Do you want to know what happened in the real estate market in Duxbury MA last month? Here is a brief overview of single family home and condominium sales activity, along with inventory and some pricing information for December 2014.

Home Sales Data for Duxbury MA 02332

12 homes sold in Dec 2014 vs. 20 in Nov 2014 = 40% drop
12 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

SF unit sales Dux Dec 14 Cond Unit Sales Dec 14

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 Duxbury Dec 14  Inventory Duxbury Condo Dec 14

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