The real estate market in Plainville continues to show steady activity this fall, especially in the single-family home segment. Inventory remains limited, demand is healthy, and well-priced homes are moving quickly. Here’s a closer look at the current trends shaping the market today.
Current Market Snapshot
Active Listings (Single Family): 7
Median Living Area: 2,846 sq. ft.
Median List Price: $829,000
Median List Price per Sq. Ft.: $302
Median Days on Market (DOM): 19
While there are only seven single-family homes currently listed, these properties tend to be larger and more upscale, with a median size close to 2,850 square feet. The average listing price is strong, showing that sellers in Plainville are confident about their home values.
Recent Sales Activity
Homes Sold (Past 6 Months): 40
Median Living Area: 2,039 sq. ft.
Median List Price: $637,450
Median List Price per Sq. Ft.: $325
Median Days on Market: 20
Median Days to Offer (DTO): 6
Median Sale Price: $656,750
Median Sale Price per Sq. Ft.: $339
Buyers continue to act quickly when the right home comes on the market. On average, homes are going under agreement in less than a week, a clear sign of continued demand and competitive conditions. The median sale price is slightly above the list price, showing that multiple-offer situations are still common, especially for well-presented and accurately priced homes.
What These Numbers Mean
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Tight Inventory: With only a handful of homes for sale, buyers have limited choices. This keeps competition strong and supports higher sale prices.
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Quick Turnaround: The short “days to offer” period highlights that motivated buyers are ready to move, and desirable homes don’t stay available for long.
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Solid Home Values: Both list and sale prices per square foot remain strong, with closed prices averaging higher than asking in many cases.
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Upscale Market Shift: The active listings indicate more high-end properties are hitting the market, pushing the median list price higher than the average for the year.
Looking Ahead
As we move through the fall market, Plainville continues to balance low inventory with strong buyer demand. Sellers are in a favorable position, particularly those with homes in move-in condition and priced strategically. For buyers, preparation is key—having financing in order and acting quickly when the right home appears can make all the difference.
If you are considering selling your home, now is an excellent time to take advantage of the market’s strength before winter slows activity. For buyers, there are still great opportunities, especially with the potential for more listings as the season progresses.
Call, text or email me for more information or for a detail market analysis of your home
508 944 1779 or beatrizsellshomes@gmail.com