Friday, July 3, 2009

Provincetown real estate: Second Quarter Recap and Year to Date Comparison 2008/2009

The second quarter 2009 closed with sales in Provincetown moving sluggishly forward as the first half of the year comes to an end.

22 properties closed from April 1st through June 30th. Closed activity is up 8 transactions from 14 sales in the first quarter.

Year to date, 36 properties have closed in Provincetown. A further dissection of this activity shows that in the first half of 2008, last year, 94 condominiums sold versus 23 year to date this year. In 2008, 30 single family homes sold compared to 6 this year.

The average number of days it takes to sell an accurately priced property has increased from 207 to 270.

Check out this week's Provincetown Real Estate Blog for year to date sales figures in Provincetown, Truro and Wellfleet for 2008 and 2009 (click here).

For more information or if you would like a detailed itemization report of sold properties in Provincetown, please email me at michael.dubour@century21.com.

Have a safe and Happy Independence Day.

No comments: