It’s that time of year again: temperatures rise slowly but surely, you start opening your windows to let in a cool draft, your scarves return to the back of the closet, and there’s just
Real Estate Update for Weymouth!
Weymouth is the second oldest township in the Commonwealth, dating back to 1622. For almost two hundred years the town was a fishing and agricultural community, evolving into a manufacturing hub for shoes in the late 19th century. Remnants of every era, from colonization to industrialization to suburbanization, are evident in the very shape of the community. Rich in history, Weymouth is home to the birthplace of Abigail Adams, wife to U.S. President John Adams and mother to U.S. President John Quincy Adams.
Today, Weymouth is a mature, strongly residential suburb located just south of Boston, with close proximity to the crossroads of Route I-93 (128) and Route 3. The community is nicely situated for easy access to Cape Cod and the Greater Boston area. Three MBTA commuter rail stations provide quick transportation into the city, as well. Unlike traditional New England towns, Weymouth has no downtown center. Rather it has four village centers, each featuring its own blend of historic buildings, land use, and open space.
In September and October 2018, single family home sales decreased: 94 single family homes sold in 2018 compared to 136 single family homes sold in 2017. Days on market averaged 50 in 2017 and 41 in 2018. There was an increase in prices this year to $436,934 compared to the average sale price of $427,312 in 2017.
Condominium sales in Weymouth increased this year. Forty-one condos sold in 2017 during July and August while 63 sold in the same time period this year. The days a condo stayed on the market stayed steady this year: 38 days in 2018 compared to 41 days in 2017. We see a decrease in the price of a condo this year to $271,040 from $275,919 in 2017.
Looking to buy or sell your home? Contact EXIT Realty All Stars, with offices in Braintree and Brockton!
Jose E Perez is the broker and owner of EXIT Realty All Stars located in Braintree, and Brockton MA, helping both buyers and sellers with all of their real estate needs. He previously worked for Centu....