The Falmouth Real Estate Market August 2014   In August of 2014, there were 57 single family homes closed (sold), 9 condominiums, 2 lots of land sold, and no multifamily building sold in Falmouth MA.  This report does not include commercial properties sold in August of 2014 in Falmouth. That is a total of 68 properties sold in Falmouth in August of 2014.   The average closed price of the single family homes was $531,429. The average closed price of the condos was $458,611.  The average cost of the lots of land was $374,875.   The properties in each category were on the market for an average of 169, 180, 255 days respectively.  Most of the single family homes were 3 bedrooms, 17 homes had four bedrooms, eleven properties with 2 bedrooms closed, and there were three properties with 5 or m... 01/08/2015

The Falmouth Real Estate Market July 2014   In July of 2014, there were 45 single family homes closed (sold), 5 condominiums, 4 lots of land sold, and no multifamily building sold in Falmouth MA.  This report does not include commercial properties sold in July of 2014 in Falmouth. That is a total of 54 properties sold in Falmouth in July of 2014.   The average closed price of the single family homes in Falmouth real estate market was $457,543. The average closed price of the condos was $447,650.  The average cost of the lots of land was $126,813.  And, the average cost of the multi-family properties was $461,500.   The properties in each category were on the market for an average of 109, 211, 528 days respectively.  Most of the single family homes were 3 bedrooms, 15 homes had four bedr... 01/07/2015

The Falmouth Real Estate Market June 2014   In June of 2014, there were 73 single family homes closed (sold), 4 condominiums, 2 lots of land sold,and 1 multifamily building sold in Falmouth MA.  This report does not include commercial properties sold in June of 2014 in Falmouth. That is a total of 79 properties sold in Falmouth in June of 2014.   The average closed price of the single family homes was $532,190. The average closed price of the condos was $549,175.  The cost of the lot was $97,000.  And, the average cost of the multi-family properties was $461,500.   The properties in each category were on the market for an average of 200, 368, 506, and 167 days respectively.  Most of the single family homes were 3 bedrooms, 21 homes had four bedrooms, 10 properties with 2 bedrooms closed... 01/07/2015

The Falmouth Real Estate Market May 2014   In May of 2014 there were 54 single family homes closed (sold), 8 condos, 2 Multifamily buildings, and 2 lots of land sold in Falmouth MA.  This report does not include commercial properties sold in May of 2014 in Falmouth. That is a total of 66 properties sold in Falmouth in May of 2014.   The average sale price of the single family homes was $589,820. The average closed price of the condos in Falmouth in May 2014 was $330,856.  The average cost of a lot was $331,000.  And, the average cost of the multi-family properties was $378,750.   The properties in each category were on the market for an average of 237, 200, 42, and 228 days respectively.  Most of the single family homes were 3 bedrooms, 17 homes had four bedrooms, 5 properties with 2 be... 01/05/2015

The Falmouth Real Estate Market April 2014 In April of 2014, there were 27 single family homes closed (sold), 5 condominiums, and 2 lots of land sold in Falmouth MA.  There were no multi-families sold in April of 2014 in Falmouth. That is a total of 34 properties sold in Falmouth in April of 2014. The average closed price of the single family homes was $431,613. The average closed price of the condos was $395,000.  The average cost of a lot in Falmouth in April was $67,500. The properties in each category were on the market for an average of 198, 602, and 255 days respectively.  Most of the single family homes were 3 bedrooms, 11 homes had four bedrooms, and 4 properties with 2 bedrooms closed.  One condo had three bedrooms and the other condo units were two bedroom units. The average l... 01/04/2015

The Falmouth Real Estate Market March 2014   In March of 2014, there were 27 single family homes closed (sold), 4 condos, and 1 lot of land sold in Falmouth MA.  There were no multi-families sold in March of 2014 in Falmouth. That is a total of 32 properties sold in Falmouth in March of 2014.   The average closed price of the single family homes was $402,130. The average closed price of the condos was $285,000.  The cost of the lot of land was $51,500.   The properties in each category were on the market for an average of 138, 329, and 201 days respectively.  Most of the single family homes were 3 bedrooms, 8 homes had four bedrooms, and 5 properties with 2 bedrooms closed.  One condo had one bedroom and the other condo units were two bedroom units.   The average living space for the si... 12/30/2014

