Falmouth, MA Real Estate News

By Kevin Mikolazyk
(LBS Realty Group, Inc)
Complied 1/2/08December, 2007November 2007December, 2006Houses sold               2637               38Lowest price$152,000$230,000$213.000Highest Price$1,100,000$2,050,000$11,325.000Average Sale Price     $497,812      $547,615$795,000Avg. Days On Market185121142% sale price / list price93.4493.29%94.93% On average, sellers reduced their original list prices by 12% to get their properties sold.  Trend to watch: the Cape Cod MLS reports 386 Single Family homes on the market in Falmouth which is down 32% from the high inventory of fall '06 where we had 566 homes on the market.   In Falmouth during December, the Cape Cod MLS reports this activity for single family homes:35 new listings 37 came under agreement83 price reductions Falmouth Ma Real Estate, Cape Cod Real Estate, Cape Cod Forec...
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By Steve Clay
(Keller Williams Cape Cod and the Islands)
The Falmouth, Massachusetts' annual Christmas parade helped kick off the 2007 holiday season on Cape Cod December 2. The theme of the parade was "Christmas Legends" and the float entered by Century21 Cape Associates was based on the movie "It's a Wonderful Life." In spite of 23 degree temperatures, both sides of the street were lined with people as the mile-long parade went by. Everyone had a great time, but the returning to inside warmth also felt great!The Century21 Cape Associates parade team!  
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By Steve Clay
(Keller Williams Cape Cod and the Islands)
The holiday season moves into full gear this weekend as the Chamber of Commerce and local residents begin their "Holidays-By-The-Sea" series of events. Caroling, a pancake breakfast, and the annual Christmas Parade on Sunday at noon are all part of the big kick-off weekend. Century21 Cape Associates will have a float in the parade as will the Falmouth Rotary Club, a local service club that I belong to. For a complete list of all Falmouth's holiday activities, click on the link below:http://www.falmouthchamber.com/documents/Holiday-Schedule-2007.pdf 
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By Steve Clay
(Keller Williams Cape Cod and the Islands)
The headline in today's USA Today prompted me to post this information. The headline: "Home prices plunge further: Declines likely to go on as sales fall." Since all real estate is local, I thought I would post the following report. It is reprinted directly from the Barnstable County (Cape Cod, MA) Registry of Deeds website and it gives a good overview of the current housing market on the Cape. VOLUME FLAT, VALUE DIPS!Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2007 was down 0.2% from October 2006 volume and the total value of sales was up 3.5% from the previous year.  The median individual property sale value was down 7.6% from the previous year.  There was a 28.1% decrease in the volume of mortgage activity from October 2...
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By Steve Clay
(Keller Williams Cape Cod and the Islands)
I don't know if you are experiencing the same thing, but activity in the Falmouth, MA (upper Cape Cod) area has picked up substantially in October. After a slow summer where buyers looked but didn't act and many sellers were holding fast on their higher listing prices, it seems that many buyers have decided to act and the sellers are more willing to negotiate. Since we all know that a house that is priced right will sell, this is good news for the housing market on Cape Cod.What is happening in your market area?Here's a sample of great year-round retreats that are available. This renovated home is located on a wooded site, has three bedrooms, and is less than 3/10 of a mile to a fresh water beach. The asking price is $265,900. In 2005 there were no homes in Falmouth for less than $300,0...
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By Kate Stenson-Lunt, Eastern MA Home Staging
(Nuances Home Staging Company)
The weather is improving-here in Cape Cod, its in the 80's, I'll be swimming soon in the ocean and taking a bit of time off from work. Home staging is my main business but I certainly enjoy other activities like enjoying beautiful days at the beach playing tennis and the like. Let me know what you enjoy.Enjoy the summer and come visit us sometime!   
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