Pink Door Podcast

100. The Entry-Level Explosion: Why Duxbury Homes Under $1.5M Dominate

19 min · 12. Mai 2026
Episode 100. The Entry-Level Explosion: Why Duxbury Homes Under $1.5M Dominate Cover

Beschreibung

This is Jim Aldred with Pink Door Properties, and April's Duxbury market data reveals something extraordinary—we're witnessing the most competitive entry-level market conditions I've seen in years, combined with strategic opportunities in the upper tiers.  Let's start with the headline that should grab every seller's attention: the median sold price was $943,750—down 24% from March's $1.2 million.  But before you panic, understand what this actually means.  April saw 15 closings with strong representation in the sub-$1 million range, including three sales in the $800-900K bracket that averaged 107% of list price.   This isn't market weakness—this is where the buyers are.  The competition metric is staggering.  Properties sold at 102.3% of list price overall, and the median days on market dropped to just six days.  That's not a typo—six days from listing to contract.  We had multiple properties that go under agreement in single-digit timeframes.  One home on Winslow Road listed at $1.095 million and sold for $1.11 million after just five days.  Another on Brick Hill Lane sold at $1.15 million—96% of asking—after 18 days.  The entry-level luxury market is white-hot.  Properties priced between $800K and $1.5 million are seeing fierce competition.  We had eight sales in the $1-1.5 million range, and they moved fast with strong pricing.   Meanwhile, inventory remains historically tight at 1.94 months of supply—up slightly from March but still firmly in seller's market territory.  Here's what's particularly interesting about April: we're seeing a bifurcated market with clear opportunities at different price points.  The sub-$1.5 million segment is intensely competitive with rapid sales and over-asking offers.  But look at the $2-2.5 million range—we had one sale that took 58 days and closed at 97% of list.  That luxury property that sold for $4.9 million?  It went in just five days at full asking price.  The ultra-luxury segment moves when priced right.  Pending activity tells us May will be robust.  We have 18 properties under agreement worth $28.3 million.   The median pending price is $1.3 million, suggesting continued strength in the core market.  What's notable is the range: from $649,900 to $3.2 million, showing buyers are active across all segments.  We had one expired listing in April—a $3.95 million property that sat for 165 days.  In this market, if you're not selling after five months, the market is telling you something about price or presentation.  Compared to April 2025, we're seeing similar transaction velocity but with more accessible price points driving volume.  The median from last April was higher, but we're seeing broader market participation now.  Active inventory sat at 10 properties at month's end, ranging from $929,900 to $5.5 million.  The median active list price was $1.9 million, but notice the gap—most buyers are competing for properties under $1.5 million.  What does this mean for your strategy?   Sellers: if you're under $1.5 million and your home is in good condition, you're going to experience multiple offers and over-asking prices.  Price competitively and prepare for a fast process.  Buyers: you need to be pre-approved, decisive, and ready to compete.  The six-day median means hesitation costs you the house.  For luxury sellers above $2 million: pricing precision matters more than ever.  The market will reward realistic pricing but punish overreach. #SouthShoreMAHomes #BostonSouthShoreRealEstate #SouthShoreRealtor #jimaldred #kwsignaturepropertiesma #sellingsouthietosagamore #southshorerealestate #pinkdoorproperties #pinkdoorpodcast #02332 #duxburybrokerealestate #duxburyaprilmarketupdate #RealEstatePodcast #MarketInsights Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below. https://linktr.ee/SellingSouthieToSagamore www.KWMASS.com  Email me at JimAldredRealtor@yahoo.com cell: 339-987-0382 PODCAST INTRO  "Werq" Kevin MacLeod (incompetech.com)  Licensed under Creative Commons: By Attribution 4.0 License  http://creativecommons.org/licenses/by/4.0/  PODCAST OUTRO LURKING SLOTH By: Alexander Nakarada

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Episode 106. Silver Lake to School Street: Inside Pembroke MA's Explosive May 2026 Real Estate Market Cover

