52. Plymouth 02360 — November Snapshot: Tight Supply, Near-Ask Sales, and a Clear Price Ceiling

Market temperature: Still seller-tilted, not overheated. Months of inventory sits at 2.38 (up slightly month over month), which keeps leverage on well-priced listings. Homes are landing at 99.8% of list, and the median days in RPR is 16—fast enough to reward accurate pricing, not fantasy pricing. The median sold price printed at $695,000 in November, up from October. 

Active supply + pricing: End-of-month MLS snapshot shows 32 active single-family listings with a median list of $775,000 and average DOM ~28. The stack skews to $600K–$899K with meaningful upper-end presence to $2.2M. Translation: choices exist, but not enough to soften pricing for clean, well-located homes. 

Pendings: 48 under-agreement properties in November with a median list around $722,000 and average 69 DOM / 51 DTO. Note the long time-to-offer on some $700K–$799K and $1M+ pendings—evidence that the market will make higher-tier sellers earn it on condition, setting, and precision pricing 

Closings: 57 sold in November. Headline metrics: SP:LP ~99% overall, median sold $715,000, average sold $770,286, and average DOM 50 with 33 days to offer (see the Sold table on page 4). Sub-$600K often clears at or just below ask; $800K–$899K achieved a full 100% SP:LP on average, while $1.0M–$1.5M traded closer to 95%—a clean read on where buyers start to negotiate. 

Price cuts: November logged 26 listings with 34 price changes averaging -1.18% overall. Cuts clustered in $500K–$999K bands (-3% to -6% typical). Interestingly, the $1.0M–$1.5M tier showed a small +1.84% net change—likely strategic relists or incentives rather than broad strength. Either way, the pattern is clear: overreach, then trim. 

Expireds: 10 expired listings with avg DOM 112, concentrated between $600K and $1.5M—a cautionary tale that presentation and positioning matter more as you climb the price ladder 

Valuation backdrop: RPR’s median estimated value is $672,590 (▲ +3.6% YoY), while both median list and median sold printed $695,000 in November—evidence that buyers will meet the market when a property is dialed in, but they’re not rewarding aspiration without proof. 

What this means if you’re selling:

• Price to the lane you can actually win. November proves buyers are paying near-ask for homes that show and appraise cleanly; misaligned listings drift into the price-cut bucket. Start where the comps support and let first-week traffic do the heavy lifting. 
• Over $800K, elevate condition, photography, micro-location narrative, and pre-market repairs. The data shows thinner tolerance above $1M; negotiation is normal there. 

What this means if you’re buying:

• Inventory is limited and the best homes move in ~2 weeks. Have underwriting tight, rate options ready (including buydowns), and move decisively on a match. Use the growing pool of stale listings for negotiation; pay up only when the property justifies it. 

Bottom line: November confirms a tight, disciplined market: quick median timelines, near-ask outcomes, and a visible ceiling at the upper end. Ge

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