Scituate Homes for Sale and Sold - January 2014

Scituate, Massachusetts, home sales were a bit soft, compared to recent averages, last month.

Buyers are paying more to buy in Scituate than they were last year, but slightly less on a per-square-foot basis.

11 single-family homes sold in Scituate in January

• Down from 16 in December and 16 last January
  • A detailed list about each sale appears below

The current list of homes available in Scituate is at Scituate homes for sale

The AVERAGE

• SALE price was $519,000
  • down from $598,000 in December, but up from $459,000 last January
    
    
• LISTING price was $538,000
  • down from $683,000 in December, but up from $479,000 last January
    
    
• ORIGINAL price was $551,000
  • down from $708,000 in December, but up from $498,000 last January
    
    
• AGE is 61 years (built in 1953)
  

Average = total prices / number of homes

The MEDIAN

• SALE price was $491,000
• LISTING price was $510,000
• ORIGINAL price was $520,000
• ASSESSMENT was $521,000

Median = the home halfway down the list

The average

• number of days on market was 95
  • down from 100 in December and 143 last January
    
    
• square footage was 2,490
  • up from 2,341 in December and 2,035 last January
    
    
• price paid per square foot was $219
  • down from $251 in December and $237 last January
    
    
• home sold for about 94% of its original asking price and 96% of its last listing price

66 single-family homes are on the market in Scituate today

• That's 6 months of inventory

10 new properties came on the market in January

• 38 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
• At 5.0%, the payment would be $536
• At 5.5%, the payment would be $568
  • If interest rates rise 1.0% this year, 30-year mortgages would cost 12% more

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
Duxbury, Cohasset, Hingham, Kingston, Marshfield, Norwell, Pembroke, Plymouth 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

Numbers may be rounded. The information contained in this report, Scituate Homes for Sale and Sold - January 2013, was taken from MLS Data run on 2/04/2014 and represents all single-family home sales in Scituate from 1/1/2014 to 1/31/2014. 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.