106. Silver Lake to School Street: Inside Pembroke MA's Explosive May 2026 Real Estate Market

If you've been watching the South Shore real estate market and wondering where the action is this spring, let me tell you — Pembroke just had one of its strongest months in recent memory. On this episode of the CityPointJim podcast, I'm breaking down the May 2026 real estate market for Pembroke, Massachusetts, and the numbers are telling a very clear story. Let's start with the headline stat: the sold-to-list price ratio in Pembroke for May 2026 hit 103.1%. That means buyers in Pembroke aren't just meeting sellers at asking price — they're going over it. Consistently. The median sold price came in at $775,000, up 9.15% from April, and the RPR median estimated property value for the 02359 zip code now stands at $703,000 — up 8.6% year over year. If you own a home in Pembroke, your equity position right now is strong and trending in the right direction. Eight single-family homes closed in May, with a median sale price of $892,500 and an average of $865,000. Three of those transactions crossed the million-dollar mark. 627 School Street listed at $800,000 and sold for $865,000 — 108% of asking in just 6 days. 50 Christina Marie Drive listed at $950,000 and sold for $1,050,000 — that's 110% of list, under agreement in 5 days. 64 Copperwood Road listed at $949,000 and closed at $1,041,000. These aren't outliers; this is what a deep seller's market looks like when inventory is this constrained. Months of supply in Pembroke came in at just 1.14 — the lowest threshold of seller's market territory. Yes, that number doubled year over year, but context matters: a year ago it was below 0.6. At 1.14, there is still nowhere near enough supply to meet buyer demand. With only 4 active listings at month's end and 11 homes under agreement heading into June, the pipeline heading into summer is healthy. The median days to offer was just 6.5 across the 8 sales, and the median days on market was 20 — pulled up by one notable outlier: 290 School Street sat on the market for 223 days before finally closing at $920,000, down from an original list price of $1.1 million. That one property is a textbook example of what happens when pricing misses the market from the start. Every other sale in May? Under agreement within weeks. Zero expired listings in May. None. In a market where sellers price correctly and present their homes well, buyers are showing up and paying premium prices. If you're a Pembroke homeowner who has been thinking about selling, this is the environment you've been waiting for. Pembroke continues to offer incredible value on the South Shore — great schools, Silver Lake, the commuter rail, easy Route 3 access, and a real community feel that buyers are willing to compete for. I'm Jim Aldred with Pink Door Properties, helping buyers and sellers from Southie to Sagamore. Let's talk Pembroke. #SouthShoreMAHomes #BostonSouthShoreRealEstate #SouthShoreRealtor #jimaldred #kwsignaturepropertiesma #sellingsouthietosagamore #southshorerealestate #pinkdoorproperties #pinkdoorpodcast #02359 #pembrokebrokerealestate #pembrokemarketupdate #RealEstatePodcast #MarketInsights Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below. https://linktr.ee/SellingSouthieToSagamore www.KWMASS.com  Email me at JimAldredRealtor@yahoo.com cell: 339-987-0382 PODCAST INTRO  "Werq" Kevin MacLeod (incompetech.com)  Licensed under Creative Commons: By Attribution 4.0 License  http://creativecommons.org/licenses/by/4.0/  PODCAST OUTRO LURKING SLOTH By: Alexander Nakarada

Gestern18 min
Episode 105. Is Kingston MA Still a Good Place to Buy a Home in 2026? The Numbers Decide Cover

