Do you want to know what happened in the real estate market in Plymouth 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 Plymouth MA 02360

57 single family homes sold in Dec 2014 vs. 51 in Nov 2014 = 10.5% rise
57 single family homes sold in Dec 2014 vs. 54 in Dec 2013 = 5.3% rise

12 condominium homes sold in Dec 2014 vs. 16 in Nov 2014 = 25% drop
12 condominium homes sold in Dec 2014 vs 18 in Dec 2013 = 33.3% drop

SF Unit Sales Dec 14  Condo unit sales dec 14

Median sales price for single family homes were at $315,000 in December which was down slightly from $317,000 in November, and up from $265,000 in December of 2013. Median sales price for condominiums were at $243,000 which was up from $217,000 in November, but still much lower than last December’s high of $404,000.

Inventory Data for Plymouth MA 02360

Single Family inventory was 304 in Dec 2014 vs. 372 in Nov 2014 = 18.3% drop
Single Family inventory was 304 in Dec 2014 vs. 325 in Dec 2013 = 6.5% drop

Condominium inventory was 104 in Dec 2014 vs. 102 in Nov 2014 = 1.9% rise
Condominium inventory was 104 in Dec 2014 vs. 89 in Dec 2013 = 14.4% rise

SF inv dec 14  condo inv dec 14

Inventory levels for single family homes continued to decline into January, while condominium inventory has seen a rise.

It appears that January sales for both single family homes and condominiums will be slightly under December totals. Hopefully the low interest rates will fuel demand and we will see an improvement in the market in February.

If you want more detailed information, you can sign up for your own monthly housing newsletter. These reports contain excellent data whether you are in the market of buying or selling a home.

If you are searching for market data for The Pinehills in Plymouth, please refer to my recent post Pinehills Real Estate Year in Review 2014. Due to the volume of new construction sales, data for Pinehills is not readily available until now.

Copyright © by Judy Jennings – all rights reserved. – Plymouth MA Real Estate Market Report Dec 2014