Cape Cod Real Estate Information for 2011

By
Real Estate Broker/Owner with The Destination Realty Group - William Raveis

CAPE COD REAL ESTATE ACTIVITY THROUGH DECEMBER 2011

This Data is according to the Barnstable County Registry of Deeds. In summary 2011 was not a great year for Cape Cod Real Estate. Total Sales were off by 6.4% and the Average price was down 2% or $6,000.00. Some good news for homeowners is the drop in foreclosures.

AS COMPARED TO THE SAME PERIOD IN 2010.

All figures are based on sales or mortgages ABOVE $50,000.00.

2011 sales volume: 5,650

2010 sales volume: 6,039

2011 total sales value:  $2,324,184,284.00

2010 total sales value:  $2,609,568,428.00

 

2011 median sales price: $290,000.00

2010 median sales price: $296,000.00
 

MEDIAN SALES VALUES Per Month 2011:

(Sales values above $50,000.00)

M/Y                Value                          % Differential/prior month

Dec        2010:     $310,000.00                                +4.3%

Jan        2011:     $301,500.00                                -2.7 %

Feb        2011:     $260,000.00                               -13.8 %

Mar       2011:     $268,000.00                                +3.1%

Apr        2011:     $288,500.00                                +7.6 %

May       2011:     $300,000.00                                +4.0%

June       2011:     $275,000.00                                 -8.3%

July        2011:     $284,500.00                                +3.5%   
Aug        2011:     $277,000.00                                 -2.6%

Sep         2011:     $302,000.00                                +9.0%

Oct         2011:     $300,000.00                                -0.7%
Nov        2011:     $294,000.00                                -2.0%

Dec        2011:     $300,000.00                                +2.0%

 

FORECLOSURE DEEDS

MONTH                     YTD              

2011    29                                488                                                                                         

2010    37                                736

Chg.    -21.6%                        -33.7%

To follow the Cape Cod Real Estate Market "like" us on Facebook.com/DestinationRealty You will find weekly updates on the trends and much more local and national real estate information.

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