105. Is Kingston MA Still a Good Place to Buy a Home in 2026? The Numbers Decide

Spring is in full swing on the South Shore, and Kingston, MA just delivered another month of real data worth talking about. On this episode of the Pink Door Podcast,  we're breaking down the May 2026 real estate market for Kingston — what sold, what didn't, what buyers are paying, and what sellers need to know heading into summer. Let's get right to the numbers. The median sold price in Kingston for May 2026 came in at $725,000, up another 3.35% from April, and the RPR median estimated property value for the zip code now sits at $737,550 — up 7.2% over the past twelve months. For homeowners watching their equity grow, that's a meaningful number, and it's been a consistent upward trend across the 02364 zip code throughout 2026. Nine single-family homes closed in May, but the story behind those sales is what makes this month interesting. Strip out the investor rehab flip at 105R Main Street — which sold for $210,000 as a vacant fixer-upper — and the remaining eight homes closed with a median right around $736,000. Several transactions punched above list price: 23 Bog View Road listed at $995,000 and sold at $1,050,000, coming in at 106% of asking. 35 Grove Street listed at $530,000 and closed at $550,000 — 104%. 5 Starling Ave asked $695,000 and sold for $730,000, landing at 105%. In Kingston's core price range, motivated buyers are still competing. Median days on market came in at 17 per the MLS, with the median days to offer at just 6. That's the metric that tells the real story — well-presented, correctly priced homes in Kingston are going under agreement in less than a week. The pipeline confirms demand: 13 properties were under agreement at month's end, with a median pending list price of $710,000 and a wide range from $299,900 all the way up to $1,950,000. Inventory remains the defining constraint on this market. Only 4 active listings remained at month's end — that's not a typo. Months of supply dropped to 1.36, down 25% from April and a staggering 40% below where it stood a year ago. That year-over-year compression is significant and suggests structural inventory tightness, not just seasonal fluctuation. On the seller caution side: six listings took price reductions during May, averaging cuts of about 5.9%. And one property expired after 201 days on market at $749,999 — a reminder that even in a tight market, price discipline and presentation matter. Buyers haven't abandoned their judgment. Kingston continues to be one of the most compelling value propositions on the South Shore — strong schools, Route 3 access, the commuter rail, proximity to Plymouth beaches, and home prices that are still competitive compared to towns further north. If you're thinking about selling in Kingston this summer, the conditions are as favorable as they've been. If you're buying, you need a plan and you need to be ready to move fast. I'm Jim Aldred with Pink Door Properties, Keller Williams Signature Properties — helping buyers and sellers from Southie to Sagamore. Let's talk Kingston.#SouthShoreMAHomes #BostonSouthShoreRealEstate #SouthShoreRealtor #jimaldred #kwsignaturepropertiesma #sellingsouthietosagamore #southshorerealestate #pinkdoorproperties #pinkdoorpodcast #02364 #kingstonbrokerealestate #kingstonmarketupdate #RealEstatePodcast #MarketInsights #kingstonma Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below. https://linktr.ee/SellingSouthieToSagamore www.KWMASS.com  Email me at JimAldredRealtor@yahoo.com cell: 339-987-0382 PODCAST INTRO  "Werq" Kevin MacLeod (incompetech.com)  Licensed under Creative Commons: By Attribution 4.0 License  http://creativecommons.org/licenses/by/4.0/  PODCAST OUTRO LURKING SLOTH By: Alexander Nakarada

