March 2011 Real Estate Market Report for Cohasset MA

By
Real Estate Agent with William Raveis Real Estate

Sold Single Family Homes Report for March 2011, Cohasset MA

Cohasset MA, once the summer playground to the likes of Clarence Barron and Hugh Bancroft.  (The both went on to from what became Dow Jones and Company, publisher of the Wall Street Journal.  To this day it is a town that attracts the financial types.  And rightly so, given the premium homes sell for in the often sought after seaside town.

There were 3 homes that closed within the month of March 2011 in the Cohasset Massachusetts real estate market. This a decrease of 4 units, as there were 7 Cohasset MA homes for sale that closed in March of 2010.

The Average list price for the homes that closed in Cohasset for March of 2010 was $841,700

The Average list price for the homes that closed in Cohasset for March of 2011 was $528,333

The Average sale price for the homes that closed in Cohasset for March of 2010 was $789,571

The Average sale price for the homes that closed in Cohasset for March of 2011 was $513,786

The Average Market time for the homes that closed in Cohasset in March of 2010 was 360 days.

The Average Market time for the homes that closed in Cohasset March of 2011 was 382 days.

There were 5 homes under agreement in Cohasset Massachusetts in the month of March. The average list price of the homes that went under agreement was $700,960. The average time on the market for these Cohasset MA homes was 283 days.

In 2010 there were 91 Single Family Real Estate transactions in Cohasset. In 2009 there were 77 Single Family Real Estate transactions.

** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Cohasset Massachusetts.

In comparing year over year longer term data for Cohasset MA, there was a trend towards more stability in market values. The average days on the market decreased significantly while prices increased.  The seven figure homes are also starting to sell in greater volume.

Cohasset remains an excellent town for both upper end time home buyers as well as those wishing to move up into the premium price ranges of the market.  Many of Cohasset neighborhoods are short walk to the beach, harbor, or village.

Below are market reports for other towns in the Cohasset area:

Selling a home in Cohasset Massachusetts or other South Shore Towns is heavily dependant on pricing your home properly and picking an agent that will create an “online market presence” for your home. As a home seller, you need to be aware that the market in Cohasset and many other South Shore communities has changed over the last five years. We are no longer in a seller’s market.

When selling a home in Cohasset MA, it pays to have a pro in your corner representing you.  In today’s market it is more important than ever to have a dominant web presence, Google me and you will see mine is second to none.  To see a quick overview of my web marketing click to see my On Line Flip Book.  Here are some Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a successful broker or not!

About the author: The above Real Estate information about the Cohasset MA Real Estate Markewas provided by Bill Tierney, a highly respected name in real estate who covers the South Shore real estate market for Virtual Homes Real Estate. Bill can be reached via email at William.Tierney@VirtualHomes.com or by phone at 617-653-1955. Bill has been a licensed real estate agent for over seven years.

Thinking of selling your home or condo? I have a passion for Real Estate and would love to share my marketing expertise! I specialize in leveraging today’s technology, such as social media, to maximize your home’s exposure.
For Massachusetts and Cohasset MA Homes for Sale and condos see Cohasset MA Real Estate For Sale.

Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder service.  I service the following towns on the South Shore: Cohasset, Hingham, Hull, Scituate, Marshfield, Norwell, Weymouth, Quincy, Duxbury, and Kingston.  Click here to view Bill Tierney’s Real Estate Profile.

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Thanks for reading my post.

Sincerely,

William "Bill" Tierney

REALTOR, William Raveis Real Estate

www.WilliamTierney.net

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