The Falmouth Real Estate Market August 2014
In August of 2014, there were 57 single family homes closed (sold), 9 condominiums, 2 lots of land sold, and no multifamily building sold in Falmouth MA. This report does not include commercial properties sold in August of 2014 in Falmouth. That is a total of 68 properties sold in Falmouth in August of 2014.
The average closed price of the single family homes was $531,429. The average closed price of the condos was $458,611. The average cost of the lots of land was $374,875.
The properties in each category were on the market for an average of 169, 180, 255 days respectively. Most of the single family homes were 3 bedrooms, 17 homes had four bedrooms, eleven properties with 2 bedrooms closed, and there were three properties with 5 or more bedrooms sold. Four condominium units had two bedrooms and the other condo units were three or more bedroom units.
The average living space for the single family homes was 1837 square feet. The average living space for the condos was 1808 square feet. The lots averaged approximately 0.73 square feet of acreage.
There were four properties sold above $1,000,000. Fifteen single family homes sold in August 2014 that were over $500,000 and less than a million dollars. The condos sold with prices from $197,000 to $605,000. The lot prices ranged from $70,000 to $250,000.
If you would like more details on the Falmouth Real Estate Market, they are available for the asking. Email or text.
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