8. Juni 202616 min
Episode 104. The Summer Setup: Marshfield MA Real Estate Market Breakdown for May 2026 Cover

104. The Summer Setup: Marshfield MA Real Estate Market Breakdown for May 2026

IF YOU'VE BEEN ASKING "WHAT IS THE MARSHFIELD MA HOUSING MARKET DOING RIGHT NOW," "ARE HOMES STILL SELLING OVER ASKING PRICE ON THE SOUTH SHORE," OR "IS IT A GOOD TIME TO SELL A HOME IN MARSHFIELD MASSACHUSETTS," THIS EPISODE IS BUILT FOR YOU. ON THIS MONTH'S CITYPOINT JIM MARKET BREAKDOWN, WE'RE PULLING APART THE MAY 2026 NUMBERS TO ANSWER EXACTLY THOSE QUESTIONS — AND THE DATA TELLS A MORE NUANCED STORY THAN THE HEADLINE SUGGESTS. HERE'S THE SHORT VERSION: MARSHFIELD IS STILL A SELLER'S MARKET. HOMES ARE STILL SELLING OVER ASKING. BUT THE SPRINT OF APRIL HAS SETTLED INTO A JOG, AND THE SELLERS WHO DON'T UNDERSTAND THAT SHIFT ARE ALREADY PAYING FOR IT. THE MEDIAN SOLD PRICE HELD STEADY AT $850,000 — FLAT WITH APRIL — WHILE THE OVERALL SALE-TO-LIST RATIO CAME IN AT 101.2%, STILL OVER ASK BUT DOWN A FRACTION FROM APRIL'S 102%. MEDIAN DAYS ON MARKET DOUBLED, FROM 6 IN APRIL TO 13 IN MAY. THAT'S NOT A COLLAPSE — THAT'S A MARKET PAUSING TO BREATHE. BUYERS WHO WERE OUTBID IN MARCH AND APRIL ARE NOW GETTING A BIT MORE TIME TO THINK, AND SELLERS WHO MISSED THE ABSOLUTE PEAK OF THE SPRING FRENZY ARE FACING A MORE SELECTIVE AUDIENCE. THE MLS DATA FILLS IN THE STORY. FOURTEEN SINGLE-FAMILY HOMES CLOSED IN MAY WITH AN AVERAGE SALE PRICE OF $792,536 AGAINST AN AVERAGE LIST OF $779,043 — A 102% SALE-TO-LIST RATIO ACROSS ALL TIERS. EVERY BRACKET FROM $500K TO $1.5M SAW BUYERS PAYING AT OR ABOVE ASK. NOT A SINGLE LISTING EXPIRED IN MAY. ZERO. THAT'S THE KIND OF MARKET STATISTIC THAT SHOULD MAKE EVERY MARSHFIELD HOMEOWNER SIT UP STRAIGHT. BUT HERE'S WHAT TELLS THE REAL STORY HEADING INTO SUMMER: THE PENDING PIPELINE. THIRTY HOMES WENT UNDER AGREEMENT IN MAY — 30 — WITH A TOTAL PENDING MARKET VOLUME APPROACHING $31 MILLION AND AN AVERAGE OF JUST 11 DAYS FROM LIST TO OFFER. THE $700K–$899K AND $1M–$1.5M