Market Update for the Upper Cape: there are 367 properties below $300,000, 227 properties below $250,000, 113 properties below $200,000, 31 properties below $150,000, and 13 properties below $100,000.

Upper Cape Cod Real Estate Market – 1020 single family homes on the market which is 0,9% less than this time last year and 1.5% less than 2009. The 1020 homes on the market is the least amount in the last 6 years for this week. By contrast there were 1207 homes on the market in 2007 at this time. http://www.CapeResidentialTeam.com

Upper Cape Cod Real Estate Market – 926 single family homes on the market which is 8.4% less than this time last year & 6.5% less than 2009. The 926 homes on the market is the least amount in the last 6 years for this week. By contrast there were 1163 homes on the market in 2007 at this time. http://www.CapeResidentialTeam.com

FALMOUTH

February Median Selling Price is up 21% from 2010 and 6% from 2009

The number of transactions in February was down 1 unit from 2010, though up 33% from 2009, the median selling price was up 9% to $337,500 and up 27% from 2009.

  • FEB Sales Volume is down 5% (18 vs 19) from 2010 & is up 20% from 2009
  • YTD Sales Volume is up 5% (40 vs 38) from 2010 & is up 33% from 2009
  • FEB Median Selling Price is up 21% to $379,750 from 2010 & is up 6% from 2009
  • YTD Median Selling Price is up 14% to $370,500 from 2010 & is up 9% from 2009
 

Median Selling Price – YTD

% Change from FEB 11 Transactions – YTD

% Change from FEB 11

Feb-11

 $ 370,500 0% 40 0%
Feb-10  $ 325,750 14% 38

5%

Feb-09

 $ 340,000 9% 30 33%
Feb-08  $ 441,250 -16% 46

-13%

Feb-07

 $ 379,900 -2% 59 -32%
Feb-06  $ 425,000 -13% 47

-15%

Feb-05

 $ 394,900 -6% 51 -22%
Feb-04  $ 354,950 4% 68

-41%

Feb-03

 $ 299,500 24% 70

-43%

Feb-02

 $ 295,000

26% 70

-43%

Feb-01

 $ 234,900 58% 62

-35%

                              * Source Date Cape Cod & Islands Multiple Listing Service

The above chart shows the Year-To-Date comparison over the past 11 years for Median Selling Price and number of Single Family transactions.

Falmouth, Massachusetts February Median Selling Price was up 21% from 2010 and 6% from 2009. Check out my blog for further info. http://tinyurl.com/DanesBlog

UPPER CAPE COD

February Median Selling Price is up 9% from 2010 and 27% from 2009

The number of transactions in February was down 5 units from 2010, though up 8% from 2009, the median selling price was up 9% to $337,500 and up 27% from 2009.

  • FEB Sales Volume is down 11% (42 vs 47) from 2010 & is up 8% from 2009
  • YTD Sales Volume is down 6% (91 vs 97) from 2010 & is up 10% from 2009
  • FEB Median Selling Price is up 9% to 337500 from 2010 & is up 27% from 2009
  • YTD Median Selling Price is up 14% to 360000 from 2010 & is up 30% from 2009

    

  Median Selling Price – YTD % Change from FEB 11 Transactions – YTD % Change from FEB 11

Feb-11

 $ 360,000 0% 91 0%
Feb-10  $ 317,000 14% 97

-6%

Feb-09

 $ 277,500 30% 83 10%

Feb-08

 $ 368,000 -2% 99 -8%

Feb-07

 $ 350,000 3% 125

-27%

Feb-06  $ 399,700 -10% 115

-21%

Feb-05

 $ 385,000 -6% 166 -45%
Feb-04  $ 350,000 3% 186

-51%

Feb-03

 $ 319,950 13% 200 -55%
Feb-02  $ 269,900 33% 165

-45%

Feb-01  $ 222,500 62% 135

-33%

 

* Source Date Cape Cod & Islands Multiple Listing Service

 The above chart shows the Year-To-Date comparison over the past 11 years for Median Selling Price and number of Single Family transactions.

Upper Cape Cod Real Estate Market – 894 single family homes on the market which is 7.7% less than this time last year & 8.5% less than 2009. The 894 homes on the market is the least amount in the last 6 years for this week. By contrast there were 1138 homes on the market in 2007 at this time. http://www.CapeResidentialTeam.com

Upper Cape Cod Real Estate Market – 880 single family homes on the market which is 7.6% less than this time last year & 10.2% less than 2009. The 880 homes on the market is the least amount in the last 6 years for this week. Http://www.CapeResidentialTeam.com

It’s nice to see a continued improvement in the real estate market here in Massachusetts.

Upper Cape Cod Real Estate Market – 159 single family homes under agreement which is 3.8% more than this time last year & 27% more than 2009

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