October sales bounce back from September dip

Plymouth single family homes sales bounced back in October after a post-summer September dip and homes are now selling under 100 days on average.  The average sales price of single family home in Plymouth hovers a touch under $330,000.

At the current rate of sales and inventory, Plymouth would sell out of homes in 165 days.

Critical to both sellers and buyers the ratio of original price to sold price remains in the 90%’s, as it has been since the early spring of 2014.

The steady market also so per square foot sold prices continue to maintain at just over $185 a square.

Plymouth homes sales dip in September 2014

Plymouth single family homes sales dipped in September to a total of only 54 homes sold, three shy of the September 2013 number and twenty-two fewer sales than in August of this year.  September sellers also waited just a little longer than in August to sell their homes up to 106 days on average, up ten days from August.

Good news for sellers, the ratio of original price to sales prices continues to hover at about 95%. Sellers who price their home ten percent or more above market value may face an extended period before closing.

As a general rule square foot pricing remains steady, on average, at $195/sqft.