RANGES EACH HAD STRONG PENDING CLUSTERS, POINTING TOWARD A VERY ACTIVE JUNE CLOSE SEASON. THAT PIPELINE IS YOUR PREVIEW OF WHAT THIS MARKET LOOKS LIKE ON THE OTHER SIDE. PRICE REDUCTIONS ARE THE SIGNAL TO WATCH. SEVENTEEN ACTIVE LISTINGS TOOK CUTS IN MAY, AVERAGING NEARLY $56,000 PER REDUCTION. THE LUXURY TIER — PARTICULARLY LISTINGS ORIGINALLY PRICED AT $1.5M AND ABOVE — SAW THE STEEPEST ADJUSTMENTS. THIS IS WHERE BUYERS SEARCHING "IS IT A BUYER'S MARKET IN MARSHFIELD 2026" OR "ARE HOME PRICES DROPPING ON THE SOUTH SHORE" WILL FIND THE MOST HONEST ANSWER: NOT BROADLY, BUT IN OVERPRICED SEGMENTS, YES. ACTIVE INVENTORY GREW MODESTLY TO 12 HOMES AT MONTH'S END, WITH A MEDIAN ASK OF $920,000 AND THE HIGHEST LISTED AT $1.3M. MONTHS OF SUPPLY TICKED UP TO 2.14 — STILL FIRMLY IN SELLER'S MARKET TERRITORY, BUT THE HIGHEST WE'VE SEEN SINCE THIS SERIES BEGAN. COASTAL LIFESTYLE HOMES — HUMAROCK, REXHAME, GREEN HARBOR — CONTINUED TO COMMAND LIFESTYLE PREMIUMS, WITH MULTIPLE PROPERTIES TRADING WELL ABOVE $700 PER SQUARE FOOT. WHAT DOES MAY 2026 TELL US ABOUT BUYING OR SELLING A HOME IN MARSHFIELD THIS SUMMER? IT TELLS US THE MARKET IS MATURING, NOT RETREATING. IF YOU'RE A SELLER, CORRECT PRICING IS NOW THE DIFFERENCE BETWEEN A FAST SALE AT OVER ASK AND A PRICE REDUCTION. IF YOU'RE A BUYER, YOU HAVE SLIGHTLY MORE TIME — BUT NOT MUCH.  #SOUTHSHOREMAHOMES #BOSTONSOUTHSHOREREALESTATE #SOUTHSHOREREALTOR #JIMALDRED #KWSIGNATUREPROPERTIESMA #SELLINGSOUTHIETOSAGAMORE #SOUTHSHOREREALESTATE #PINKDOORPROPERTIES #PINKDOORPODCAST #02050 #MARSHFIELDBROKEREALESTATE #MARSHFIELDMARKETUPDATE #REALESTATEPODCAST #MARKETINSIGHTS Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below. https://linktr.ee/SellingSouthieToSagamore www.KWMASS.com  Email me at JimAldredRealtor@yahoo.com cell: 339-987-0382 PODCAST INTRO  "Werq" Kevin MacLeod (incompetech.com)  Licensed under Creative Commons: By Attribution 4.0 License  http://creativecommons.org/licenses/by/4.0/  PODCAST OUTRO LURKING SLOTH By: Alexander Nakarada

