January by the Numbers

Sometimes you just can’t trust your old Uncle Harry who “knows a little something about real estate.”

Contrary to what he may have told you about property not selling in the winter, this January was a strong month for sales on Cape Cod.

In total, 341 homes sold in the first month of the year with the median sales price for single family homes coming in at $431, 200.00 and $300,600.00 for condos. In january 2019, those median sales prices were $399,500.00 and $260,000.00 respectively!

The market may have begun to turn the corner in January on lower than normal inventory with listings jumping 13.6% when compared to a year ago.

Indicative of solid buyer interest is the fact that average days on market for single family homes fell from 115 days a year ago to 108. The figure for condos fell from 139 to 92!

Nationally, the number of buyers currently looking has increased 20% over last year. Coupled with historically low interest rates and the equity many of us have, there is no better time to market your home.

At the very least, you should be considering refinancing if you’ve concluded that now is not the best time for you and your family to make a change. If you don’t have a relationship with a lender, we can refer you to the quality individuals and institutions we work with on a regular basis.

But if you do think it’s finally time to upsize, downsize or move to that home you’ve been dreaming about, we’d be happy to meet you to discuss your options.

Please contact us at 508-568-8191 or [email protected]. Thanks.

There are still tickets available for this Friday’s Comedy Night featuring our friend, Jerry Thornton, and some of his Boston comedy club sidekicks. Proceeds benefit the Sandwich Realtors Scholarship Fund.

Thornton, a regular on Boston sports radio and a columnist for Barstool Sports, is also the author of two best selling books about the New England Patriots: Darkness to Dynasty and Five Rings.

The event starts at 6:00pm at Sandwich Hollows Golf Course with a silent auction and heavy hors d’oevres. The show should begin around 8:00pm.

Jerry and his buddies did two successful comedy nights for Hank when he was at the Boys & Girls Club in Taunton. You won’t be disappointed. Contact us for tickets.

We were excited to make the first donation from our March closings to GirlyGirlPARTS.  With several more closings pending this month, there’s more to come!

Enjoy your week…

Mari and Hank