The Falmouth Real Estate Market February 2014   In February of 2014, there were 28 single family homes closed (sold), 1 condo property, and 2 lots of land sold in Falmouth MA.  There were no multi-families closed in February for 2014 in Falmouth. That is a total of 31 properties sold in Falmouth in February of 2014.   For the month of February 2014, the average closed price of the single family homes was $411,661. The closed price of the condo was $325,000.  The average cost of the lots was $230,000.   The Falmouth properties in each category were on the market for an average of 199, 342, and 300 days respectively.  The lots averaged 0.33 acres for an average cost of around $2.70 per foot.  Most of the single family homes were 3 bedrooms, 10 homes with four bedrooms, 4 properties with 2... 12/27/2014

The Falmouth Real Estate Market January 2014   In January of 2014, there were 24 single family homes closed (sold), 1 multi-family property, and 6 condos in Falmouth MA.  There were no lots of land closed in January or 2014 in Falmouth. That is a total of 31 properties sold in Falmouth in January of 2014.   The average closed price of the single family homes was $588,727. The price of the multi-family property was $669,900.  The average closed price of the condos was $277,250.   The properties in each category were on the market for an average of 153, 164, and 188 days respectively.  The multi-family had 6 units for an average cost of $88,510 per unit which is around what the average cost for multi-families has been for years.  Most of the single family homes were 3 bedrooms, with only ... 12/27/2014

Falmouth Waterfront Property - Falmouth MA Waterfront Real Estate  The waterfront real estate market in Falmouth MA is strong.  One reason is that there is that Falmouth has more waterfront than any other town in the country. With beaches, oceans, marshes, rivers, lakes, and ponds, Falmouth offers up boating and beaching, swimming and sunbathing, like no other place on Cape Cod.   The comparatively low coast of ocean front property in Falmouth is catching the eye of many independently successful families. A comfortable waterfront property in Falmouth can be found for under $3,000,000. With Jet Blue's daily summer flights to and from HYA (Hyannis - Mid Cape airport) the time to get to Falmouth can be shorter than driving 105 miles from Manhattan to the Hamptons.   Bounded on 2 sides by o... 11/24/2014

Cape Cod Waterfront Homes. Barnstable County Waterfront Real Estate.    The waterfront real estate market on Cape Cod is alive and active. Of course waterfront on Cape Cod can mean many different things. Ocean front property does not always mean beach front property. Waterfront real estate does not always mean ocean front real estate. Waterfront on Cape Cod can mean ocean front, beach front, lake front, river front, marsh front, etc. An experienced professional is worth a consult for identifying the differences between deep water and beach front real estate, and/or comparing that to available water view property.   Cape Cod luxury real estate owners have said that for a certain number of weeks each year, Cape Cod has the best weather in the world.  Thus, people who own property all over... 11/24/2014

Barnstable County real estate activity. How Many homes sold? What is the market like?    When a real estate professional gets a question like one of those above, we need more information to correctly answer. Pros get caught in the purgatory of question-land where we have to decide if the question is just a friendly ice-breaker, or actually a serious question.    If it is serious, we all know, location is important. So is the type of property, and so is the condition. So, maybe we need to know the town and the neighborhood. Then we'll know what beaches, businesses, and amenities are available to the property and owner.  Of course that means a serious social conversation would then start like, "So how's the market for a ten year old SFD, 3 br, 2 ba, ranch, with no garage, within 1/2 mile ... 11/23/2014

Falmouth Real Estate Lookers Are REALLY Turkeys! - Looking For A New Roost With the weather taking a turn toward the winter temps, weekend visits to Cape Cod in search of real estate are left to the serious buyers!  Today the traffic around our downtown Falmouth office was actually turkeys.  We don't know if they haven't gotten the word that it is November and close to Thanksgiving, or if they are really in the market for a new roost.   Of course they probably want waterfront, or close to a cranberry bog, with a dock, and lots of room for the flock.  We have those available!  If you would like a great Cape Cod water front property with a dock, come on in and we'll help you find a great one.   Of course you'll have to get here soon to beat the turkeys!     Call Heath or Holly Coker for h... 11/16/2014

Real Estate Data Is Only As Good As The Source AND The Interpreter   The cleanest data is found in the actual MLS.  Any reliance on a data provider that is not the actual MLS may cause mistaken conclusions. Correct data in any reporting process is important. It is especially important when looking at reports that are generated by data sources that have filtered it themselves, or that received filtered data.   How can I say this? Because I look at the cleanest data - the MLS data - and I see flaws in that data all the time. That MLS data is not always correctly entered.  So if that data is being acquired by a non-MLS user and then filtered and compiled further, it will be even more skewed and corrupt when it is published for some other user down the line.   The problem with basing real e... 11/10/2014

