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The Falmouth Real Estate Market February 2014

By
Real Estate Agent with https://teamcoker.robertpaul.com 9023635

The Falmouth Real Estate Market February 2014

 

In February of 2014, there were 28 single family homes closed (sold), 1 condo property, and 2 lots of land sold in Falmouth MA.  There were no multi-families closed in February for 2014 in Falmouth. That is a total of 31 properties sold in Falmouth in February of 2014.

 

For the month of February 2014, the average closed price of the single family homes was $411,661. The closed price of the condo was $325,000.  The average cost of the lots was $230,000.

 

The Falmouth properties in each category were on the market for an average of 199, 342, and 300 days respectively.  The lots averaged 0.33 acres for an average cost of around $2.70 per foot.  Most of the single family homes were 3 bedrooms, 10 homes with four bedrooms, 4 properties with 2 bedrooms, and one seven bedroom closed.  The condo was a two bedroom.

 

The average living space for the single family homes was 1779 square feet. The living space for the condo was 1352 square feet.  And, the lots had 0.41 and 0.25 square feet of acreage.

 

There was only 1 property sold that was above $1,000,000, and it was a single family home. Five other single family homes were over $500,000 and less than a million. The lot prices were $35,000 and $42,500, with one lot being unbuildable. Can you guess which one? 

 

If you would like more details on the Falmouth Real Estate Market, they are available for the asking.

hcoker@robertpaul.com

Posted by

Heath Coker, Associate Broker
Berkshire Hathaway Homeservices Robert Paul Properties
teamcoker.robertpaul.com
508-548-8888  Licensed in MA
Its a beautiful day on Cape Cod!

James Heath Coker | Create Your Badge

Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Associate Broker Falmouth MA Cape Cod Heath Coker Lots of good market information here in your blog post. It appears that the buyer preference is not for condos, but single family homes. Great choice in my opinion!

Dec 27, 2014 02:22 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you for the data you have there on the Falmouth Real Estate Market.

Dec 27, 2014 05:24 AM