The Trend in Home Sales in Scituate MA - Improving, or...?
Home prices in Scituate on average are falling! Home prices have fallen 7.1% since July of 2009.
The current average listing price of homes for sale in Scituate MA is $648,891, down 5.9% from a month ago. Compare this to the current median sales price of $395,000 - where half of sales are above this amount and half below it.
Prices of 2 and 3 bedroom homes are up from a year ago while prices of 4 bedroom homes are down. Prices of 2 bedroom homes are up 14.1% while prices of 3 bedroom homes are up 24.3% from year ago levels. However, 4 bedroom homes are down 8.2%. Below is a chart of the trend of median prices of homes for sale in Scituate MA over the past year through July 2010:
While cyclical, the number of sales for all style homes have been relatively flat over the past year:
So what does all this mean? Well, if you're looking for a home in the town of Scituate, you may be able to find a bargain. While sales are overall are relatively flat, prices of 4 bedroom homes are down.
Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home in Scituate or in the surrounding area. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.
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