Pink Door Podcast
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
102 episodios
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