With the approach of winter, home sales go into semi-hibernation. At least, that’s what has happened historically. But in recent years the market – like winter weather – has defied traditional patterns. With demand outstripping supply, prices rising, and many homeowners staying put because they’re reluctant to forfeit a super-low mortgage rate, predicting market trends […]
Category: Real Estate Sales
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More – but still not enough – homes are on the market in Plymouth
The local real estate market is sending mixed messages. So what else is new? More homes are going on the market in Plymouth, and it’s taking a bit longer for some of them to sell. But at the same time, of the 89 sales in September, more than half – 53 – closed at or […]
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Fifteen Plymouth homes sold for more than $1m last month
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 […]
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Plymouth home sales remained flat in July
When will the Federal Reserve start cutting interest rates again? Probably in September, which can’t come soon enough for President Trump, who has berated and threatened Fed chair Jerome Powell for not already acting. The question of when rates will be lowered hovers over the residential real estate market, here and across the country. A […]
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Plymouth’s real estate market remains stuck
This summer’s local housing market isn’t as hot as the weather. Just three more homes were sold in June than in May – 91 compared with 88, according to the Warren Group, a regional real estate tracking firm. Both numbers are far below the last peak in 2019, even though inventory (the number of properties […]
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Plymouth home sales ticked up in May
The weather’s warmed up, but how about the local real estate scene? Don’t sweat it – the May numbers are in, and it looks like the temperature is rising. While one month doesn’t mean a market heatwave is upon us – demand still outstrips supply – the increased buzz might be an early sign of […]
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Take a look at the latest Plymouth home sales numbers
April is the month when the weather’s supposed turn milder and the real estate market heats up. Both things happened – to a degree – but buying and selling homes in Plymouth, as in most communities around the state, continues to be challenging. With inventory ever-tight, year-over-year sales remained essentially stagnant – 67 homes were […]
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Plymouth’s spring housing market struggles to bloom
The spring housing market isn’t what it used to be – meaning pre-pandemic days – but there was a fair amount of activity locally last month despite chronically depleted inventory, according to the latest figures from real estate tracking firm the Warren Group. There were 53 sales of single-family homes and condominiums in Plymouth during […]
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‘Plymouth real estate remains hot’
The spring housing market, traditionally pitched by the real estate industry as a “great time” to buy and sell – isn’t it always? – is upon us. That angle has dulled somewhat in recent years with the number of homes for sale dwindling amid ever-rising prices, but the season still matters and serves as a […]
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January freeze: Just 38 properties sold in town last month
January isn’t exactly prime time for buying or selling a house, for obvious reasons, one of them being the weather. (Are you ready for the predicted weekend storm?) Nonetheless, there are buyers and sellers out there, with the latter still holding the advantage because of stubbornly low inventory. At the same time, many Plymouth homeowners […]