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Cape Cod Real Estate Sales Data for Dennis, Brewster, Yarmouth, Orleans, Harwich and Barnstable

Thursday, July 15th, 2010

Cape Cod Real Estate market continues to rebound confirming the value of vacation homes on Cape Cod. Dennis leads the way along with Yarmouth, Harwich and Barnstable.

This data covers sales from JANUARY  through JUNE 2010

           
                 
  Unit Sales (YTD)   Median Price (YTD)  
  2009   2010 % Change   2009 2010 % Change  
Dennis                
Single Family 16 32 100%        $311,450       $340,000 9%  
Condo 2 4 100%   $156,500 $166,500 6%  
Days on Market 114 110 -4%          
% Meet Selling Price 93 94 1%          
                 
Yarmouth                
Single Family 22 43 95%   $257,000 $285,000 11%  
Condo 9 11 22%   $184,000 $205,000 11%  
Days on Market 149 111 -26%          
% Meet Selling Price 92 93 1%          
                 
Brewster                
Single Family 13 16 23%   $430,000 $407,500 -5%  
Condo 8 8 0%   $247,500 $253,000 2%  
Days on Market 179 161 -10%          
% Meet Selling Price 94 91 -3%          
                 
Harwich                
Single Family 13 29 123%   $311,000 $355,000 14%  
Condo 2 2 0%   $375,000 $137,000 -19%  
Days on Market 137 108 -21%          
% Meet Selling Price 94 93 -1%          
                 
                 
Orleans                
Single Family 6 10 67%   $735,000 $547,500 -26%  
Condo 2 3 50%   $245,000 $250,000 4%  
Days on Market 163 160 -2%          
% Meet Selling Price 95 92 -3%          
Barnstable                
Single Family 45 84 87%   $277,000 $359,000 30%  
Condo 4 7 75%   $63,000 $107,000 -46%  
Days on Market 179 1621 806%          
% Meet Selling Price 95 92 -3%          
                 
Cape Cod                
Single Family 1554 1130 -27%   $331,200 $364,900 10%  
Condo 219 292 33%   $253,000 $269,000 6%  
Days on Market 151 148 -2%          
% Meet Selling Price 93 92 -1%          
                 
                 
                 
                 

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Cape Cod Real Estate Sales Data for Dennis, East Dennis and West Dennis: October/December 2009

Thursday, January 21st, 2010

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

October 1, 2009 through December 31, 2009 as reported by the Cape & Islands MLS.

    List Price Sale Price SP%LP
         
10 Signe Rd Dennis 179,900 163,000 91
13 Fairview Ave Dennis 229,000 217,500 95
61 South Yarmouth Rd Dennis 249,900 241,000 96
4 Whittier Dr Dennis 300,000 305,000 102
42 Billingsgate Rd Dennis 399,500 392,000 98
198 New Boston Rd Dennis 419,500 395,000 94
29 Six Penney Ln Dennis 419,500 412,000 98
455 Main St Dennis 489,000 420,250 86
38 Partridge Ln Dennis 520,000 450,000 87
47 Rodolph Way Dennis 485,000 481,000 99
44 Studio Way Dennis 549,900 515,000 94
43 Dr. Stanton Rd Dennis 599,900 599,900 100
84 Nobscusset Rd Dennis 659,900 622,500 94
32 Pilgrim Rd Dennis 639,000 657,750 103
20 Bay View Rd Dennis 755,000 685,000 91
97 Horsefoot Path Dennis 1,679,000 1,400,000 83
16 Luscombe Ln Dennis 3,800,000 3,625,000 95
29 Blackfoot Way East Dennis 299,900 285,000 95
35 Blackfoot Way East Dennis 349,000 330,000 95
1280 Route 134 East Dennis 389,000 375,000 96
174 King James Dr East Dennis 425,000 410,000 96
73 Prince Way East Dennis 599,900 555,000 93
9 Holway Dr East Dennis 599,000 599,000 100
4 Surrey Ln East Dennis 750,000 730,000 97
65 Stephen Phillips Rd East Dennis 1,075,000 935,000 87
41 Stillman Kelley Rd East Dennis 1,199,999 1,140,000 95
56 Old Town Ln East Dennis 2,495,000 1,800,000 72
26 Teal Cir West Dennis 299,900 284,000 95
146 Loring West Dennis 289,500 289,900 100
15 Mari Jane Rd West Dennis 319,900 305,000 95
21 Indian Pond Rd West Dennis 335,000 320,000 96
6 Shore Rd West Dennis 379,000 352,500 93
10 Chapman Rd West Dennis 425,000 426,000 100

