The Falmouth Real Estate Market in 2014
In the Falmouth real estate market in 2014, there were 535 single family homes sold, 59 condominiums sold, and 28 lots of land sold. There were 8 multifamily buildings sold in Falmouth MA. This report does not include commercial properties sold in 2014 in Falmouth.
The average closed price of the single family homes was $536,827. The average sold price of the condos was $403,543. The average land cost was $185,411.
The properties in each category were on the market for an average of 176, 199, and 377 days respectively. Most of the single family homes were 3 bedrooms. Most of the of the condo units had two bedrooms. The multi-family properties ranged from 2 family buildings to 6 unit buildings.
The average living space for the single family homes was 1873 square feet. The average living space for the condominiums was 1589 square feet. The lots averaged about half an acre of land.
There were 43 properties that sold above $1,000,000. Over 130 single family homes sold in 2014 that were priced over $500,000 and less than a million dollars. The 59 condos that sold in Falmouth had prices ranging from $48,500 to $1,265,000. The lot prices ranged from $51,500 to $575,000.
Holly and I are in the Falmouth and Upper Cape Cod Market every day. We can help you know how your property fits into all these numbers.
We would be glad to tailor a report to your specific property. If you would like more details on the Falmouth Real Estate Market, they are available for the asking. Call, Email or text.