Weymouth MA Real Estate Market Report May 2011

Weymouth MA Sold Single Family Homes Report for May 2011

In May of 2011 there were 21 homes that closed within the month for Weymouth Massachusetts. This is a decrease of 12 units, as there were 33 homes that closed in May of 2010.

The Average list price for the homes that closed in Weymouth for May of 2010 was $309,057

The Average list price for the homes that closed in Weymouth for May of 2011 was $272,086

The Average sale price for the homes that closed in Weymouth for May of 2010 was $297,645

The Average sale price for the homes that closed in Weymouth for May of 2011 was $259,619

The Average Market time for the homes that closed in Weymouth in May of 2010 was 73 days.

The Average Market time for the homes that closed in Weymouth May of 2011 was 94 days.

Weymouth MA Homes Under Agreement in May 2011

There are 40 homes under agreement in Weymouth Massachusetts in the month of May. The average list price of the homes that went under agreement was $276,596. The average time on the market for these Weymouth MA homes for sale was 54 days.

Weymouth MA Year over Year Sale Volume Comparison

In 2010 there were 217 Single Family Real Estate transactions in Weymouth. In 2009 there were 152 Single Family Real Estate transactions.

** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Weymouth Massachusetts.

In comparing year over year longer term data for Weymouth MA, there was a trend towards some stability in market values. The average days on the market increased somewhat as buyers are taking their time to make a decision. 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 and the continued low interest environment. The combination of low interest rates and compelling pricing allow the real estate industry to continue its “ON SALE” environment.

Weymouth 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 relatively constant, and well priced homes are selling quickly as is evidenced by the lower amount of time on the market for some homes. There remain some good buys at most price points.

Below are market reports for other towns in the Weymouth area:

Selling a home in Weymouth Massachusetts or other South Shore Towns is heavily dependant on pricing your home properly and picking an agent that will create an “online market presence” for your home. As a home seller, you need to be aware that the market in Weymouth 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 home in Weymouth Massachusetts, it pays to have a pro in your corner representing you.

When selling a home in Weymouth 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 Weymouth 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 Weymouth MA May 2011 Market Report was provided by Bill Tierney, an internet savvy REALTOR who covers the South Shore real estate market for William Raveis Real Estate. Bill can be reached via email at william.tierney@raveis.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 home’s exposure.
For Massachusetts and Weymouth MA Homes for Sale and condos see Weymouth 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.

Taste of Spring @ St. Jerome School in Weymouth MA
St. Jerome School is hosting their Annual Spring Fundraiser on Friday, March 4, 2011. This deliciou...

Weymouth MA Real Estate Market Report for March 2011
March 2011Weymouth MA Real Estate Market Report Weymouth MA Sold Single Family Homes Sales statist...

Weymouth MA Real Estate Market Report April 2011
Weymouth MA Sold Single Family Homes Report for April 2011 In April of 2011 there were 33 homes that...