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Homes sold in Cohasset - November 2013

By
Managing Real Estate Broker with Brad MacKenzie

40 Hobart Lane, Cohasset, sold November 2013Home sales in Cohasset, Massachusetts, are humming right along. Cohasset has seen a very large increase in average prices, as high-value homes have begun to sell, rapidly, this year. 

Half the closed sales were for more than $1 million. Some very large homes sold, at very substantial prices per square foot. These are quick sales, with no sale taking longer than a year, and most in less than three months.

10 single-family homes sold in November

  • up from 8 last month, but down from 11 last November
  • a list with details about each property appears below

There are many lovely homes available in Cohasset right now

The AVERAGE

  • SALES price was $1,420,000
    • down from $2,082,000 last month, but up from $606,000 last November
  • LISTING price was $1,524,000
    • down from $2,315,000 last month, but up from $620,000 last November
  • ORIGINAL price was $1,560,000
    • down from $2,475,000 last month, but up from $641,000 last November
  • AGE is 43 years (built in 1970)

Average = total prices / number of homes

131 Atlantic Avenue, Cohasset, sold October 2013
The MEDIAN

  • SALES price was $1,075,000
  • LISTING price was $1,150,000
  • ORIGINAL price was $1,150,000
  • ASSESSMENT was $510,000

Median = the home halfway down the list


The average

  • number of days on market was 101
    • down from 130 last month and 104 last November
  • square footage was 3,855
    • down from 4,300 last month, but up from 2,269 last November
  • price paid per square foot was $333
    • down from $460 last month, but up from $274 last November
  • home sold for about 90% of its original asking price and 94% of its last listing price

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

  • That's 7 months of inventory, and getting rather low
  • 29 homes are now contingent or under agreement

7 new properties came on the market in November

Mortgage interest rates are trading around 4 1/2%

  • 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
DuxburyCohassetHinghamKingstonMarshfieldNorwellPembrokePlymouth 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

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Cohasset sold November 2013

Numbers may be rounded to nearest thousand. The information contained in this report, Homes sold in Cohasset - November 2013, was taken from MLS Data run on 12/04/2013 and represents all single-family home sales in Cohasset from 11/01/2013 to 11/30/2013. 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.

Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Brad, That is a nice market report!  Good to see the high end homes move.  Have a great day!

Dec 09, 2013 11:51 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Brad -- great information for both Cohasset home owners thinking of selling as well as prospective buyers.   I like how you give detailed information for each home sale.   

Dec 10, 2013 06:50 AM
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

Thanks Tony & Darcy and Michael. Cohasset is a very small market with an interesting variety of homes.

Dec 10, 2013 08:38 AM