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Cape Cod Real Estate: What’s Going On?

Saturday, January 9th, 2010
Winter on Cape Cod

Winter on Cape Cod

“Happy New Year!” is the refrain at this time of year.  And here at Lomenzo Properties, we are indeed off to a happy start!

On New Year’s Day, after several months of less than vigorous sales activity, we received FOUR offers from our clients on properties in price ranges from $200K to $2,000,000.  Interestingly, the properties are located in towns/villages  representing a wide range of Cape markets: DENNIS , CHATHAM,  WEST YARMOUTH and HARWICH PORT.  Two of the offers have been negotiated to acceptance and two more are in process.

Needless to say,  this kind of activity fuels our optimism for the upturn in the Cape Real Estate Market for 2010!  What are you waiting for ?!  :)

Elaine

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Cape Cod Real Estate Rebounding for the Season

Saturday, December 19th, 2009

Cape Cod Real Estate is rebounding from 3 long years of declining values.  The year-to-date change in Sales Volume of Single Family homes in Dennis and Brewster are leading the way for all of Cape Cod.  Brewster and Harwich are experiencing only slight declines in Median Prices, while Dennis is seeing a surge in Sales Volume to less than a 5% decline.  Cape Cod has shown amazing resilience this year as Sales Volume and Median Prices have dropped under 9%.  We call it a rebound.  You can call it – Opportunity!

 

 

      17-Dec-09        
               
  Unit Sales (YTD)   Median Price (YTD)
  2008 2009 % Change   2008 2009 % Change
Dennis              
Single Family 237 226 -5%   $325,000 $285,000 -12%
Condo 68 35 -49%   $126,250 $157,500 25%
Days on Market 126 114 -10%        
% Meet Selling Price 93 94 1%        
               
Yarmouth              
Single Family 410 342 -17%   $267,900 $255,000 -5%
Condo 52 51 -2%   $246,250 $180,000 -27%
Days on Market 101 149 48%        
% Meet Selling Price 92 93 1%        
               
Brewster              
Single Family 118 117 -1%   $370,000 $355,000 -4%
Condo 36 28 -22%   $240,000 $232,500 -3%
Days on Market 118 179 52%        
% Meet Selling Price 94 91 -3%        
               
Harwich              
Single Family 214 194 -9%   $350,000 $325,500 -7%
Condo 10 15 50%   $197,445 $160,000 -19%
Days on Market 156 137 -12%        
% Meet Selling Price 94 93 -1%        
               
               
Orleans              
Single Family 88 67 -24%   $537,050 $502,000 -7%
Condo 27 16 -41%   $225,000 $234,500 4%
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
Barnstable              
Single Family 453 458 1%   $406,250 $375,000 -8%
Condo 4 7 75%   $225,500 $122,000 -46%
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
               
Cape Cod              
Single Family 2796 2582 -8%   $350,000 $320,000 -9%
Condo 654 572 -13% # $230,000 $225,000 -2%
Days on Market 143 154 8%        
% Meet Selling Price 93 92 -1%        

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Cape Cod Real Estate Stats – Dennis Leads the Positive Trend

Thursday, November 19th, 2009

October sales results indicate a recovery in unit sales and median prices for Dennis, Brewster and Barnstable.  While the rate of sales is down from last year, the rate of decline is half of September’s.  A good trend and time for Buyers to jump in!