7. Juni 202621 min
Episode 103. Summer Is Coming In Hot: Plymouth Massachusetts Housing Market May 2026 Breakdown Cover

103. Summer Is Coming In Hot: Plymouth Massachusetts Housing Market May 2026 Breakdown

HEY EVERYONE, WELCOME BACK. I'M JIM ALDRED WITH PINK DOOR PROPERTIES, HELPING BUYERS AND SELLERS FROM SOUTHIE TO SAGAMORE — AND TODAY WE'RE UNPACKING THE PLYMOUTH MASSACHUSETTS REAL ESTATE MARKET FOR MAY 2026. THIS IS THE EPISODE YOU NEED IF YOU'RE SEARCHING FOR PLYMOUTH MA HOME SALES DATA, SOUTH SHORE HOUSING MARKET TRENDS, OR TRYING TO FIGURE OUT WHAT HOMES ARE ACTUALLY SELLING FOR RIGHT NOW ON THE SOUTH SHORE. LET'S START WITH THE NUMBER THAT STOPPED ME COLD: MEDIAN DAYS IN RPR HIT JUST 8 DAYS IN MAY. EIGHT. THAT'S DOWN NEARLY 58% FROM APRIL AND IT'S THE FASTEST ABSORPTION RATE WE'VE SEEN IN THIS THREE-MONTH SPRING RUN. BUYERS IN THE PLYMOUTH MA HOUSING MARKET RIGHT NOW ARE NOT BROWSING — THEY'RE DECIDING. IF YOU'RE A SELLER ASKING "IS IT A GOOD TIME TO SELL A HOME IN PLYMOUTH MASSACHUSETTS," THE ANSWER IS SITTING RIGHT THERE IN THAT NUMBER. 49 SINGLE-FAMILY HOMES CLOSED IN MAY. THE MEDIAN SALE PRICE LANDED AT $675,000, WITH AN AVERAGE CLOSING PRICE OF $741,878, AND THE OVERALL SALE-TO-LIST RATIO HELD AT 101% — MEANING PLYMOUTH HOME BUYERS ARE STILL PAYING OVER ASKING PRICE ON AVERAGE. MEDIAN DAYS TO OFFER WAS JUST 7 DAYS. WELL-PRICED HOMES IN PLYMOUTH ARE NOT LASTING A WEEK. THE PRICE BAND ACTION WAS BROAD-BASED. THE $500K–$700K RANGE DOMINATED VOLUME, WITH 10 CLOSINGS IN THE $600K–$699K BAND AVERAGING 102% OF LIST. THE $700K–$799K SEGMENT SAW 11 CLOSINGS ALSO AVERAGING 102%. AND THE $1M–$1.5M RANGE POSTED SEVEN CLOSINGS AT A 97% SP:LP RATIO — STILL STRONG FOR THE LUXURY PLYMOUTH REAL ESTATE SEGMENT. STANDOUT SALES INCLUDED 265 MANOMET POINT ROAD AT $1,425,000 — SOLD AT FULL LIST — AND A 1902 DOWNTOWN PLYMOUTH COLONIAL AT 9 SEVER STREET THAT CLOSED AT $1,450,000. COASTAL AND BEACH COMMUNITY PROPERTIES WERE A MAJOR STORY THIS MONTH. HOMES NEAR WHITE HORSE BEACH PLYMOUTH, MANOMET BEACH, PRISCILLA BEACH, AND THE INDIAN BROOK ASSOCIATION ALL TRADED COMPETITIVELY, SOME WELL OVER ASKING. IF YOU'RE LOOKING FOR PLYMOUTH MA BEACH HOUSE REAL ESTATE OR WATERFRONT HOMES ON THE SOUTH SHORE, MAY CONFIRMED THAT COASTAL DEMAND IS NOT COOLING. THE PIPELINE HEADING INTO SUMMER IS THE STRONGEST WE'VE SEEN. 82 PROPERTIES ARE CURRENTLY UNDER AGREEMENT IN PLYMOUTH — THE LARGEST PENDING COUNT OF THE SPRING — WITH A MEDIAN PENDING LIST PRICE OF $729,000 AND AVERAGE VOLUME APPROACHING $77 MILLION. JUNE CLOSINGS ARE GOING TO BE SIGNIFICANT. INVENTORY IS BUILDING SLOWLY. 57 ACTIVE LISTINGS WITH A MEDIAN LIST OF $825,000 AND 2.39 MONTHS OF SUPPLY — STILL FIRMLY A SELLER'S MARKET FOR PLYMOUTH MA REAL ESTATE. BUT THE 10 EXPIRED LISTINGS, AVERAGING 126 DAYS ON MARKET AND A MEDIAN LIST OF $1,012,000, ARE YOUR WARNING LABEL: PRICE IT WRONG AND PLYMOUTH WILL LET IT SIT. THE BOTTOM LINE FOR ANYONE SEARCHING FOR PLYMOUTH MASSACHUSETTS REAL ESTATE MARKET UPDATES: MAY 2026 DELIVERED FAST SALES, ABOVE-ASKING PRICES, A MONSTER PENDING PIPELINE, AND ACTIVE COASTAL DEMAND. SUMMER IS GOING TO BE LOUD.#SOUTHSHOREMAHOMES #BOSTONSOUTHSHOREREALESTATE #SOUTHSHOREREALTOR #JIMALDRED  #PINEHILLSPLYMOUTH #REDBROOKPLYMOUTH #KWSIGNATUREPROPERTIESMA #SELLINGSOUTHIETOSAGAMORE #SOUTHSHOREREALESTATE #PINKDOORPROPERTIES #PINKDOORPODCAST #02360 #PLYMOUTHBROKEREALESTATE #PLYMOUTHMARKETUPDATE #REALESTATEPODCAST #MARKETINSIGHTS Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below. https://linktr.ee/SellingSouthieToSagamore www.KWMASS.com  Email me at JimAldredRealtor@yahoo.com cell: 339-987-0382 PODCAST INTRO  "Werq" Kevin MacLeod (incompetech.com)  Licensed under Creative Commons: By Attribution 4.0 License  http://creativecommons.org/licenses/by/4.0/  PODCAST OUTRO LURKING SLOTH By: Alexander Nakarada

