Friday, December 18, 2009

Market Uptick?

In recent weeks, we have seen several sales in Provincetown at or above asking price indicating that there was more than one bidder on these properties. Just this week, there were two full price sales, and one over asking. (See this weeks sales: click here) This is good news for the market! From analysis of our office activity, the number of buyers in the market for this time of year is up notably over previous years, with many buyers looking to close by the end of the year.
Could this be the beginning of a turn-around or at least a leveling off? We’ll continue to monitor the sales and report back to you!