Mid May 2023 Real Estate Market Report for Cohasset, MA
May 24, 2023
May 24, 2023
Greetings, Cohasset residents and prospective homebuyers! Here’s an overview of the local real estate market activity in the past 30 days.
In the bustling community of Cohasset, a total of 7 homes have gone under agreement, demonstrating a healthy level of buyer interest. These properties have attracted buyers with their appealing features and desirable location.
The average list price for these homes was $2,171,129, reflecting the value placed on the properties in this vibrant market. With such an average list price, it’s clear that Cohasset offers a wide range of homes suited to various preferences and lifestyles.
When it comes to the time it takes for a home to sell, the average number of days on the market was 33.71. This metric indicates the average amount of time it took for homes to receive an accepted offer. Additionally, the average days to offer was 25.43, indicating that buyers in Cohasset are acting quickly to secure their dream homes.
During the same 30-day period, a total of 3 homes were sold in Cohasset. These homes achieved an average sale price of $1,525,000. It’s worth noting that the average list price for these sold properties was $1,507,000, indicating that buyers are finding value in the homes they are purchasing.
The average days on the market for the 3 homes that sold was 16.33, which demonstrates the strong demand and efficient sales process in Cohasset. Furthermore, the average days to offer was 7.33, indicating that buyers are making offers swiftly to secure their desired properties.
The real estate market in Cohasset is vibrant, with a healthy number of homes going under agreement and being sold within reasonable timeframes. These statistics suggest that both buyers and sellers in Cohasset are benefiting from a balanced and active market.
If you’re considering buying or selling a home in Cohasset, now is an opportune time to explore your options. The market is dynamic, and there is a variety of homes available to suit different budgets and preferences.
Remember, it’s always a good idea to consult with a local real estate professional who can provide you with up-to-date market insights and personalized advice tailored to your specific needs.
Wishing you the best of luck in your real estate endeavors!
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