Plymouth Real Estate Market Update

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Market Trends

Plymouth Real Estate Market Update: 11/13/2019 Single Family Properties

So far year to date, there have been more houses for sale in 2019 than the last 4 years.  The Median Original List Price is also the highest its been in 5 years, with an increase of 11% from the 2018 high mark at this time.

The Median Sale price in Plymouth is up 5% to $398,019 since this time in 2018.  This increase in median values has occurred despite total sales (Demand) being down 5% from 2018 (there have been 728 sales in 2019 year to date; 765 sales in 2018 year to date).  A big driver in higher prices is the low interest rates, which increases buyer's purchasing power.

Once again, it is an excellent time to sell, even as we head into the holiday season. 

Happy November!

 

 

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