I always have the same reaction to the monthly home sales figures for Plymouth: Thank God I’m not trying to buy my first house or condo. Consider that of the 95 closings in August, 15 went for more than $1 million.
That compares with 82 total sales in July and is similar to the figure for the August 2024, says Leon Lopes of Compass Real Estate. As evidence of continuing strong buyer demand, Lopes says, 48 homes sold at or above asking price last month, with one oceanfront property fetching $200,000 more than the seller had initially sought.
The median sales price townwide was just shy of $700,000. The average price – a number that can be skewed by a few high-end transactions – was $758,000. Either way, it’s a lot of money for someone seeking to enter the real estate market.
“Affordability” is relative to location and a potential buyer’s financial status, but for younger people, the only sound way to buy a home is by piling up a big down payment and, ideally, secure a 15-year fixed rate mortgage. With rising prices of almost everything else – including food, utilities, and insurance – setting aside money for a home has never been so challenging.
According to the real estate industry site Realtor.com, “younger buyers, already struggling to get a foothold, are finding the odds stacked against them.” Yup.
In fact, only about 36 percent of people under age 35 are home owners, reports the National Association of Home Builders. “In Massachusetts, tight inventory and steep prices make that milestone even harder to reach,” it says.
In July 2019, nearly half of all homes for sale in the state — about 8,600 listings — were priced below $500,000, according to Realtor.com. In July, only 22 percent were on the market for under a half million dollars.
The number of homes for sale has also fallen statewide. Massachusetts had about 18,000 listings six years ago. Today, it’s less than 12,000.
As expected, the Federal Reserve on Wednesday cut its benchmark interest rate by a quarter percent, which should lead to a modest reduction in mortgage rates (The two are not directly connected). But the Fed will have to balance future cuts against the possibility of inflation re-igniting, so prospective buyers shouldn’t hold off solely on the premise that bargain basement interest rates will make a comeback.
While inventory is still low, most homes that go up for sale are turning over relatively quickly so far this year. The average days on market for a single-family homes has been 48, compared with 36 in 2024. Condominiums are on the market for an average of 64 days compared with 63 last year.
Here’s a list of August home sales in Plymouth, from the highest to lowest price:
8/14/2025 – 10 Stones Throw – $2,450,000
8/13/2025 – 54 Harlows Lndg – $2,195,000
8/15/2025 – 176 Black Cat Rd – $1,375,000
8/20/2025 – 35 Priscilla Beach Rd – $1,362,500
8/4/2025 – 27 Pine Cobble – $1,300,000
8/22/2025 – 91 Manomet Ave – $1,300,000
8/26/2025 – 178 Westerly Rd – $1,262,500
8/15/2025 – 36 Overlook Cir – $1,175,000
8/18/2025 – 1 Morton Park Rd – $1,150,000
8/19/2025 – 104 Shallow Pond Ln – $1,100,000
8/7/2025 – 31 Firefly Pt – $1,077,768
8/11/2025 – 3 Clifford Rd – $1,060,000
8/26/2025 – 46 Sandwich Rd Unit 4 – $1,039,000
