2014 Market Update Falmouth, Cape Cod, MA

By
Real Estate Broker/Owner with RIVER FARM PROPERTIES, LLC BK3341635 - Florida

This is the sixth market update as a service to clients and prospects.  We are providing home sale data across the markets we cover in Plymouth County & Cape Cod.  Today is FALMOUTH, CAPE COD, MA.  We will compare Q4 2013 vs. the start of the new year through January 2014.  We expect Data to still point to weakness in terms of sales vs. inventory or homes for sale and prices to rise overall through 2014.  Here is a brief recap:

Cape Cod, homes for sale, Dennis 

     (Falmouth Harbor, Cape Cod)

 

FALMOUTH

Closed Sales -  (124 or 41/mo.) Q4 2013  down -51%  January 2014 (20, SFR)

Homes For Sale-Inventory -  (970 or 323/mo.) Q4 2013, down -35%  January 2014 (211)

Median Sale Price -                  ($358,000) Q4 2013  up  8.9%  January 2014 ($390,000)

Avg. Days on Mkt -                   Q4 2013 (123)  up  11%  January MTD 2014 (136)

Avg. Discount List Price -       Q4 2013 11%   January MTD 2014 8%

Information provided by CC&IMLS & MLS PIN Network data not guaranteed

 

www.RiverFarmProperties.com

Comments (5)

Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Spring is on the way John....hoping for a better sales season.

Feb 02, 2014 10:41 AM
Anonymous
John Muscarella
Yeah Ginny this is the slowest Jan I've seen in 8 years.
Feb 02, 2014 07:07 PM
#2
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi John.  I am glad to see prices are up.

Feb 02, 2014 07:39 PM
John F Muscarella
RIVER FARM PROPERTIES, LLC - Venice, FL
Broker/Owner, Venice, FL, Florida's Suncoast

Conrad, generally this is true across our markets.  A good sign, now for inventory...

Feb 02, 2014 07:55 PM
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great information on your local market.

 

Thank you for sharing this important information about the Real Estate market in your area!

Feb 02, 2014 10:05 PM