Plymouth, MA real estate update Dec. 2019

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Market Trends

12/10/2019 Plymouth, MA Single Family real estate update

The Median Sale Price "year to date" is at a 5 year high in Plymouth, at $399,000. This is up about 5% from 2018 at this time. Demand has softened slightly, with 803 sales so far this year, which is at a 3 year low. For example, sales decreased 5% from last year (846 sales), and are down 3% from 2 years ago at this time (828 sales year to date in 2017). Listings taken are near a 5 year high at 1,207 year to date, up from 1,193 this time last year (1% increase).  Only 2017 had more listings (1,221).  Despite more listings and less sales, there is still a shortage of listings with 2.66 months supply of inventory. 

As we head towards the end of 2019, the real estate market is still strong and it is an excellent time to sell if you  are in the process of making that decision.