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 March, the Warren Group reported. That was only nine more than February, a traditionally slow month. Of those March transactions, more than homes 20 sold above the listing price, according to broker Leon Lopes of Compass Real Estate. That’s mostly because of a now familiar problem: More demand than there are homes on the market, especially for those in the most desirable parts of town.
The average sale price was $692,557, a number that skews higher because of properties in the Pinehills community changing hands.
Some homes are going under agreement in a week or less, Lopes said, and open houses have been well-attended, so for some sellers all is well.
But there’s an economic shadow on the horizon that could develop into a storm – a tariff-induced roiling of financial markets. Prospective homebuyers who are watching their retirement and brokerage account lose value – even if it’s temporary, might feel nervous about committing to a home purchase right now.
Relatively high mortgage interest rates aren’t helping, either. Homeowners locked into historically low rates don’t have much incentive to put their property up for sale, unless they plan to buy a new home with cash. Given today’s prices, they make up a small segment of sellers.
Trepidation over what President Trump might do day-to-day might partially account for Thursday’s dour report on home sales from the National Association of Realtors. Sales of existing homes nationwide dropped 5.9 percent in March – to a seasonally adjusted annual rate of 4.02 million – compared with February and declined by 2.4 percent compared with the same month in 2024. Translation: More sellers and prospective buyers are staying on the sidelines.
Most alarming: It was the slowest March since 2009, when the country was in the throes of a financial crisis set off by rampant subprime lending.
Here’s a list of March sales and prices, from high to low.
Mark Pothier can be reached at mark@plymouthindependent.org.
March 2025 Plymouth Home Sales
3/24/2025 – 21 Hearthstone – $1,300,000
3/31/2025 – 19 Shutter Latch – $1,250,000
3/6/2025 – 39 Bentgrass Mist – $1,180,000
3/21/2025 – 5 Barnes Ln – $1,100,000
3/28/2025 – 25 Snapping Bow – $1,100,000
3/14/2025 – 28 Outlook E – $1,010,227
3/6/2025 – 50 Kestrel Hts – $997,995
3/6/2025 – 26 Outlook E – $984,094
3/24/2025 – 15 Muirfield – $955,000
3/18/2025 – 15 Future Way – $930,000
3/27/2025 – 41 Cottage Cv – $875,000
3/28/2025 – 28 White Clover Trl – $863,000
3/6/2025 – 5 Beatrice Ave – $855,000
3/31/2025 – 9 Ludlow Trl – $850,000
3/31/2025 – 1 Allen Dr – $835,000
3/18/2025 – 4 Stephens Ln – $825,000
3/11/2025 – 51 Mountain Hill Rd – $810,000
3/21/2025 – 8 Southview Way – $790,000
3/21/2025 – 134 Court St – $780,000
3/24/2025 – 8 Greenbrier Ct – $750,000
3/26/2025 – 17 Belltree – $742,500
3/26/2025 – 32 Summersweet – $729,900
3/27/2025 – 5 Warren Ave – $710,000
3/18/2025 – 88 Kathleen Dr – $675,000
3/21/2025 – 137 Boatwrights Loop – $670,000
3/6/2025 – 201 Long Pond Rd – $660,000
3/17/2025 – 16 Pequot Ter – $654,900
3/20/2025 – 50 Daisy Ln – $649,900
3/20/2025 – 16 Mountain Laurel Way – $649,900
3/13/2025 – 2 Black Cat Rd – $625,000
3/14/2025 – 500 Lunns Way – $600,000
3/6/2025 – 30 Harmony Ln – $590,000
3/18/2025 – 28 Oak St – $590,000
3/11/2025 – 62 Liberty St – $589,000
3/28/2025 – 8 Hydrangea Ln – $577,900
3/21/2025 – 9 Liberty St – $567,500
3/17/2025 – 21 Brooks Ln – $560,000
3/28/2025 – 57 Stafford St – $554,350
3/18/2025 – 51 Justine Ave – $543,000
3/5/2025 – 74 Crabtree Rd – $540,000
3/10/2025 – 14 Pearl St – $515,000
3/25/2025 – 62 Mariners Way – $500,000
3/4/2025 – 27 Nicks Rock Rd – $452,534
3/28/2025 – 13 S Meadow Rd – $440,000
3/7/2025 – 12 Tall Pines Rd – $435,000
3/20/2025 – 55 Jasons Ln – $430,000
3/25/2025 – 25 Sanderson Dr – $415,000
3/21/2025 – 62 Jan Marie Dr – $411,500
3/20/2025 – 20 Centerville Way – $390,000
3/17/2025 – 77 Buzzards Bay Dr – $360,000
3/25/2025 – 7 Marc Dr – $330,000
3/20/2025 – 913 State Rd – $257,000
3/19/2025 – 10 Mohawk Cir – $250,350