Tuesday, January 1, 2008

2007: The Year in Real Estate Activity

This is a review of the single family and condominium sold activity in the outer cape towns of Eastham, Wellfleet, Truro and Provincetown for 2007.

In Eastham, 101 Single family homes and 17 condominiums sold in 2007 for a total of about $59 million dollars. In 2006 118 Single family and 13 condominiums sold for a total of about $64 million dollars. This is a difference of about $5 million dollars more being sold in 2006.

In Wellfleet, 64 single family homes and 16 condominiums sold in 2007 for a total of about $52 million dollars. In 2006 52 single family homes and 13 condominiums were sold for a total of about 38 million dollars. This is a difference of about $14 million dollars more real estate sold this year in Wellfleet.

In Truro, 33 single family homes and 20 condominiums sold in 2007 for a total of about $29 million dollars. In 2006, 30 single family homes and 19 condominiums sold for a total of about $31 million dollars. This is a decrease in the dollar volume of real estate sold in truro by $2 million dollars.

In Provincetown, 26 single family homes and 121 condominiums sold in 2007 for a total of $72, million dollars. In 2006 16 single family homes and 123 condominiums sold with a total dollar volume of $64 million dollars. Provincetown saw $8 million dollars more real estate sold this year than last.

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