2014 Market Update Hyannis, Cape Cod, MA

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

This is the tenth and last in a series of market updates, a service to clients and prospects.  Over the past week, we provided home sale data across the markets we cover in Plymouth County & Cape Cod.  Today is HYANNIS, 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, Hyannis MA 

     (Hyannis Harbor, Cape Cod)

 

HYANNIS

Closed Sales -  (41 or 14/mo.) Q4 2013  down  -79%  January 2014 (3, SFR)

Homes For Sale-Inventory -  (312 or 104/mo.) Q4 2013  down  -12%  January 2014 (92)

Avg. Sale Price -                       ($489,330) Q4 2013  down  -18%  January 2014 ($403,333)

Avg. Days on Mkt -                   Q4 2013 (112)  down  -4%  January 2014 (107)

Avg. Discount List Price -      Q4 2013 12%   January 2014 9%

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

 

www.RiverFarmProperties.com

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Rainer
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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

It continues to surprise me at the lack of sales at the Cape John.  I hope 2014 turns around.

Feb 05, 2014 07:17 PM #1
Rainer
387,720
John F Muscarella
RIVER FARM PROPERTIES, LLC - Venice, FL
Broker/Owner, Venice, FL, Florida's Suncoast

Conrad - the winter months usually slow but the weather has been especially tough this year and not at all conducive to house hunting.  Spring should pick up.

Feb 05, 2014 07:21 PM #2
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Rainer
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John F Muscarella

Broker/Owner, Venice, FL, Florida's Suncoast
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