Interesting graphic by the good folks at Keeping Current Matters. Massachusetts still has “high outbound”! Hard to believe…but it could be because it is going to be -2 degrees this weekend? 🙁
![Where Are Americans Moving? [INFOGRAPHIC] | Keeping Current Matters](http://www.keepingcurrentmatters.com/wp-content/uploads/2016/02/MovingAcrossAmerica2016-KCM1.jpg)
A good review of the hottest real estate markets – by Brena at Housing Wire.
As 2016 begins, the residential market is going through its typical seasonal slowdown.
But despite the winter cool down, these markets are still shining through as the 20 hottest markets in the nation, with San Francisco once again landing the title of the hottest housing market in America, the latest report fromrealtor.com said.
However, while supply is moving slowly, it is still faster than last year, with days on the market is down 7% y/y.
On a similar note, the report found that the median list price in December is also down slightly from November. While this is consistent with the season, the decline is not as dramatic with prices stronger than usual in December.
Here are the 20 hottest housing markets in December
20. Midland, Texas
19. Fort Wayne, Indiana
18. Tampa-St. Petersburg-Clearwater, Florida
17. Boulder, Colorado
16. Detroit-Warren-Dearborn, Michigan
15. Modesto, California
14. Palm Bay-Melbourne-Titusville, Florida
13. Nashville-Davidson-Murfreesboro-Franklin, Tennessee
12. Oxnard-Thousand Oaks-Ventura, California
11. Los Angeles-Long Beach-Anaheim, California
10. Stockton-Lodi, California
9. Yuba City, California
8. Santa Rosa, California
7. Denver-Aurora-Lakewood, Colorado
6. San Diego-Carlsbad, California
5. Sacramento-Roseville-Arden-Arcade, California
4. Dallas-Fort Worth-Arlington, Texas
3. Vallejo-Fairfield, California
2. San Jose-Sunnyvale-Santa Clara, California
1. San Francisco-Oakland-Hayward, California
Provincetown Sale Of The Week at the Ice House Condominiums.
501 Commercial #5A , is a two bedroom, two bath 1,272 sf waterfront penthouse. It sold for $940K with an asking price of $979K. The Icehouse condominium building has 23 units and is located on the beach in the East End. Sometimes thought of as a plain concrete box of a building, these condos have incredible water views up and down the Cape, and beachfront balconies that are unmatched in town. They are are well priced options for those looking for waterfront living.
MLS COPY: Breathtaking views of the Bay and charming rooftops of Provincetown from this penthouse apartment in East End Gallery district. Located in the historic Ice House with elevator service, this condominium has been updated with a loft-like flair. There is a large living room and dining room, leading to a renovated open kitchen with new cabinetry , high end appliances & stone countertops. There are banks of windows on two sides , leading to a balcony all of which embrace inspiring views. There are spacious bedrooms, large enough for sitting areas:one is ensuite, the other views the steeple of the Schoolhouse Gallery and has a guest bath with whirlpool tub. There is storage, in-unit w/d, central AC and assigned parking and wood floors throughout. A must see for those interested in views and waterfront.
See all available properties at Beachfront-Realty.com.
Historic home in the West End.
76 Commercial Street #3, one of the most intriguing properties in the West End sold for $1.512M. It is a two bedroom, 1 bath condo with 1,737 sf. Asking price was $1.750M
MLS COPY: Acclaimed artist Hans Hofmann used this space for his school of art and studio from 1945-66. Carefully restored, this unique home is adaptable to all lifestyles. With original flooring and ship-timber constructed gallery framing the hearth, this 19′ high space is illuminated by an 11’X14′ studio window. A galley kitchen opens to the living area with a breakfast nook of large windows that open to create a summer porch. There are two bedrooms; one fashioned from a porch is bathed in morning light, the other more spacious and contemporary. Overlooking the studio is a loft and gallery, serves as an office and accommodates a daybed. Throughout the Studio there are reminders of its history including Hofmann’s signature upon the door to his office, easel and paint pallet. Enjoy this unique home and its well sought after West End location.
See all available properties at Beachfront-Realty.com.
I am always impressed with the KCM Crew. (Keeping Current Matters) They are excellent at distilling big data points into understandable and accessible information.
