Homes sold in Cohasset - November 2013

By
Managing Real Estate Broker with Brad MacKenzie
https://activerain.com/droplet/47VB

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

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

 

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.

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Rainmaker
1,204,869
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 #1
Rainmaker
3,678,385
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 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 #2
Rainer
405,708
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 #3
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Rainer
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Brad MacKenzie

Turning Houses into Homes on the South Shore
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