Whats Hot!
Summer SALES!!!
The summer of 2012 has seen a dramatic increase of single family home sales in Barnstable county.
During the summer of 2012 (6/15/12-9/15/1) 1027 single family homes were sold in Barnstable county compared to only 830 in 2011. An Increase of almost 24%. These are numbers we haven’t seen since 05/06.
The individual towns on the Cape have also seen great sales figures and encouraging growth.
Harwich for example sold 68 single family homes in 2012 compared to 58 in 2011, a 17% growth. That’s not the highest increase on Cape Cod, however, combined with an 11% price increase over the 2011 Harwich Real Estate market making for great progress. The Brewster market is also seeing rapid improvement such as a 21% price increase over the past 2 summers going from an average of $239sqft to $290sqft.
Barnstable Summer Single Family Sales Figures from:
6/15-9/15/10
866 units $260 sqft 212 days on market
6/12-9/15/11
830 units $262sqft 203 dom
6/15-9/15/12
1027 units $261sqft 197 dom
Harwich Summer Single Family Sales figures from:
6/15-9/15/10
63 units $278sqft 186 dom
6/15-9/15/11
58 units $225sqft 188 dom
6/15-9/15/12
68 units $250sqft 287 dom
Brewster Summer Single Family Sales Figures from:
6/15-9/15/10
34 units $239sqft 150 dom
6/15-9/15/11
41 units $278sqft 208 dom
6/15-9/15/12
39 units $290sqft 277 dom
...Whats Not!
Yards that aren't well kept!
There is nothing worse than pulling up to a house with a buyer and seeing a yard that is not well kept. First impressions are very, very important in this market. If the outside of the house does not look good it may reflect badly on the whole package.
BUT, we try turn that negative into a positive for a "do-it-yourself" type of client.
It is easy to dismiss a house based on some much needed landscaping. Lets think of it in these terms...Because many buyers want the pristine yard and don't want to figure in the cost of hiring a landscaper to fix everything, maybe there is a little more flexibility in the purchase price for a buyer who can see past that. Landscaping is something that can be tackled on the weekends by most "do-it-yourself" types of people. Getting your hands dirty on those days you have off from work can pay big dividends when you turn around to sell the property down the road.
If you would like more information, whether you are purchasing a house or thinking about selling, give us a call at 508-258-9010 and we can discuss the process.