7. Juni 202618 min
Episode 101. Selling in Norwell This Summer? Here's Exactly What Buyers Are Paying Right Now Cover

101. Selling in Norwell This Summer? Here's Exactly What Buyers Are Paying Right Now

MAY 2026 DELIVERED ONE OF THE MOST COMPETITIVE MONTHS NORWELL HAS SEEN IN RECENT MEMORY — AND THE DATA PROVES IT. THE SOLD-TO-LIST PRICE RATIO CLIMBED TO 105.5%, MEANING THE AVERAGE BUYER IN NORWELL PAID OVER FIVE AND A HALF PERCENT ABOVE THE ASKING PRICE TO CLOSE A DEAL. THAT'S UP FROM 101.2% IN APRIL, AND IT TELLS YOU EVERYTHING YOU NEED TO KNOW ABOUT DEMAND IN THIS MARKET RIGHT NOW. NINE SINGLE-FAMILY HOMES SOLD IN NORWELL IN MAY, PUSHING TOTAL SOLD VOLUME TO $11 MILLION. THE MEDIAN SOLD PRICE CAME IN AT $1,100,000 — UP 11.7% MONTH-OVER-MONTH — AND THE MEDIAN DAYS TO OFFER WAS JUST FIVE. FIVE DAYS. IF YOU'RE A BUYER SITTING ON THE FENCE WAITING FOR PRICES TO SOFTEN IN NORWELL, THIS REPORT IS NOT YOUR FRIEND. THE TRANSACTION OF THE MONTH — ARGUABLY OF THE YEAR SO FAR — WAS 118 PLEASANT STREET, A 3-BEDROOM CONTEMPORARY ON OVER THREE ACRES THAT LISTED AT $879,000 AND SOLD AT $1,100,000. THAT'S 25% OVER ASKING PRICE, DRIVEN BY MULTIPLE COMPETING OFFERS ON A HOME WITH A POOL, SOARING CEILINGS, SOUTH-FACING SUNROOM, AND PROXIMITY TO ROUTE 3. THAT'S NOT AN ACCIDENT. THAT'S WHAT PROPERLY POSITIONED NORWELL REAL ESTATE DOES IN A MARKET WITH THIS LITTLE SUPPLY. ON THE LUXURY END, 21 HENRYS LANE — A 5,616-SQUARE-FOOT CUSTOM COLONIAL — CLOSED AT EXACTLY $2,500,000 AFTER 18 DAYS. THE $1M–$1.499M TIER AVERAGED 111% OF LIST PRICE ACROSS THREE SALES. BUYERS IN NORWELL ARE COMPETITIVE AT EVERY PRICE POINT WHEN THE HOME IS RIGHT. BUT HERE'S THE OTHER SIDE OF THE STORY: ELEVEN ACTIVE LISTINGS TOOK PRICE REDUCTIONS IN MAY, TOTALING SIXTEEN CUTS AVERAGING NEARLY FIVE PERCENT AND NEARLY $63,000 EACH. THE $1.5M–$2M TIER ALONE RECORDED EIGHT PRICE REDUCTIONS ACROSS FOUR PROPERTIES. ONE LISTING IN THAT RANGE EXPIRED AFTER 266 DAYS ON MARKET. THE MESSAGE IS CONSISTENT — NORWELL REWARDS ACCURATE PRICING AND PUNISHES WISHFUL THINKING, ESPECIALLY ABOVE $1.5 MILLION. ACTIVE INVENTORY ROSE FROM 6 TO 10 HOMES, PUSHING MONTHS OF SUPPLY TO 3.0 — UP 87.5% YEAR-OVER-YEAR. THAT'S STILL A STRONG SELLER'S MARKET, BUT THE TREND IS WORTH WATCHING AS WE HEAD INTO SUMMER. THE GOOD NEWS? EIGHTEEN PROPERTIES ARE CURRENTLY UNDER AGREEMENT, WITH $23.6 MILLION IN PENDING VOLUME. JUNE CLOSINGS ARE SET UP TO BE STRONG. I'M JIM ALDRED WITH PINK DOOR PROPERTIES POWERED BY KELLER WILLIAMS SIGNATURE PROPERTIES — HELPING BUYERS AND SELLERS FROM SOUTHIE TO SAGAMORE. WANT TO KNOW WHAT YOUR NORWELL HOME IS WORTH IN THIS MARKET? CALL ME AT 339-987-0382. #SOUTHSHOREMAHOMES #BOSTONSOUTHSHOREREALESTATE #SOUTHSHOREREALTOR #JIMALDRED #KWSIGNATUREPROPERTIESMA #SELLINGSOUTHIETOSAGAMORE #SOUTHSHOREREALESTATE #PINKDOORPROPERTIES #PINKDOORPODCAST #02061 #NORWELLBROKEREALESTATE #NORWELLMAYUPDATE #REALESTATEPODCAST #MARKETINSIGHTS #pinkdoorproperties  Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below. https://linktr.ee/SellingSouthieToSagamore www.KWMASS.com  Email me at JimAldredRealtor@yahoo.com cell: 339-987-0382 PODCAST INTRO  "Werq" Kevin MacLeod (incompetech.com)  Licensed under Creative Commons: By Attribution 4.0 License  http://creativecommons.org/licenses/by/4.0/  PODCAST OUTRO LURKING SLOTH By: Alexander Nakarada

6. Juni 202620 min