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Your Town: Mid-Year Report of Carver Real Estate Market

Want to know how the Carver Massachusetts real estate market is doing? In this Your Town report we’re looking at home sales in Carver for the first half of 2015 versus the first half of 2014, how the market is currently doing and what’s to come for the rest of the year.

As of June 30th a total of 50 homes sold in Carver at an average sale price of $295,251. (These numbers include single-family homes, condominiums, and multi-family sales). 50 sales are down just slightly from this same time period in 2014 when 52 homes were sold. There was, however, an increase in the overall average sale price which was $273,209 during this time period in 2014.

Breaking down the numbers:

  • Single-Family Homes: 47 single-families sold in 2014 for an average price of $267,581 compared to 45 single-family sales this year for an average price of $298,378, so while we’re looking at fewer sales this year, we’re seeing an increase of more than $30,000 in the average sales price.
  • Condominiums: 4 condos sold in 2014 for an average price of $264,536, compared to 3 condo sales this year for an average price of $239,167. There’s been a slight decrease in the number of sales, as well as just over a $25,000 decrease in the price of a condo in Carver.
  • Multi-Family Homes: 1 multi-family sold in the first half of 2014 for an average price of $333,000. 2 sold this year for an average price of $370,000. That translates to twice the sales and a $37,000 increase in the average price for a multi-family home in Carver in 2015.

Carver, Right Now:

As of today, there are 29 single-family homes on the market in Carver compared to 53 a year ago. This substantial decrease in homes for sale will create continued appreciation in home prices in the months to come.

Rest of the year?

From January 1st to June 30th pending homes sales were up with 86 pending sales compared to 77 during the same time last year. Carver was also consistent with the rest of the state in having an active June with 28 pending home sales, compared to 16 during the same time period in 2014. With numbers like this there is no doubt that home sales will be way up over 2014 by the end of this year.

Town Profile

Carver is a town in Plymouth County, Massachusetts, about 1 hour and 20 minutes from Boston, 1 hour from Providence, RI, and 1/2 hour from the Sagamore Bridge, also known as the gateway to Cape Cod. At the 2010 census, the population of Carver was 11,509. Established in 1790, the town was named for John Carver, the first governor of the Plymouth Colony. An interesting fact, Massachusetts is the second-largest cranberry producer in the U.S., and in the 1940’s, the town of Carver produced more cranberries than any town in the world. Today, the bogs, forests, and large amounts of water serve to limit the development in town and help to maintain the rural charm of this community. Carver is a great choice for families. Between King Richard’s Faire, New England’s oldest and largest Renaissance Festival, Edaville USA family amusement park, Miles Standish State Forest, and the opportunity to visit cranberry bogs and Christmas tree farms, there’s something for everyone and lots of options to keep kids entertained. The town has a good public school district and a large population of college-educated adults. The combination of both provide an environment conducive to academic success. Carver is a quiet, family oriented town with a lower than average crime rate. With so many families in town, Carver is an ideal setting to make and maintain close social ties with others in the community.