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
Home values will appreciate by 3.9% by the end of 2015, 3.4% in 2016 and 3.1% in each of the following four years (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.
The prediction for cumulative appreciation rose from 18.1% to 21.6% by 2020. Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 13.8%.
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.
A beautiful waterfront nose unit at 333-R #7 Commercial Street is the 2016 inaugural Listing of the Week. Two bedrooms and two baths with 798 square feet on the top floor with unparalleled views up and down the shoreline make this condo a perfect waterfront home. It is being marketed at $969K.
MLS COPY: This one-of-a-kind waterfront penthouse boasts luxurious finishes and contemporary style! Located at Harborfront Landing, a recently built high-end condominium in the heart of downtown, this spacious condo enjoys views of MacMillan Pier, Town Hall & the Monument. The gracefully curved walls reflect the ocean waves and lead you from the entry to the beautiful waterfront living room. The chef’s kitchen has Sub-Zero,Viking,Wolf,Dacor & Miele appliances, distinctive granite counter tops w/ gorgeous tile back splash & high-end cabinetry. Other extras: gleaming oak floors, 2 deeded pkg spaces, exclusive waterfront deck,CAC, California closets, in-unit W/D, private locked storage area, sec intercom w/ video monitoring, spacious building hallways, & common beachside shower. Built to the latest hurricane standard. Rentals ok and pets for owners.
See all properties available for sale at Beachfront-Realty.com
Happy New Year to everyone that we didn’t have the pleasure of seeing over the New Year Holiday. The “First Light” weekend was very busy with a Fourth of July-like fireworks display and tons of other New Years events. It was a huge success.
What a year 2015 was! The economy was in relatively fine shape, but the stock market was flat. Politics were crazy but consumer confidence was high. Nationally many real estate markets did well while others languished at recession lows. Thankfully our Outer Cape real estate market has been consistently strong year to year with Provincetown leading the way once again!
We are excited to provide the Goode and Farmer Report for Q4 of 2015. Hopefully it will be an interesting read for you. Please don’t hesitate to call if you have any questions.
Nine single family homes sold above $1M in Provincetown in 2015. This was down slightly from 12 in 2014. There is strong demand in this category and never quite enough inventory to go around.
20 Bayberry Ave sold for $1.175M, and is a 3 bedroom, 4.5 bath home with 2,750 sf. This is a wonderfully livable home with tons of light and open space.
MLS COPY: Privately located in Provincetown’s West End, this exquisitely maintained Contemporary Cape was fully renovated in 2005/6. There are 3 BRs and 4.5 BAs on three well planned floors. The entry level has a spectacular foyer, home office and 3 BR’s, each w/ custom marble BA’s, glass enclosed showers and master has a soaking tub. The upper level reveals a stunning great room with vaulted ceilings, mahogany and glass deck, large windows, fireplace with floor to ceiling travertine marble, 1/2 bath, pantry and a chef’s kitchen equipped with a Sub Zero refrigerator, 2 Bosch dishwashers, Thermador cooktop and wall ovens. The lower level media room is wired for surround sound, has a full bath, wet bar, wine fridge, laundry and sliders to a blue stone patio w/grill. Interior just painted. Lovely landscaped yard. Owner occupied, never rented.
67 Bradford Street Ext sold for $1.360M and has 3 bedrooms, 3.5 baths and 2,304 sf. This totally renovated home is a short walk to the Moors and Herring Cove Beach.
MLS COPY: This classic Cape has 3 bedrooms and 3.5 bath and was totally renovated last year. The open plan living-entertaining area is perfect for large gatherings. The focal point is a raised dining table that seats 8-12. The living room is centered around a gas fireplace -oversized windows let the gorgeous cape light in. The brand new kitchen has jet black counter tops, white Carrera marble backsplash, Fisher Paykel fridge, Jennair Pro range and D/W. There is a powder room discretely positioned in the entry hallway. The master bedroom has a gas fireplace, raised ceilings, and a luxurious master bath.There are two other bedrooms (one being used as a den) and a full bath on the second floor. The brand new lower level contains a large media room/suite with a full bath. Central air, irrigation, multiple car parking, close to beaches.
