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Duxbury Homes For Sale and Sold - January 2014

By
Managing Real Estate Broker with Brad MacKenzie

665 Lincoln Street, Duxbury, January 2014 sales reportIn January 2014, Duxbury's real estate market was much more active than the previous January, with 16 closed transactions compared to five in January 2013. 

Prices paid were in line with the 2013 averages. So while prices don't seem to be rising much, properly prepared, properly priced homes are attracting willing and able buyers. There are few properties for sale, and there are prepared buyers in the market, pre-approvals in hand, looking for the right property when it hits the market.

16 single-family homes sold in December

  • up from 11 in December and 6 in January 2013
    • a list with details about each sale appears below
  • 232 homes sold in Duxbury in 2013
    • if you'd like a list of all the sales in 2013, please write me here

There are some lovely homes available in Duxbury right now

The AVERAGE

  • SALES price was $670,000 in January
    • up from $1,059,000 in December and $467,000 last January
    • the average sale price for all of 2013 was $696,000

  • LISTING price was $701,000
    • up from $1,097,000 in December and $488,000 last January
    • the average list price for all of 2013 was $726,000

  • ORIGINAL price was $745,000
    • up from $1,120,000 in December and $499,000 last January
    • the average original list price for all of 2013 was $745,000

  • AGE is 66 years (built in 1948)

665 Lincoln Street, Duxbury, January 2014 sales report

Average = total prices / number of homes. 

The MEDIAN

  • SALES price was $500,000
  • LISTING price was $483,000
  • ORIGINAL price was $483,000
  • ASSESSMENT was $393,000

Median = the home halfway down the list


The average

  • number of days on market was 155
    • up from 112 in December and 126 last January
    • the average for all of 2013 was 85 days

  • square footage was 2,472
    • down from 2,978 in December and 2,238 last January
    • the average for all of 2013 was 2,687 square feet

  • price paid per square foot was $255
    • down from $265 in December but up from $208 last January
    • the average for all of 2013 was $251 per square foot
  • home sold for about 89% of its original asking price and 94% of its last listing price
    • the average for all of 2013 was 93% of the original and 96% of the last listing price

64 single-family homes are on the market in Duxbury today

  • That's only 4 months of inventory, and remarkably low

10 new properties came on the market in January

  • inventory is falling
  • 2 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 helping people like you sell and buy homes on the South Shore in DuxburyCohassetHinghamKingstonMarshfieldNorwellPembrokePlymouth 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 HomesDuxbury Homes and Luxury Homes on the South Shore

 

Duxbury January 2014 sales report

Duxbury Homes for Sale

Numbers may be rounded to nearest thousand. The information contained in this report, Duxbury Homes For Sale and Sold - January 2014, was taken from MLS Data run on 2/6/2014 and represents all single-family home sales in Duxbury from 1/1/2014 to 1/31/2014 or the relevant period for the data presented. 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. ©2014 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.

Comments (3)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Brad - another very comprehensive market update for South Shore communities.  It's interesting to see the spike in January 2014 versus 2013 sales.  Very positive news.

Feb 05, 2014 11:28 PM
Roy Kelley
Retired - Gaithersburg, MD

This is good information for home buyers and home sellers. Enjoy a most productive February.

Feb 06, 2014 12:07 AM
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

Thanks, Michael and Roy. The market is entering a very healthy phase that's good for buyers and sellers alike.

Feb 06, 2014 12:31 AM