down from 185 last October
• square footage was 2,045
  • down from 2,069 last month and 2,215 last October
• price paid per square foot was $212
  • down from $198 last month but up from $171 last October
• homes sold for about 90% of its original asking price and 97% of its last listing price
  

102 single-family homes are on the market in Kingston today

• That's 7 months of inventory

20 new properties came on the market in October

• 11 homes are 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 

I love Turning Houses into Homes by helping people like you sell and buy homes on the South Shore

Click on a town name to see all the homes for sale in
Duxbury, Cohasset, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth and Scituate

My business is built on referrals from clients and people like you. If you know of a friend, family member or colleague who is thinking of selling or buying a home, I'd love to help. Please call or write me to arrange an introduction. I will provide professional, courteous service and knowledgeable guidance.

Call or text (339) 832-8487 or write me to sell your home, or to see any home for sale on the South Shore

Stay in touch at Brad MacKenzie Homes and Luxury Homes on the South Shore
 

Numbers may be rounded to nearest thousand. The information contained in this report, Homes sold in Kingston - October 2013, was taken from MLS Data run on 11/04/2013 and represents all single-family home sales in Kingtson 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.