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The Trend in Home Sales in Wellfleet MA - Improving, or...?

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Real Estate Agent with Better Living Real Estate, LLC 9152684

The Trend in Home Sales in Wellfleet MA - Improving, or...?

Home prices in Wellfleet on average are rising! Home prices have risen 25.6% since June of 2009.

The current average listing price of homes for sale in Wellfleet MA is $697,810, up 0.7%% from a month ago. Compare this to the current median sales price of $479,000 - where half of sales are above this amount and half below it.

Both 2 and 3 bedroom homes are selling for more. Prices of 2 bedroom homes are up 38.8% while prices of 3 bedroom homes are up 48.5%. Below is a chart of the trend of median prices of homes for sale in Wellfleet MA over the past 5 years through June 2010:


While cyclical, the number of sales have been relatively flat for all styles of homes in the past 5 years, but are down slightly from just a month ago:


So what does all this mean? Well, if you're looking for a home in the town of Wellfleet, you better not mess around too much. While sales are overall are relatively flat, prices of homes are climbing.

Still, sellers aren't in control of the market, so both buyers & sellers should be reasonable when negotiating. Be sure to contact me, Lew Corcoran, toll free at 1-800-984-3341, when you're looking to get pre-approved for a purchase of your next home. Otherwise you may end up frustrated, disappointed and, unfortunately, perhaps misled.

 

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Lew Corcoran
Licensed Massachusetts Real Estate Agent
Accredited Home Staging Professional
Professional Real Estate Photographer
FAA Licensed Drone Pilot

Director, National Board of Directors,
Real Estate Staging Association (RESA)

Better Living Real Estate, LLC
15 Wall Street, #9157
Foxborough, MA 02035
O: (888) 877-8300
D: (508) 258-9658

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