      17-Nov-09        
               
  Unit Sales (YTD)   Median Price (YTD)
  2008 2009 % Change   2008 2009 % Change
Dennis              
Single Family 221 200 -10%   $328,000 $295,500 -10%
Condo 68 35 -49%   $126,250 $157,500 25%
Days on Market 126 114 -10%        
% Meet Selling Price 93 94 1%        
               
Yarmouth              
Single Family 388 312 -20%   $269,500 $255,000 -5%
Condo 52 51 -2%   $246,250 $180,000 -27%
Days on Market 101 149 48%        
% Meet Selling Price 92 93 1%        
               
Brewster              
Single Family 116 105 -9%   $370,000 $353,000 -5%
Condo 36 28 -22%   $240,000 $232,500 -3%
Days on Market 118 179 52%        
% Meet Selling Price 94 91 -3%        
               
Harwich              
Single Family 198 173 -13%   $354,250 $324,000 -9%
Condo 10 15 50%   $197,445 $160,000 -19%
Days on Market 156 137 -12%        
% Meet Selling Price 94 93 -1%        
               
               
Orleans              
Single Family 81 58 -28%   $540,200 $494,000 -9%
Condo 27 16 -41%   $225,000 $234,500 4%
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
Barnstable              
Single Family 426 401 -6%   $406,250 $375,000 -8%
Condo 1 2 100%   $225,500 $122,000 -46%
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
               
Cape Cod              
Single Family 2265 1926 -15%   $335,000 $307,450 -8%
Condo 624 461 -26%   $247,000 $225,000 -9%
Days on Market 143 154 8%        
% Meet Selling Price 93 92 -1%        
               

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Cape Cod Real Estate Sales Data for Dennis, East Dennis, South Dennis and West Dennis: August/September 2009

Thursday, October 1st, 2009

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

August 16, 2009 through September 30, 2009 as reported by Cape & Islands MLS.

List Price Sale Price SP%LP
14 Signe Rd Dennis 172,900 166,500 96
39 Whittier Dr Dennis 265,000 262,000 99
24 Courier Dr Dennis 439,000 425,000 97
4 Bramble Ln Dennis 529,000 470,000 89
866 Old Bass River Rd Dennis 529,900 483,500 91
125 Taunton Ave Dennis 625,000 560,000 90
234 Main St Dennis 749,000 701,000 94
33 Dr Lords Rd Dennis 794,000 780,000 98
36 Paul St Dennis 995,000 950,000 95
21 Bleak House Cir Dennis 1,499,000 1,200,000 80
77 South St East Dennis 399,000 365,000 91
4 Forest Hills Dr East Dennis 395,000 375,000 95
35 Strawberry Ln East Dennis 525,000 480,000 91
31 Highcrest Ave East Dennis 519,000 480,000 92
46 Old Bass River Rd South Dennis 225,000 200,000 89
69 Hemlock Ln South Dennis 239,900 219,500 92
389 Old Bass River Rd South Dennis 249,000 240,000 96
13 Jacob Rd South Dennis 259,000 245,000 95
43 Viking Dr South Dennis 299,900 280,000 93
156 Center St South Dennis 299,000 293,000 98
7 Country Cir South Dennis 315,000 302,500 96
39 Bass River Ln South Dennis 399,900 390,000 98
9 Cove Rd South Dennis 549,000 435,000 79
34 Winslow Rd South Dennis 650,000 610,000 94
46 Dutchs Way South Dennis 639,900 615,000 96
66 Cove Rd South Dennis 660,000 620,000 94
239 Swan River Rd West Dennis 199,900 199,900 100

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Cape Cod Real Estate Market Insights (September 16, 2009)

Monday, September 21st, 2009

Mid-Cape home values and sales continued to decline as opportunities increase for Buyers in this market.  Condos remain hardest hit by the economic environment with a 29% YTD decline in sales volume.  The market segments for $1,000,000 improved dramatically as sales doubled over June.

