Homes sold in Scituate - November 2013

Managing Real Estate Broker with Brad MacKenzie

3 Aberdeen, ScituateIn Scituate, Massachusetts, while the number of sales is typical for this time of year, both the sales prices and prices paid per square foot have advanced solidly in the past year.

The homes that are selling have been on the market for a short period of time, but have still sold for only 90% of their original asking price, suggesting that the sellers who succeeded in selling were motivated to sell now, in the winter months, and may have realized that their "late-summer pricing" wasn't generating buyer interest. No home that sold was on the market for seven months, and most sold in less than five months.

Buyers are paying more to buy in Scituate than they were last year. With many homes under agreement, total sales activity has been high, and the supply of homes is tightening somewhat.

13 single-family homes sold in Scituate in November

  • Up from 12 last month, but down from 18 last November
  • A detailed list about each sale appears below

There are many lovely homes available in Scituate right now 


  • SALE price was $605,000
    • down from $853,000 last month*, but up from $512,000 last November

  • LISTING price was $639,000
    • up from $893,000 last month and $542,000 last November

  • ORIGINAL price was $667,000
    • up from $894,000 last month and $562,000 last November

  • AGE is 63 years (built in 1950)

    *N.B.: Last month's averages were skewed upwards by a single sale for $4.15 million, while this months' figures do not include a property auctioned (and repurchased by the mortgagor) for $1.175 million
    100 Clapp, Scituate Homes sold November 2013

Average = total prices / number of homes


  • SALE price was $620,000
  • LISTING price was $615,000
  • ORIGINAL price was $640,000
  • ASSESSMENT was $553,000

Median = the home halfway down the list

The average

  • number of days on market was 100
    • up from 40 last month and 95 last November
  • square footage was 2,233
    • down from 2,564 last month, but up from 1,991 last November
  • price paid per square foot was $283
    • down from $291 last month, but up from $258 last November
  • home sold for about 90% of its original asking price and 94% of its last listing price

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

  • That's 6 1/2 months of inventory

16 new properties came on the market in November

  • 31 homes are under agreement or contingent

Mortgage interest rates are trading around 4 1/2%

  • At 4.5%, the monthly payment per $100,000 of principal loan amount is $506



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Scituate sales November 2013

Numbers may be rounded to nearest thousand. The information contained in this report, Homes sold in Scituate - November 2013, was taken from MLS Data run on 12/04/2013 and represents all single-family home sales in Scituate 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.

Comments (7)

Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

excellent market report to showcase to your sellers to the area as well as to buyers looking for a new home!

Feb 06, 2014 08:19 AM
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

Jeez, this is my previous post -- for November, from December 2013! The new post, covering January is the one that should be appearing here!

January 2014 - Scituate

Feb 06, 2014 09:07 AM
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

Feb 06, 2014 09:08 AM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Brad...Nice report, lots of Good information here for home Buyers and Sellers. You certainly know what is going on with Real Estate on the South Shore.

Cheers, have a fun and successful week!

Feb 06, 2014 10:06 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Brad - I like how you explained the numbers -- it's important for buyers and sellers to know the nuances of a neighborhood, community or city.   

Feb 06, 2014 01:49 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Very comprehensive report Brad. The December report may be down too but holidays and weather have so much to do with it.

Feb 07, 2014 12:33 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL

Brad - Another great real estate market report for Scituate homes.

Feb 12, 2014 10:48 AM