Scituate MA Real Estate Condo Market Report May 2011

Scituate MA Sold Condos Report for May 2011

In May of 2011 there were 2 condos that closed within the month for Scituate Massachusetts. This is a decrease of 2 units, as there were 2 condos that closed in May of 2010.

The Average list price for the condos that closed in Scituate for May of 2010 was $499,450

The Average list price for the condos that closed in Scituate for May of 2011 was $502,400

The Average sale price for the condos that closed in Scituate for May of 2010 was $475,000

The Average sale price for the condos that closed in Scituate for May of 2011 was $475,250

The Average Price Per Square Foot for the condos that closed in Scituate for May of 2010 was $210

The Average Price Per Square Foot for the condos that closed in Scituate for May of 2011 was $321

The Average Market time for the condos that closed in Scituate in May of 2010 was 211 days.

The Average Market time for the condos that closed in Scituate May of 2011 was 179 days.

Scituate MA Condos Under Agreement in May 2011

There are 3 condos under agreement in Scituate Massachusetts in the month of May. The average list price of the condos that went under agreement was $432,967. The average time on the market for these Scituate MA condos was 263 days.

** The above statistics are for Condo Units only and do not include Single Family Homes or Multi-family homes in Scituate Massachusetts.

In comparing year over year longer term data for Scituate MA, there was a trend towards more stability in market values. The average days on the market decreased significantly. First time home buyers and entry level buyer appear to be very active in the market finally taking advantage of some strong values that have been offered by sellers.

Scituate remains an excellent town for both 1st time home buyers as well as those wishing to move up into the mid ranges of the market. The average sales price remains constant, and well priced condos are selling quickly as is evidenced by the lower amount of time on the market. There remain some good buys at most price points with great choices in Scituate Waterfront Homes, Condos for Sale, and Antique Homes to mention a few categories.

Below are market reports single family homes for other towns in the Scituate area:

Markets reports for Cohasset

Market reports for Scituate

Market Reports for Weymouth

Market reports for Hingham

Market reports for Hull

Selling a condo in Scituate Massachusetts or other South Shore Towns is heavily dependant on pricing your condo unit properly and picking an agent that will create an “online market presence” for your home. As a property seller, you need to be aware that the market in Scituate and many other South Shore communities has changed over the last five years. We are no longer in a seller’s market. When selling a condo in Scituate Massachusetts, it pays to have a pro in your corner representing you.

When selling a condo in Scituate MA, it pays to have a pro in your corner representing you. Will your agent dominate Google with an internet presence? Click here to see a brief overview in my online marketing Flip Book Presentation. Here is list of Real Estate interview questions to ask when interviewing your agent, that will help you determine if you are hiring a successful broker or not! Curious about a Scituate MA short sale because you owe more than your home is worth? Go to MassForeclosureHelp.com and get answers to your questions.

About the author: The above Real Estate information about The Scituate MA April 2011 Condo Market Report was provided by Bill Tierney, an internet savvy REALTOR who covers the South Shore real estate market for Virtual Homes Real Estate. Bill can be reached via email at William.Tierney@VirtualHomes.com or by phone at 617-653-1955. Bill has been a licensed real estate agent for over seven years.

Thinking of selling your home or condo? I have a passion for Real Estate and would love to share my marketing expertise! I specialize in leveraging today’s technology, such as social media, to maximize your condo’s exposure. For Massachusetts and Scituate MA Homes for Sale and condos see Scituate MA Real Estate For Sale.

Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder service. I service the following towns on the South Shore: Cohasset, Hingham, Hull, Scituate, Marshfield, Norwell, Weymouth, Quincy, Duxbury, and Norwell. Click here to view Bill Tierney’s Real Estate Profile.