  Unit Sales (YTD)                   Median Price (YTD)
  2008 2009 % Change   2008 2009 % Change
Dennis              
Single Family 143 113 -21%   $325,000 $290,000 -11%
Condo 59 26 -56%   $135,000 $148,500 10%
Days on Market 126 114 -10%        
% Meet Selling Price 93 94 1%        
               
Yarmouth              
Single Family 259 197 -24%   $270,000 $245,000 -9%
Condo 52 51 -2%   $246,250 $180,000 -27%
Days on Market 101 149 48%        
% Meet Selling Price 92 93 1%        
               
Brewster              
Single Family 85 67 -21%   $370,000 $350,000 -5%
Condo 36 28 -22%   $240,000 $232,500 -3%
Days on Market 118 179 52%        
% Meet Selling Price 94 91 -3%        
               
Harwich              
Single Family 134 112 -16%   $364,650 $325,500 -11%
Condo 10 15 50%   $197,445 $160,000 -19%
Days on Market 156 137 -12%        
% Meet Selling Price 94 93 -1%        
               
Orleans              
Single Family 62 43 -31%   $526,500 $468,000 -11%
Condo 27 16 -41%   $225,000 $234,500 4%
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
               
Barnstable              
Single Family 328 278 -15%   $402,500 $334,300 -17%
Condo 1 2 100%   $225,500 $122,000 -46%
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
               
Cape Cod              
Single Family 1965 1646 -16%   $337,000 $305,000 -9%
Condo 547 389 -29%   $245,000 $222,500 -9%
Days on Market 143 154 8%        
% Meet Selling Price 93 92 -1%        

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Lomenzo Properties Wins Website Award

Wednesday, September 16th, 2009

LP_BrokersLomenzo Properties of Dennis Village on Cape Cod  won first runner up in the broker/office category of the Massachusetts Association of Realtors 2009 Website Contest.  We are particularly gratified as we are a small “boutique firm” and beat out countless larger offices in our category. The award was due to the wealth of information offered for users of our website.  As the MAR article stated “Lomenzo Properties does a great job of integrating market statistics, property search, and a well-maintained blog into the visitor experience.” Take a look for yourself and let us know what you think!

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

Wednesday, August 26th, 2009

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

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Market Insights (July 29, 2009)

Wednesday, July 29th, 2009

Sales volume and median prices continue to decline on Cape Cod at an identical rate with the Town of Dennis. The trend also shows a 52% reduction in sales of single family homes priced above $1,000,000.  The sale of land on Cape Cod has dropped severely with only one (1) sale since April of land priced over $350,000. With these facts in mind, pricing properties to sell needs to respect the changes in the Cape Cod real estate market especially in the mid-Cape area.

  Unit Sales (YTD)   Median Price (YTD)
  2008 2009 % Change   2008 2009 % Change

Dennis

              
Single Family 118 91 -23%   $328,000 $290,000 -12%
Condo 39 16 -59%   $135,000 $145,500 8%
Days on Market 126 114 -10%        
% Meet Selling Price 93 94 1%        
               

Yarmouth

              
Single Family 201 165 -18%   $269,000 $240,000 -11%
Condo 35 30 -14%   $240,000 $181,000 -25%
Days on Market 101 149 48%        
% Meet Selling Price 92 93 1%        
               

Brewster

              
Single Family 67 52 -22%   $385,000 $365,000 -5%
Condo 26 12 -54%   $245,000 $227,500 -7%
Days on Market 118 179 52%        
% Meet Selling Price 94 91 -3%        
               

Harwich

              
Single Family 121 91 -25%   $365,000 $324,800 -11%
Condo 6 9 50%   $237,500 $160,000  
Days on Market 156 137 -12%        
% Meet Selling Price 94 93 -1%        
               

Barnstable

              
Single Family 328 278 -15%   $402,500 $334,300 -17%
Condo 1 2 100%        
Days on Market 157 133 -15%        
% Meet Selling Price 95 92 -3%        
               

Cape Cod

              
Single Family 1554 1210 -22%   $350,500 $307,900 -12%
Condo 346 239 -31%   $317,000 $291,400 -8%
Days on Market 143 154 8%        
% Meet Selling Price 93 92 -1%        
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