Under $300,000 for a great Provincetown condominium… who’d think it was possible? Well, there are 50 currently being marketed below $300,000 and some are even on the water side of Commercial Street. 38% of the 132 condominiums currently for sale in town are under $300K.
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April… what a month for real estate in Boston! There was the national news story about the return of multiple offers in many markets, including Boston; the unprecedented lack of inventory for sale.. down 35% and more in some neighborhoods, and the core strength of the market despite these conditions.
Our broker tour last Thursday of newly listed properties for sale in Provincetown was fabulous. We saw an incredible variety of properties with asking prices from $279K to $2.195M. These homes are just beautiful!
Bradford Street Ideal
Of course I am upbeat about the buying opportunities in Provincetown. At every price point, in every category, there is something of interest that makes sense for buyers. Whether you are looking for property as an investment or for a combination vacation home and rental, a full time residence or second home, there is much to like in this market.
April In Provincetown
Real Estate news from our charming town is pretty darn good. April was busy with 11 condominiums sold and 4 single family properties sold. Last year in April there were 12 condos sold and 1 single family sold, so we are certainly on a similar sales trend to last year which ended up being the best year for real estate sales since 2008.
Excellent news for Boston is that condominium sales ross in the first quarter when compared with last year. All Boston neighborhoods combined saw an 8% increase in sales…
First quarter figures for the Provincetown market are surprising and exciting. As in Boston the mild winter weather has kept buyers and sellers in the market and sales activity has been strong.
Michael Ferzoco of eleven interiors recently began working with a client in Boston’s North End neighborhood. His client realized the need to completely renovate the space…
The first full week of March. Continued low inventory and strong demand has created a dynamic where inventory is selling very quickly and with multiple offers. Pending home sales increased last month by 44%
Miami Market Buoyed by Foreign Money
An article by Roben Farzad in this weeks Bloomberg Businessweek illustrates a very different Miami and general South Florida real estate market than we are used to writing about.