I’m pleased to report that Cape Cod home sales for the second half of the year remain strong. In Barnstable County through November 2012, a total of 3,667 single family homes (SFH) and 930 condos have sold, compared to 2,846 SFH and 689 condos this time last year. Median sale prices in Barnstable County also rose, to $320,000 from $315,000 for SFH and $230,000 from $225,000 for condos.
For the Lower Cape towns of Chatham, Harwich, Brewster and Orleans, here are the numbers Jan thru Nov 2012 according to The Warren Group.
Brewster – 145 single family homes (SFH) and 66 condos have sold, compared to 124 SFH and 44 condos same time in 2011. The median sale price for SFH is $393,500, a great increase from $353,500! Brewster condos year to date are at $208,750 compared to $193,500.
Chatham – 144 SFH have sold, up from 128 a year ago. The SFH median sale price dropped to $545,000 from $639,500 though. Good news in the condo market however. Sales are up, with 28 sold compared to 13 in 2011, and the median sale price up slightly to $353,000 compared to $350,000.
Harwich – 250 SFH have sold thru Nov 2012, up 28 percent from 195 this time last year. Condo sales are nearly flat with 30 this year compared to 29 in 2011. Harwich median pricing also dropped, thru Nov it is $332,250 for SFH compared to $350,000, and $150,000 for a condo versus $168,000 in 2011.
Orleans – 134 SFH sold through Nov 2012 versus 84 this time in 2011, an increase of 60 percent! 39 condos have sold, compared to 25 in 2011. Median sale prices are up too, a long time coming for Orleans. SFH median thru Nov 2012 is $518,750 vs. $510,000 last year, and condos are $225,000 vs. $220,000.
Most realtors I know and their offices are still busy this month (December), when it’s normally quiet. Many homes and condos are still going under contract and selling every day, so I anticipate a big finish to the year. I’ll report back mid-January when the December numbers are in. Just before our busy Spring market starts in February!
Meanwhile, despite the stress of the holidays in general, topped by the sadness we are all feeling over the Connecticut tragedy, I wish everyone a very special Christmas or Hanukah. Remember what, and who, is important to you, and make sure you tell them.