Boston Real Estate

The Cohasset, MA Real Estate market saw some strength for the month of August with 15 homes selling for an average sale price of $937,988 which was 94.37% of the sellers asking price. This surge of activity is great news for the Cohasset Real Estate market as we head into what is historically one of the strongest seasons of the year.

Compare the month of August to the average for the first half of 2011 when we saw only 4.33 homes per month moving off the market with an average sale price of $961,153 which was 95.07% of the sellers asking price. With the average inventory of 93 units we had 21 months’ worth of inventory on the market  for the first half of the year, but with the surge in activity we currently only have 17.6 months’ worth of inventory on the market in Cohasset, MA.

What does all of this mean? 6 months of housing inventory is considered the perfect equilibrium between buyers and sellers where neither party has an advantage and pricing power. An inventory level of above 6 months would signal a buyers’ market with Cohasset, MA Real Estate Market’s inventory indicating it is a strong buyer’s market.

Are you thinking about buying or selling a home in Cohasset, MA? Then give Jeffrey Chubb, owner of RE/MAX Select a call at 617-480-2600 or visit him at www.MoveWithChubb.com. He is one of the top agents in the state and employs an aggressive marketing approach to help his sellers net more money in a shorter amount of time. Give Jeff a call and start packing today!

Click here to view all homes currently for sale in Cohasset, MA

Check out these new listings for sale in Cohasset, MA

364 Jerusalem Road, Cohasset, MA – 5 Bedrooms, 4.1 Baths with 3686 Square Feet – $1.875m

2 Stratford Terrace, Cohasset, MA – 4 Bedrooms, 3.1 Baths with 4784 Square Feet – $1.499m

22 Fenway, Cohasset, MA – 5 Bedrooms, 3.0 Baths with 3727 Square Feet – $895,000

17 Border Street, Cohasset, MA – 4 Bedrooms, 3.0 Baths with 2800 Square Feet – $795,000

10 Sankey Road, Cohasset, MA – 4 Bedrooms, 2.2 Baths with 2356 Square Feet – $749,000

100 Pond Street, Cohasset, MA 3 Bedrooms, 2.1 Baths with 1800 Square Feet – $669,900

139 Hull Street, Cohasset, MA – 5 Bedrooms with 2.0 Baths with 2599 Square Feet- $645,000

80 Pond Street, Cohasset, MA – 4 Bedrooms, 2.1 Baths with 2182 Square Feet – $599,000

It’s summer time and there is no better place to spend summer then in Cohasset, MA! I am sure you are only interested in the Cohasset, MA Real Estate Market Update because it is a rainy day outside…

As of the end of May 2011, there are 125 homes for sale with an average listing price of $1.778m and an average market time of 163 days. We saw 3 homes go under agreement in May with an average market time of 25 days and an average list price of $565,967.

We had 4 people close on their home with an average sold price of $679,176 which was 104.77% of the sellers asking price. I know what you are thinking… WOW sellers in Cohasset are getting OVER asking price and you are correct. One of the four homes that sold was listed at $950,000 and sold for $1.12m. This home was also pre-construction and many upgrades and updates could be factored into the selling.

In May of 2010 we saw 6 homes sell for an average sale price of $684,167. The market in Cohasset has slowed and there are some amazing deals out there because of that. We are currently seeing 35.71 months worth of inventory on the market! Sellers that want to sell need to be competitively priced with an aggressive marketing plan.

Search All Cohasset, MA Homes For Sale

If you are thinking about buying or selling a home in Cohasset, then give Jeffrey Chubb of RE/MAX Select a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com. His expertise is second to none as he is one of the top agents in the state and sells on average a home a week. You won’t be disappointed!

Wondering what your home is worth, then get a Certified Market Analysis dropped into your INBOX today by visiting www.MAPropertyValue.com.