The Massachusetts real estate market for Cotuit 2010 first quarter statistics indicates more favorable market conditions with increased home sales and reduced Days on Market versus the prior 3 years. . Most experts believe the bottom of the Massachusetts statewide real estate market in this current recession occurred in the first quarter of 2009. Local market reports will determine if a community has seen the bottom.
Single Family Homes
For comparison, the 2009 yearly average sales price was $870,800 and the average median price $300,000. The average sales price for the first quarter of 2010 decreased 24% over 2009 to $700,639. There was a 6.4% increase in the number of homes sold. Average days on market improved from 148 days to 94 DOM.
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Virtual Homes -Town of Barnstable
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