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Homes sold in Duxbury - October 2013

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Managing Real Estate Broker with Brad MacKenzie

Homes sold in Duxbury - October 2013

Homes sold in Duxbury October 2013In Duxbury, six homes sold for more than $1 million in October. Five homes sold for more than the asking price, and one sold at the asking price. There are prepared buyers in the market, pre-approvals in hand, looking for the right property to come up for sale. 

20 single-family homes sold in October

  • up from 12 in September and 10 in October 2012
  • a list with details about each sale appears below

The AVERAGE

  • SALES price was $834,000
    • up from $615,000 in September and $639,000 last October
  • LISTING price was $874,000
    • up from 641,000 in September and $673,000 last October
  • ORIGINAL price was $915,000
    • up from $648,000 in September and $729,000 last October
  • ASSESSMENT was $690,000
  • AGE is 79 years (built in 1934)

Average = total prices / number of homes. October 2012 had an unusually high percentage of high-priced sales

Homes sold in Duxbury - October 2013
The MEDIAN

  • SALES price was $633,000
  • LISTING price was $680,000
  • ORIGINAL price was $680,000
  • ASSESSMENT was $538,000

Median = the home halfway down the list


The average

  • number of days on market was 95
    • up from 52 in September and down from 128 last October
  • square footage was 2,720
    • down from 2,697 in September and 2,420 last October
  • price paid per square foot was $284
    • up from $227 in September and $275 last October
  • homes sold for about 92% of its original asking price and 96% of its last listing price

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

  • That's only 4 1/2 months of inventory

10 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 helping people like you sell and buy homes on the South Shore, quickly and for the best price, 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 Homes Sold October 2013


Numbers may be rounded to nearest thousand. The information contained in this report, Homes sold in Duxbury - October 2013, was taken from MLS Data run on 11/03/2013 and represents all single-family home sales in Duxbury 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.

Comments(3)

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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Nice job with your report Brad, it's easy to understand.  You certainly know and understand your market very well.

Nov 02, 2013 08:50 PM
Sondra Meyer:
EXP Realty, LLC - Corpus Christi, TX
See It. Experience It. Live It.

Hi Brad,

This is a very informative market report about the Duxbury, MA.   In my opinion, it sounds like buyer would be wise to purchase  sooner rather than later due to the price increases. 

Potential sellers should call you if they are ready to move. 

Nov 02, 2013 11:58 PM
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

Thanks, Joe. That's my intent, so I'm glad it's working for you.  I believe people need context, not just raw data.  I'm trying to be concise yet informative.

Thanks, Sondra. Your feedback helps me see that I'm hitting my "informative" target. 

Nov 03, 2013 01:34 AM