1 Atlantic Avenue sold for $1.375M. It has 3 bedrooms, 2 baths and 1,673 sf. This home is ideally located in the near West End.
MLS COPY: Every inch of this classic Cape has been meticulously restored to 21st century style and convenience while still retaining its 1700s heritage. The chef’s kitchen features 2 inch thick Carrera marble atop custom cabinetry, a professional Thermador dual-fuel range and Sub-Zero glass-front refrigerator. This 3 bedroom home is currently configured with two master bedroom suites, one on the main level and one on the second level, each with a fireplace and adjoining private dressing rooms and world-class baths. Exquisite living room downstairs with fireplace, and a large vaulted media room on the second level (previously used as a third bedroom). Magnificent perennial gardens with complete irrigation fed by private well. Two large parking spaces.
524 Commercial Street sold for $1.425M and has 3 bedrooms and 3.5 bath. This is a totally renovated East End home.
MLS COPY: Welcome to the historic birthplace of Admiral MacMillan, Arctic Explorer. This 1850 original antique has been completely rebuilt in conjunction with Provincetown historic codes. Details seen from the front and public way have been painstakingly repaired or replaced. The home is now totally rebuilt and renovated to the highest standards using top grade materials and incorporating many modern amenities. Included in the 3000sf contemporary design is a first floor open living plan, a finished basement, and three bedrooms with en suite baths upstairs. See attached floor plans and expanded detail for more. This will truly make the next owner a very special and unique historical homestead!
3 Harbour Drive sold for $1.5M and has 3 bedrooms, 4.5 baths and 3,364 sf. In the far Was End this is one of the homes in the Bay Harbour Cul-de-sac!
MLS COPY: GORGEOUS Home with spectacular bay views. Constructed with both aesthetics and SAFETY in mind. One of a few homes whose frame meets latest hurricane building codes. Master suite and extra large deck. Main level is open floor plan with five sliding glass doors and a beautiful deck which runs full length of house. Washer and dryer and fabulous gas fireplace on main floor. Lower level sitting/TV area, wet bar and two enormous bedrooms, each with 12 foot ceilings, en-suite bathroom and sliders to patio. Lower level radiant tile floor with underlying water resistant foundation. Widow’s walk.Two car garage with studio,1/2 bath and deck. Large cedar shed. Deeded beach rights to seemingly endless sand bar at low tide. Title V septic for 5 bedrooms room for expansion
34 commercial Street sold for $1.6M and has 3 bedrooms, 3.5 baths and 2,56o sf, on the true “Gold Coast” of the West End.
MLS COPY: One of the best locations in the West End, this beautiful single family home is a short stroll to the beach, yet is not in a flood zone. The classic Cape exterior belies the soaring Great Room, as you step in the front door. Flooded with sunlight, this stunning, unique & airy space, has an interior balcony recently built in 2012, which gives one an interesting perspective on the Great Room & a lovely view of the lush & private front yard with peeks of the water. The master bedroom & bath also completed in 2012, provides a private getaway from the main living area. There is a cozy den with gas fp off the main room, which would also make a great home office. A rare 3 car heated garage is reached from Point St. It has a large guest room above with a full bath. The entire property is served by a whole house generator including the garage.
9 Creek Round Hill Road sold for $2.5M and has 4 bedrooms and 4 baths and 6,346 sf. The house of the year as far as price and level of renovation goes. Gorgeous siting with with incredible views.
MLS COPY: Breathtaking views, impeccable grounds & a care-free resort-like atmosphere captures the essence of this newly renovated Provincetown contemporary with a mid-century flair. This 6000+ SF home offers a rare retreat w/state of the art amenities. The 45 foot living, dining and gourmet kitchen area is dramatic with a wall of windows looking out to the gorgeous views of Cape Cod Bay, Wood End Light & the ocean. Everything is brand new: systems, windows, roof, exterior cedar shingles, landscaping, irrigation, security, pool, decking, generator & more. The master suite & guest suites upstairs take full advantage of the views, & both have decks & en-suite baths. An additional guest suite on the garden level enjoys its own entrance and living area. Plenty of recreation space, with a game room, screening room, and stunning salt water heated pool.
