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Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

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Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

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Real Estate Market Update | Plymouth | May 2022 Vs April  2022

Real Estate Market Update | Plymouth | May 2022 Vs April  2022
June 19, 2022 By: Category: Real Estate Market Update, Uncategorized

Real Estate Market Update | Plymouth | May 2022 Vs April  2022

Welcome to The Griffin Real Estate Market Update.

If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.

According to MLSPIN, the marketplace for Boston residential properties here’s what happened in May 2022 versus April 2022:

The Number of SOLD listings decreased by 38% to 24 properties with a top sale of $5.65 million at 7 & 9 Inge’s Way in Plymouth.

The Average Sales Price increased by 20% to $742000 moving the Average Price Per Square Foot down to $346 per square foot.

The inventory of properties available for sale as measured in months supply increased by 27% to 0.81 months worth of properties for sale.

The average 30 year fixed mortgage rate decreased to 5.42% according to Bank Rate.com.

Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.

Boston

Average Sales Price
April 2022 – $617546.49
May 2022 – $742424.69
increased by 20%

Average Days On Market
April 2022 – 31
May 2022 – 24
decreased by 23%

Average Sale Price Per Square Foot
April 2022 – $383.63
May 2022 – $346.43
decreased by 10%

Sale to List Price Ratio
April 2022 – 105.07%
May 2022 – 107.09%
increased by 2%

Number of Sold Listings
April 2022 – 39
May 2022 – 24
decreased by 38%

Months Supply of Inventory
April 2022 – 0.64
May 2022 – 0.81
increased by 27%

Mortgage Rate
April 2022 – 5.28%
May 2022 – 5.42%
3% decreased

Top 10 Sales

  1. $5650000 7 & 9 Inge’s Way Plymouth, MA
  2. $1550000 7 CHIPPING HILL Plymouth, MA
  3. $1227000 55 Lookout Point Road Plymouth, MA
  4. $1225000 117 Seaview Dr. Plymouth, MA
  5. $1025000 36 River Farm Rd Plymouth, MA
  6. $937548.75 Lot 4 Bramhall Lane Plymouth, MA
  7. $910000 21 Shoreline Way Plymouth, MA
  8. $875000 2 Grey Shale Plymouth, MA
  9. $850000 26 Bridge Gate Plymouth, MA
  10. $839000 47 White Cliff Dr Plymouth, MA

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