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There’s good news if you are nearing retirement and want to downsize. You can sell your home now, and, if you are lucky enough to live in an upscale suburb like a Belmont or a Newton, you might be able to find a buyer within a week or two.
There are currently 183 waterfront properties for sale onCape Cod that are asking under $500,000. We dug though the listings to find the very best, most interesting and/or unique condominiums and single family abodes on the water. From an East Sandwich Beach cottage behind the dunes to a PTown condo on Cape Cod Bay, here’s a map of waterfront properties for under $500,000.
Most Boston neighborhoods are showing a very real trend as we look at third quarter sales. The sales increases we have seen quarter after quarter are moderating. Average sales prices continue their upward trend and average days on market are plummeting
Year-to-date sales through the 3rd quarter of 2013 continued to climb as the great weather brought more buyers to town. With market values of property slowly rising and continued low mortgage rates the time seemed right to buy.
The average sales price of condos sold was up 5% to $432K from $412K last year. Although the number of sales year to date decreased by 23% from 115 units last year to 90 this year, 40 sold in the 3rd quarter making it the best period so far this year.
Compared to a year ago, inventory in the nine neighborhoods is down around 14%, but one bedroom condominiums are the least available, down 30%. In a city of singletons that’s not good news. It may be a wise idea to wave the one-bedroom driver into the pit area for a fill up.
67 Commercial Street #4, $1.899M, 2/2, 969 sf. (copy direct from MLS) Quintessential, waterfront, West End free standing 2 bedroom, 2 bath Cape home with spectacular views of the harbor & Long Point.
A year ago this week, 518 Tremont Street, one of the last free-standing retail buildings in the South End (home of the Olde Dutch Cottage Candy & Antiques store), was demolished to make way for a collection ofParisian-style condos known as The Chevron on Tremont. Up top is said Chevron a year on, close to completion.
Here are are few of my favorites that are available in Provincetown for close to $500K.
If there ever was a quintessential West End cottage, 12 Atwood Avenue is surely it. This charming wood-frame freestanding condo is set back from the private unpaved lane behind a honeysuckle-covered white picket fence.
“Many recent real estate reports have signaled a strong real estate recovery, and our numbers speak to that rebound,” David Harris, editorial director of the Warren Group, said in a statement. “While consumer confidence and strong employment numbers continue to bolster the market, there’s concern that higher mortgage rates and increasing home prices could dampen the revitalized market.”