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Market Insights (May 6, 2009)

 

The following is the first of what will be WEEKLY entries of market data for MID-CAPE REAL ESTATE.

This week's data shows that prices are stabilizing in Dennis.

            Unit Sales (YTD)   Median Price (YTD)
  2008 2009    % Change 2008 2009 % Change
Dennis              
Single Family 50 34 -32% $289,450 $295,000 2%
Condo 23 9 -61% $135,000 $140,000 4%
Days on Market 100 137 37%  
% Asking Price 93 94 1%  
   
Yarmouth        
Single Family 73 72 -1% $304,900 $228,125 -25%
Condo 28 13 -54% $250,000 $195,000 -22%
Days on Market 176 120 -32%  
% Asking Price 92 93 1%  
   
Brewster        
Single Family 25 16 -36% $358,500 $351,500 -2%
Condo 12 4 -67% $239,500 $209,646 -12%
Days on Market 151 144 -5%  
% Asking Price 94 91 -3%  
   
Harwich        
Single Family 47 41 -13% $365,000 $335,000 -8%
Condo 2 7 250% $160,000  
Days on Market 123 176 43%  
% Asking Price 94 93 -1%  
   
Barnstable        
Single Family 10 20 100% $477,500 $310,000 -35%
Condo 1 2 100%  
Days on Market 129 144 12%  
% Asking Price 95 92 -3%  
   
Cape Cod        
Single Family 639 538 -16% $345,000 $280,000 -19%
Condo 216 118 -45% $246,250 $227,000 -8%
Days on Market 161 166 3%  
% Asking Price 93 92 -1%  

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