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      Blog :: 08-2009

      Have we hit "the bottom" in the Cape Cod Real Estate Market??

      The Jewel of Dennis VIllage on 2 acres!

      72 Whig Street - The Jewel of Dennis Village!

      According to The Warren Group, a MA real estate data firm, both SALES PRICES and SALES VOLUME ARE UP for the first time in 20 months!  For the month of July, the median sales price on the Cape was $320,000, up 3.6 percent from the July 2008 price of $308,750.   In the same time period, sales volume increased 9.4 percent from 310 homes sold in Luly 2008 to 339 in July 2009.  This is exciting news because it is the FIRST TIME SINCE THE END OF 2007 that prices have increased compared with the same time the previous year.

      So, what's up?  Well a number of things.  Sellers have become more realistic and have adjusted their prices to the state of the market, so lower prices for Cape Cod homes have attracted attention.  Also, the $8000 first time home buyer tax credit has stimulated activity particularly in the lower end of  the Cape Cod real estate market. And we cannot underestimate the importance of improved WEATHER on our resort area and its real estate market!  So all these factors  are driving what we hope becomes a TREND.  Stay tuned as August figures come in.

      Elaine

      Dennis Historic Committee Approves Solar Energy!

      Solar Panel on Dennis Police Station

      Solar Panel on Dennis Police Station

      Last Wednesday evening  the Dennis Historic Committee approved the installation of solar panels on the front of the Dennis Police Station.  This is a historic achievement because the committee was divided over the issue of appropriate appearance.  Due to the diligent efforts by the Dennis Alternative Energy Committee, the solar panels proposed had a unique anti-reflective coating that actually made the solar panels change color to match the sky.  During an on-site visit, a solar panel was placed on the roof of the police station (see picture above) so the Historic Committee could evaluate the look.  Because of the design of the panels and the grid configuration, the color appeared somewhat brown and grey as opposed to the blue color of the actual solar panel.  Additionally, the Historic Committee was convinced by the applicant that through the manufacturer's warranty and the requirements of efficient solar energy capture, the panels would be properly maintained throughout their time on the roof. Finally, the location of the police station reduced the impact of the solar panels on the surrounding neighborhood and the historic district

       Once the solar panels are installed, the Historic Committee and the residents of Dennis will determine for themselves if the Solar Panels detract from the overall good or add to it.  In either case, history will be made.

      Peter

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      Cape Cod Neighborhood Sales Data: July/August 2009

      The following is recent sales activity for the Mid-Cape villages of Dennis, East Dennis, South Dennis and West Dennis.

      July 1, 2009 through August 15, 2009 as reported by Cape & Islands MLS.

          List Price Sale Price SP%LP
               
      13 West Wind Dr Dennis 254,900 265,000 104
      21 Ronda Ln Dennis 369,800 345,000 93
      32 Packet Dr Dennis 469,900 448,500 95
      60 Howes Path Dennis 599,900 590,000 98
      95 Black Ball Hill Rd Dennis 667,500 655,000 98
      120 Corporation Rd Dennis 749,000 660,000 88
      20 Grassy Pond Dr East Dennis 259,900 255,000 98
      10 High Head Rd East Dennis 365,000 333,500 91
      48 Braddock Cir East Dennis 350,000 335,000 96
      39 Forest Pines Dr East Dennis 349,000 342,500 98
      25 Northside Dr East Dennis 369,900 358,000 97
      15 Clearview Dr East Dennis 369,900 375,000 101
      59 Settlers Ln East Dennis 392,000 383,500 98
      23 Holway Dr East Dennis 439,000 423,900 97
      17 Wager Ln South Dennis 239,900 235,000 98
      14 Linda Way South Dennis 249,500 236,500 95
      16 Crosby Cir South Dennis 279,000 260,000 93
      75 Duck Pond Rd Ext South Dennis 299,900 261,500 87
      44 Dunstable Cross Rd South Dennis 279,900 271,500 97
      11 Scott Tyler Rd West Dennis 289,000 275,000 95
      37 School St West Dennis 299,900 282,000 94
      9 Bayberry Rd West Dennis 489,900 448,000 91
      45 Uncle Stephens Rd West Dennis 2,095,000 1,950,000 93

      Cape Cod Baseball League: It's not too late!

      Cape Cod Baseball League
      Image via Wikipedia

      The motto of the Cape Cod Baseball League is: "WHERE THE STARS OF TOMORROW SHINE TONIGHT!"   Top college baseball players from all over the country come HERE to find out if they are ready for the "big leagues!" Even knowing this, I was surprised to hear our teenage son tell us that 29 of the 40 first round draft picks this year were alums of the Cape Cod Baseball League!  That's some statistic! 

      We who live year-round on the Cape often take for granted some of the most special things about our home and the Cape Cod Baseball League certainly falls into that category. Their first game in June is always the true herald of summer. But today begins the play-offs and we have yet to attend a game this summer!!!  How did that happen??

      Not too late though! Beginning this final week,  there are two games today - one this afternoon at Cotuit (vs. Wareham) and one tonight ata Orleans (vs. Chatham)  The play-offs proceed through the weekend.  For details of upcoming games, click on this link!  The Cape Cod Baseball League . Play ball!

      Elaine