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Meflakcannon t1_j7lvarl wrote

Well with the interest rate hikes they may be listed at 1.2M but may not be selling, or selling fast, if at all. Look at the days listed. A Large number of homes near me are listed about 200k higher than the estimated value. All of them are sitting there 30+ days. The 1.2M house you mentioned has been listed for sale since December and only dropped the price 4k. Even properties at 500-700k are sitting for greater than 30 days.

Inspections are back on the menu!

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RumSwizzle508 t1_j7mc4t0 wrote

According to MLS, 33 homes (3 bedroom homes) have sold in Scituate in the last 6 months.

Average list price: $824,060 Average sold price: $840,245

Median list price: $775,000 Median sold price: $765,000

Of these 33 sales, 8 were over $1m and 4 of those were over $1.2M. Of those 8, only 2 sold for less than list price.

So, at least some $1.2m houses are selling in this town.

Lastly, there are only 7 houses on the market, the most expensive is $1m (which is really the waterfront lot value).

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ThrowAwayAnother1991 t1_j82l6t6 wrote

Bought my house in Framingham 5 years ago, I’m happy to see a lot of renovations happening. I want another home tho closer to Boston, so expensive :(

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Unfair_Isopod534 t1_j7nzz8d wrote

Not familiar with that town but in Framingham any house that's doable disappear within few days. The only houses that stay on the market are total craps not worth the money.

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Meflakcannon t1_j7pvfo7 wrote

I keep looking at Framingham. I've noticed those dumps. 1379 Concord St just had a 25k drop. Now it's valued at 425. down from 500 in November. I'm guessing it will sell on or around 375. The appetite for housing seems to fall off once you hit $350/sqft or higher in this area.

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Unfair_Isopod534 t1_j7pwkhx wrote

Well it's under 1000sq ft dump. That's basically apartment. Someone could buy it to build a bigger home. You can get much better apartment in that size.

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