When Should I List My Property For Sale? or What Is The Real Estate Market Doing?   The answer to those questions will depend on where you are, what your price point is, and the condition of your property. These three factors can be discussed with a local real estate professional for the best answer.  They have the most accurate local experience and data.   A piece of visual data that is useful a graphic representation like the one below.  This example shows the actual numeric activity in the Falmouth market for a little more than a year, for all price points.  It shows which months have the most listings, sales, and pending sales.   In each real estate market there are usually peaks and valleys of activity. Falmouth MA has both a year round and seasonal owners, and our town is one of t... 11/08/2014

Falmouth MA Real Estate Activity   Does there seem to be more activity this year than last year in Falmouth MA? The answer can be found in the data that comes from the Cape And Islands MLS. The graph below indicates a pretty steady market here in Falmouth - for listings and sales.   Of course price points will make a difference in what the graph looks like.  This graph is specifically for Single Family properties that are between $350,000 and $550,000. That price range seems to have a lot of customers who would like to buy. The problem is that the listings in that range do not meet the interests of the buyers in that range.   Maybe the properties need too much work.  Maybe they are not close enough to the beaches.  Maybe buyers just haven't wanted to spend yet.  Whatever the answer or r... 11/08/2014

How many homes are for sale in Falmouth MA? We get asked that question often. The answer is around 400 single family homes at any given time. The graph below shows the number of Falmouth homes for sale, under agreement and sold over each of the last 5 years. Falmouth is one of the largest towns on Cape Cod. You can shop and eat expensively or inexpensively. We have a year round economy, low taxes, good schools, and more waterfront that any town in the country. The graph below also shows which months have the most listings and the least listings. People ask us when the best time is to sell a property. The general data shows that information in the graph below, but a better answer can be provided whith specific information about the property in question. Some real estate price points are ... 09/13/2014

The data is out and Holly Coker is One of Cape Cod's Top 20 Real Estate Professionals!  Of course I am a proud spouse, so here's to you Holly!  Lots of fun work and effort to help people find or sell great luxury properties on Cape Cod went into achieving this success. There is a website that publishes the monthly rankings in MA. It also includes a short question and answer section where each real estate professional may provide some insight to their own personality.  I think Holly's answers were superb! You can't help but love a real estate professional with such a great smile, understanding of the real estate business, and appreciation for life.  What a blessing to have such a wonderful team-mate, let alone life mate. You can read the info on Boston's Top 20 - Holly Coker.  If you kno... 09/02/2014

Real Estate Professionals - Using Truth To Help Consumers Make Good Decisions A professional, one who is doing the business of real estate every day, knows their market, knows the trends, and knows the best buys.  A graph like the one below is what a professional has in their head. And, inside the main data reports are lots of subsets of data that get more specific by neighborhood, price point, bedroom count, square footage, lot size, school system, etc.  A professional in the real estate business can provide clarity, understanding, and truth for non-professionals who want to make good decisions. I am often asked, "How's the market?"  Sometimes people are just making conversation and sometimes they are asking what is going on in their neighborhood.  Either way, without data, the answer ... 08/26/2014

3 Story Garage! Cape Cod Home For Sale With 4 Bedrooms Whether you're looking for a place to have room for your shop tools, or storage for your home-business inventory, or a hangar for your airplane, this 3 story garage will provide the expanse you need.  Built with room to move inside, you could even put an indoor pool here!  This is a custom home for the "Southern" Cape Codder. There is comfort and quality in this four bedroom and two and one half bath Colonial. There are generous nine foot ceilings, a large kitchen, a formal dining room, with a wet bar and butler's pantry, fireplace, hardwood floors, central air conditioning, gas heat, central vacuum, Jacuzzi soaking tub in the master suite (second floor), crown molding, and all in move in condition. 4200 square feet of living space ... 06/16/2014

This is useful information. If you are investing or just looking for a new place to rent, one of the questions that has a useful answer is "What Is A Fair Rent In My Town?".  Renters are asking to see if they are over paying - or getting a great deal. Investors are asking because they are calculation costs and returns for their possible investments. And current landlords are asking to make sure they are in line with what people are expecting to pay. The answer to the question can be aided by a website that is populated by HUD.  You can search for your town or a metropolitan area, and you can see what their average rents are for efficiency apartments, 1 bedroom, 2 bedroom, 3 bedroom, and 4 bedroom living arrangements.  You can also see HUD's idea of the median income for the area. The ma... 06/14/2014