Below are the current sales stats of properties in the Provincetown, Truro, and Wellfleet area of Cape Cod for the 1st quarter of 2009. Data retrieved from the Cape Cod MLS system as of 12 noon on April 1, 2009.
As you can see, sales have slowed compared to the first quarter of 2008. On the positive side, prices have declined much slower than other areas on Cape Cod and the rest of the nation. However, this might be the reason for slower sales volume.
For more details, feel free to call me at 508-237-4632 to discuss your personal real estate goals and objectives.
|
Volume of closed sales |
Year to date 2009 |
Last year to date 2008 |
|
Provincetown |
|
|
|
Condos |
7 |
28 |
|
Single family |
5 |
4 |
|
Average days on the market |
348 |
199 |
|
|
|
|
|
Truro |
|
|
|
Condos |
2 |
4 |
|
Single family |
4 |
4 |
|
Average days on the market |
177 |
237 |
|
|
|
|
|
Wellfleet |
|
|
|
Condos |
1 |
2 |
|
Single family |
7 |
8 |
|
Average days on the market |
152 |
300 |
|
|
|
|
|
Total sales |
26 |
50 |
|
Sales Prices (2009) |
Highest |
Lowest |
Average |
|
Provincetown |
|
|
|
|
Single Family |
$1,366,000 |
$340,000 |
$870,000 |
|
Condos |
$494,000 |
$210,000 |
$315,000 |
|
|
|
|
|
|
Truro |
|
|
|
|
Single Family |
$775,000 |
$404,000 |
$525,000 |
|
Condos |
$455,000 |
$245,000 |
$350,000 |
|
|
|
|
|
|
Wellfleet |
|
|
|
|
Single Family |
$669,000 |
$350,000 |
$487,000 |
|
Condos |
$230,000 |
$230,000 |
$230,000 |
