TRANSITION TO FALL BRINGS MOSTLY GOOD NEWS
Real estate activity through August and September as shown through our monthly "Register's Report" show a continued moderate stabilization of the Plymouth County real estate market. Increased sales volume and declining foreclosure problems are clear evidence of this trend.
The average sales price for the month of September was 7% higher than in September, 2013 and the total sales value through the third quarter was $2.322 billion dollars, $193 miilion dollars higher than last year at this time.
Traditionally, October filings begin a gradual trend downward until the "Spring Market" but higher consumer confidence and the drop in underwater mortgages (when a property's value is less then the balance on the mortgage) should result in a better year end than in 2013.