Plymouth MA Real Estate Market Report January 2015

Here is an overview of sales activity and inventory levels through January for Plymouth Massachusetts.

Home Sales Data for Plymouth MA 02360

30 single family homes sold in Jan 2015 vs. 59 in Dec 2014 = 49.2% drop
30 single family homes sold in Jan 2015 vs. 30 in Jan 2014 = 0% change

9 condominium homes sold in Jan 2015 vs. 12 in Dec 2014 = 25% drop
9 condominium homes sold in Jan 2015 vs. 13 in Dec 2013 = 31% drop

Single family unit sales Plymouth MA - Jan 2015  Condominium sales for Plymouth MA  Jan 15 CC Plymouth

Median sales price for single family homes was at $328,000 in January which was up slightly from $313,000 in December, and up from $274,000 in January of 2014.

Median sales price for condominiums was at $400,000 which was up significantly from $243,000 in December, and also up from last January’s price of $310,000.

Inventory Data for Plymouth MA 02360

Single Family inventory was 291 in Jan 2015 vs. 298 in Dec 2014 = 2.3% drop
Single Family inventory was 291 in Jan 2015 vs. 327 in Jan 2014 = 11% drop

Condominium inventory was 118 in Jan 2015 vs. 104 in Dec 2014 = 11.9% rise
Condominium inventory was 118 in Jan 2015 vs. 83 in Jan 2014 = 29.7% rise

 Single family home inventory for Plymouth MA  Jan 15   Condominium inventory for Plymouth MA  Jan 15

Inventory levels for both single family homes and condominiums continued to decline into February. New homes coming on the market have been slow. Most likely due to the extreme weather conditions.

However, the good news is that both single family homes and condominium sales going into February appear to be significantly higher than January and will most likely exceed sales for February of 2014 as well.

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If you are searching for market data for The Pinehills in Plymouth, please refer to my recent post Pinehills Real Estate Sales Activity for January 2015.