23-25.5 Commercial Street sold for $3.2M and has 3 bedrooms and 3.5 baths and 2,758 sf…and one of the largest waterfront swimming pools in town!
MLS COPY: Waterfront Home in Far West End..this 2758 sf, 3 bedroom, 31/2 bath single family home has been lived in and loved by the same family for 30 years. It has been the source of many wonderful memories of fun-filled times in Provincetown. This fabulous home has breathtaking views from every room…perfect for watching the sun come up and set every day. Imagine yourself relaxing and basking in the sun by the heated pool during the day or taking long walks on the beach most anytime you choose. This is truly a unique property which is sure to please anyone seeking a waterfront retreat in a very desirable location. Recent improvements include new roof, new shingles and new windows on the water side of this home. Gas heat, central A/C, private beach access, and ample parking.
10 Harbour Drive sold for $3.412M and had 5 bedrooms 5.5 baths and 4,233 sf.
MLS COPY: Experience beachfront living with unparalleled privacy at Provincetown’s newest waterfront community. This newly built spectacular home at Bay Harbour is the largest waterfront home for sale in Provincetown, with over 4000 SF, 5 BR’s and 6 BA’s. Custom chef’s kitchen with WOLF & Subzero appliances. The view pours into the vast living room through the floor to ceiling wrap-around windows. A sumptuous master suite also faces the water & has a private deck,gas FP, WIC,& large bathroom with jacuzzi, steam shower. All bedrooms & the den have ensuite baths. Security, AC, lush grounds, basement, and 2 car garage. While most oceanfront properties are experiencing severe erosion, Bay Harbour, through certified surveys, has experienced over 125 feet of beach ACCRETION seaward since 1976. The property’s approved for a 12×27 ft pool with a jacuzzi.
See all available properties at Beachfront-Realty.com.
A good year end analysis from Scott at Boston.com.
From Back Bay and Beacon Hill to Dorchester and Southie, doube-digit price increases have been seen in several Boston neighborhoods.
Boston’s red hot condo market is closing out the year with a bang, posting double-digit increases in prices and sales, the latest stats show.
The median condo price in Suffolk County, made up mostly of Boston, hit $580,000 in November after a 34 percent jump, finds real estate publisher and data firm, The Warren Group. Condo sales jumped 43 percent.
By contrast, the median home price in Boston and fellow Suffolk County communities of Chelsea, Winthrop and Revere, weighed in at $406,500 after a 3 percent increase.
Downtown Boston, including the South End, Back Bay, and Beacon Hill, led the condo price charge, with a 24 percent increase that pushed the median price to $974,000.
Jamaica Plain and South Boston both saw significant gains in condo prices in November, with prices year to date up nearly 11 percent ($445,000) in J.P. and 12 percent ($557,000) in Southie.
Dorchester and East Boston, which have been hubs of activity for new development as buyers get priced out of other neighborhoods like J.P. and the South End, also saw big gains.
Year-to-date through November, Dorchester’s median condo price has gone up 17 percent, to $344,060, while the median price of an Eastie condo rose 14 percent to $342,750.
Meanwhile, statewide, sales and prices of both condos and homes posted gains in November, posting significant gains with help from a relatively mild fall that helped keep buyers on the hunt and sellers in the game.
Sales of single-family homes across Massachusetts rose 8 percent, to 3,915 in November, reports the Massachusetts Association of Realtors (MAR).
The state’s median home price rose 4.5 percent to $330,000.
Condo sales rose 5 percent, while the median price of a condo posted a 10 percent increase, to $304,000.
“While most people in Massachusetts were focused on raking, getting ready for Thanksgiving and shopping in November, homebuyers stayed focused and once again push closed home sales up,” said 2015 MAR president Corinne Fitzgerald, broker-owner of FITZGERALD Real Estate in Greenfield, in a press release.
Another great curbed comparison by Jazmine. Affordable waterfront living!
‘Tis the season for daydreaming about the summer. Here are Cape Cod’s least expensive waterfront single-family listings, one for each of Barnstable’s 15 towns, with asking prices between $199,900 and $1,200,000.
