By Sean Fields • KinlinGrover
The sky is falling! The sky is falling!..or is it? Relentless,daily media assaults would ask you to believe that the good real estate market of the early 2000's has come to an end.
But has it? You decide after taking a look at the current lower Cape Cod sales activity:
Orleans 14 pending sales median price: $762,000
Eastham 16 pending sales median price: $489,700
Brewster 12 pending sales median price $392,000
Chatham 19 pending sales median price $1,149,000
Harwich 21 pending sales median price $379,900
What do you think? Does this resemble what you are hearing or reading about in the news? and remember three things before you read the stats again: this only accounts for single family home sales...no condos, commercial or land sales are included in these figures... median pricing means half sold above and half sold below the prices listed above and all this activity took place prior to the historical kick off to the spring selling season. hmmm....
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