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% | ||||
