Do you want to know what happened in the real estate market for single family homes and condominiums in Duxbury MA? Here is a brief overview of sales activity and inventory levels through December.
Home Sales Data for Duxbury MA 02332
12 single family homes sold in Dec 2014 vs. 20 in Nov 2014 = 40% drop
12 single family homes sold in Dec 2014 vs.13 in Dec 2013 = 7.7% drop
5 condominium homes sold in Dec 2014 vs. 2 in Nov 2014 = 150% rise
5 condominium homes sold in Dec 2014 vs 5 in Dec 2013 = 0% change
Median selling price for single family homes in Duxbury was at $467,000 in December which was down from $553,000 in November, and $550,000 in December of 2013. Median sales price for condominiums were at $285,000 which was down from $302,000 in November, and much lower than last December's high of $400,000.
Inventory Data for Duxbury MA 02332
Single Family inventory was 74 in Dec 2014 vs. 101 in Nov 2014 = 26.7% drop
Single Family inventory was 74 in Dec 2014 vs. 78 in Dec 2013 = 5.1% drop
Condominium inventory was 12 in Dec 2014 vs. 16 in Nov 2014 = 25% drop
Condominium inventory was 12 in Dec 2014 vs. 18 in Dec 2013 = 33.3% drop
Inventory levels for single family homes continued to decline significantly into January, while condominiums levels are already rising with 3 new listings.
There are a few single family homes with contingent offers, and nothing to report thus far for condominium sales. Hopefully the low interest rates will fuel demand because January is off to a very slow start!
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Copyright © by Judy Jennings - all rights reserved. - Duxbury MA Real Estate Market Report December 2014
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