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Provincetown Real Estate Sales 2008: The Year in Review
The year-end numbers are in.  Over the next three weeks, we will review the final sales figures from MLS along with a comparative analysis of this year in relation to the prior two years.  We’ll start with Provincetown this week, and we’ll look at Truro and Wellfleet in the coming weeks. 
Our data comes from the Multiple Listing Service and does not include private sales.  The vast majority of sales that occur in this market are MLS sales.
There were 151 properties sold in Provincetown in 2008 with a total sales volume of $88,098,251.*  There were 165 properties sold in Provincetown in 2007 with a total sales volume of $85,902,800. There were 158 properties sold in Provincetown in 2006 with a total sales volume of $82,653,453.
* Sales figures exclude timeshare properties.
Table 1:  Number of Properties sold with Median Sale prices The median reflects the sales price that is exactly in the middle of all the figures for that category.  For example, if 26 properties sold, 13 were priced above the median, and 13 were priced below the median. 
 
Highs and Lows
The lowest priced residential property to sell this year was a studio condominium located at 962 Commercial ... more

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