Real Estate Report-Home Values for Rehoboth MA- Good news, Sellers!

Real Estate Market Report for Rehoboth MA- 508-878-0917

More Good News for Home Sellers in Rehoboth

There are currently 61 homes on the market in Rehoboth MA- with an average asking price of $514, 677.

In December of 2013- the average sale price was $354,000 and only 6 homes sold- compared to 2012 where the sales price for the month of December was $278,000. A very nice improvement of home value in Rehoboth and more of the same to follow in 2014.

The  number of homes under contract right now is 133% higher than last year! See chart below

 

Under agreement homes December 2013

 

The months supply of inventory for January 6, 2014 in Rehoboth is 9 months which puts us in a buyers market.  Anything over 6 months supply of inventory is a buyers market.

Last January we had a 26 months supply of inventory in Rehoboth- a 61% difference and a marked improvement in buyer demand which also will show an increase in home values

I will also point out that the higher end homes in Rehoboth MA do take a little longer to sell.

 

 

rehoboth months supply of inventory Jan.2014

What will the future bring? While we do not have a crystal ball for home value in rehoboth Analysts from all over the country are predicting real estate values to move up about 5% in first half of 2014.. then become flat for the rest of the year. Interest rates are predicted to rise- some say to 5% and above. If you are a home seller and would like to capitalize on the uptick, please contact me as soon as possible.

You can also visit my comprehensive seller website at http://southeastmahomes.com/sell

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For Your Ultimate and Complete home search go to http://FindSouthCoastHomes.com

 

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Looking for a Realtor that knows the market, understands your concerns, and will help you gettop dollar for your home? Call me today. ask about my "Easy Exit" Listing Guarantee.

 

Lori Lincoln
Keller Williams Realty- Taunton area
http://findsouthcoasthomes.com
lorilincoln@kw.com
508-878-0917
 

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Comment balloon 1 commentLori Lincoln Team • January 06 2014 09:50AM
Real Estate Report-Home Values for Rehoboth MA- Good news, Sellers!
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Real Estate Market Report for Rehoboth MA- 508-878-0917 More Good News for Home Sellers in Rehoboth There are currently 61 homes on the market in Rehoboth MA - with an average asking price of $514, 677. In December of 2013- the… more
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Lori Lincoln -Lori Lincoln Team Reviews/Ratings "Lori Lincoln has helped me and/or my family buy and sell 8, yes 8! homes since 2008. Lori is a pleasure to work with and goes above and beyond at every turn.. She knows her stuff! We… more