Weymouth Single Family Home Sales for Nov. 2010

With the Holidays upon us, the focus on Real Estate for sale tends to drift away until the new year. However last year there was a rush to take advantage of the popular First Time Home Buyer's Tax Credit, and that drove sales this time last year. And it is reflected in the sales figures throughout out the South Shore. For the month of November 2010, Weymouth saw 19 single Family homes sell at an average sales price of $308,039. Other than volume this is similar to the 37 single family homes that sold in the same period a year prior at an average of $306,570. Time on the market also crept up from 58 days last year to 84 for the same period this year. The take away here is that pricing has firmed up, but sales volume needs to pick up before we will see any significant price improvement.

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