The summer heat seems to have raised the temperature of Plymouth’s real estate market. Last month, 137 homes sold across town, a significant bump up from the 86 closings in May. That’s according to data from the Warren Group, a Boston-based real estate tracking firm. It’s difficult to pinpoint why so many more homes exchanged […]
Category: Real Estate Sales
Posted inReal Estate Sales
Plymouth home sales held steady in May
Stop me if you’ve heard this one before: The Plymouth real estate market last month yielded a modest number of sales while prices remained high. The May numbers are the latest in an extended low-inventory cycle partly caused by existing homeowners’ reluctance to part with historically low fixed-rate mortgages, as well as general jitters about […]
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Of the 87 homes sold in town last month, 43 went at or above asking price
If you’ve got the money or equity to hunt for a new home in town, expect to run into plenty of similarly minded people at open houses. While the cost of homeownership in Plymouth is rapidly catching up to some of its northern neighbors, higher prices are not deterring buyers of means. The most coveted […]
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There are 84 houses for sale in town. Thirty-seven are priced at $1 million or more.
This week’s cool temperatures are a reminder of spring’s fickle nature in New England. But to the relief of real estate brokers, weather doesn’t necessarily correlate with activity in the local housing market this time of year. It comes as no surprise that home sales in Plymouth rose last month following a frigid February. Sixty-two […]
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Just 42 homes sold in Plymouth last month
There’s no way to take the chill off this: Last month’s local real estate market was in a deep freeze. No, it wasn’t because of the February blizzard – the effects of that storm on home sale closings won’t show until April or May – but the snow and cold certainly didn’t help motivate people […]
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Cold, snowy winter adds an extra chill to the real estate market
As Mick Jagger once sang, “It’s sure been a long, cold winter.” And that’s not conducive to buying or selling a home. But people who are looking to cut a deal this time of year are generally “motivated” – they need or want to sell for a variety of reasons. So while there may not […]
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Will lower interest rates spark Plymouth’s real estate market?
Mortgage rates last week fell to their lowest level in more than three years, with 30-year loans averaging just over 6 percent and a 15-year note at about 5.4 percent. It’s a welcome turn for prospective buyers pacing the sidelines. Cheaper borrowing may also nudge homeowners who would want to move but have been reluctant […]
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No surprise: Pinehills deals topped November home sales
As the town seeks to fend off a looming budget crunch, November’s home sales numbers serve as a reminder of why Pinehills taxpayers are so important for Plymouth’s fiscal stability. Of the eight sales that topped $1 million last month, six were in the upscale neighborhood that collectively is the town’s largest source of tax […]
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Plymouth home sales ticked up in October
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 […]
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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 […]