MWatch: Who’s spending $1M-$2M in Rockport MA
Let’s take a look at what’s going on in Rockport. Keep in mind that this is not about your property’s value. Your property is priceless to you. It’s about how the market perceives your property. And we’re not going talk about individual homes, we’re going to talk about the market in general.
So, right now in Rockport, one million to two million dollars, there are seven properties on the market. Please pay specific attention to the number of days that these property have been on the market. 106, 60, 58, 837, that’s almost three years. 149, 124, 726, two years. If we take a look at the on market snapshot, which means that last year, on this same date that I’m recording this, Saturday morning, on the 19th of August, 2017. So last year in 2016, we can see that there were five homes on the market between 800 and a million, this year there are five. Last year, a million to two million, there were four on the market, this year, there are seven on the market.
So, there’s almost double the inventory available in Rockport right now, between one million and two million dollars. So if you’re a buyer, your ears should be perking up right now, because there are going to be some opportunities this fall, of peoples who were not able to sell their home, but really want to sell it before the Winter comes along. Over two million dollars, five last year on the market, there are six on the market this year.
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