The Trend in Home Sales in Harwich MA - Improving, or...?
Home prices in Harwich on average are rising! Home prices have risen 6.2% since June of 2009.
The current average listing price of homes for sale in Harwich MA is $483,436, down 2.6% from a month ago. Compare this to the current median sales price of $321,250 - where half of sales are above this amount and half below it.
2, 3 and 4 bedroom homes are selling for more compared to a year ago. Most notably, prices of 4 bedroom homes are up 28.9% since the same time last year. 3 bedroom homes are up 16.0% while 2 bedroom homes are up 5.1%. Below is a chart of the trend of median prices of homes for sale in Harwich MA over the last 5 years through June 2010:
While cyclical, the number of sales of all homes in Harwich MA in general are flat over the last 5 years:
So what does all this mean? Well, if you're looking for a home in the town of Harwich, you better not mess around too much. While sales are overall are relatively flat, prices of homes are climbing.
Still, lowball offers won't cut it in a market like this. Sellers aren't in control of the market either, 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.
Comments(0)