8/29/2025 – 56 Goldfinch Ln – $1,000,000
8/26/2025 – 116 Fairview Ln – $1,000,000
8/4/2025 – 51 Tinkers Blf – $999,999
8/21/2025 – 46 Sandwich Rd Unit 41 – $985,000
8/14/2025 – 29 Firefly Pt – $958,960
8/22/2025 – 93 Hollis Rd – $930,000
8/20/2025 – 6 Hickorywood – $910,000
8/21/2025 – 27 Firefly Pt – $907,447
8/28/2025 – 7 Sunrise Ave – $900,000
8/27/2025 – 11 Nautical Way – $898,000
8/8/2025 – 163 Sandwich St – $895,000
8/14/2025 – 40 Canoe Lndg – $890,525
8/19/2025 – 100 Shallow Pond Ln – $879,900
8/5/2025 – 7 Fore Ct – $875,000
8/27/2025 – 407 Raymond Rd – $850,500
8/14/2025 – 18 Cochituate Rd – $845,000
8/27/2025 – 1 Pine Needle Ln – $835,000
8/7/2025 – 15 Pimental Way – $830,000
8/14/2025 – 13 Muirfield – $825,000
8/8/2025 – 134 Court St Unit 11 – $819,000
8/28/2025 – 11 Great Pointe – $800,000
8/29/2025 – 18 Noreast Ln – $785,000
8/25/2025 – 25 Deirdra Dr – $782,500
8/8/2025 – 6 Ardmore Ln – $775,500
8/28/2025 – 76 Court St Unit 12 – $775,000
8/15/2025 – 12 Summersweet Cir – $765,300
8/22/2025 – 20 Hatherly Rise – $765,000
8/7/2025 – 13 Clyfton St – $760,000
8/8/2025 – 24 Lotus Dr – $750,000
8/11/2025 – 17 Cross Wind – $747,500
8/14/2025 – 33 Inkberry Ln – $733,000
8/21/2025 – 3 Murray St – $720,000
8/25/2025 – 76 Scarlet Dr – $700,000
8/26/2025 – 4 Pepperbush – $699,900
8/29/2025 – 5 Sunrise Ave – $695,000
8/1/2025 – 39 Sanderson Dr – $690,000
8/7/2025 – 114 Halfway Pond Rd – $675,000
8/26/2025 – 28 Davis St – $675,000
8/7/2025 – 111 Esta Rd – $665,000
8/8/2025 – 60 Lisa Ave – $650,000
8/18/2025 – 8 Joyce Dr – $650,000
8/29/2025 – 231 Lunns Way – $650,000
8/26/2025 – 2 Mountain Laurel Way – $645,000
8/1/2025 – 8 Santo St – $640,500
8/29/2025 – 47 Bourne Rd – $632,000
8/13/2025 – 40 Jan Marie Dr – $625,000
8/4/2025 – 20 Carver Rd – $620,000
8/22/2025 – 4 Jester Way – $615,000
8/6/2025 – 544 Lunns Way – $602,000
8/18/2025 – 33 Boot Pond Rd – $600,000
8/22/2025 – 29 Highland Ter Unit 2903 – $600,000
8/21/2025 – 18 South St – $600,000
8/18/2025 – 80 Old Field Rd – $595,000
8/1/2025 – 275 Carver Rd – $589,000
8/18/2025 – 407 Court St – $565,000
8/26/2025 – 40 Provincetown View Rd – $565,000
8/6/2025 – 20 Sunflower Way – $559,900
8/21/2025 – 4 Brookside Ave – $550,000
8/22/2025 – 40 Hawley Ave – $544,000
8/22/2025 – 1102 State Rd – $540,000
8/5/2025 – 24 Lantern Ln – $537,000
8/22/2025 – 7 Fellowship Cir – $530,500
8/1/2025 – 1710 State Rd – $530,000
8/22/2025 – 22 Grandview Dr – $513,080
8/21/2025 – 54 Tupper Hill Rd – $510,000
8/15/2025 – 6 Cooper St – $505,000
8/28/2025 – 51 Blissful Meadow Dr – $505,000
8/12/2025 – 19 Fresh Pond Cir – $495,000
8/5/2025 – 96 Esta Rd – $494,000
8/19/2025 – 150 Red Brook Rd – $475,000
8/14/2025 – 17 Juniper St – $469,000
8/22/2025 – 24 Highland Ter Unit 2404 – $465,000
8/28/2025 – 25 Bradford St – $465,000
8/4/2025 – 29 Coral St – $445,000
8/29/2025 – 1 Shaw Ct – $395,000
8/14/2025 – 5 Saint Charles Ave – $375,000
8/25/2025 – 28 Westcliff Dr – $355,000
8/29/2025 – 6 Marc Dr Unit 6A9 – $330,000
8/27/2025 – 7 Marc Dr Unit 7B6 – $315,000
8/18/2025 – 3 Chapel Hill Dr Unit 6 – $305,000
8/27/2025 – 19 Chapel Hill Dr Unit 9 – $300,000
8/27/2025 – 207 Samoset St Unit A3 – $230,000
Mark Pothier can be reached at mark@plymouthindependent.org.