Categories
general info

Affordable Entry Level In Provincetown.

This is the 3rd in my series of reviews of the three key market segments in Provincetown. The $1M plus market, the mid-market and last but not least the affordable entry level market. The entry level market in Provincetown is the $200K to $400K price range. Buyers are constantly surprised at some of the great properties that are on the market in this price point.

73 properties sold between $200K and $400K in 2012, accounting for 34% of the total sold. The average property sold in this price range was a 1 bedroom, 1 bath with 620 square feet and a sales price of $314K. Surprisingly 6 of the 73 were single family properties. I have included 2 of those below. One at 130 Commercial St is known to anyone who knows the West End well. A sweet little box of a single family right on Commercial Street past Pleasant. It has been renovated into a wonderful little house! The other single family property shown is 32 Ships Way Road.

One of our favorite condos was a stand alone studio in the West End that we sold last year. It was on the corner of Atwood Street and W. Vine, in the rear of a 4 unit condo complex at 14 West Vine. (see pic) It had a loft bed, a gas wood burning stove, and a wonderful private fenced in garden patio. Another favorite was 75 Province Lands Road which was a 1 bedroom end unit that has full on water views of the moors and beyond.

 

14 W Vine St. #4, studio condo $310K
14 W Vine St. #4, studio condo $310K
75 Province Lands Rd #12, 1/1/ condo $398K
75 Province Lands Rd #12, 1/1/ condo $398K
233 Bradford St #7, 1/1 condo, $272K
233 Bradford St #7, 1/1 condo, $272K

 

 

 

 

 

 

 

62 Franklin St #3, 1/1 condo, $270K
62 Franklin St #3, 1/1 condo, $270K
130 Commercial St. 2/2 Single Family, $360K
130 Commercial St. 2/2 Single Family, $360K
32 Ships Way Rd. Single Family, 2/1, $390K
32 Ships Way Rd. Single Family, 2/1, $390K

 

 

 

 

 

 

 

 

Currently there are 52 properties on the market representing 33% of all properties being marketed for sale, of which 3 are single family properties. The average being a 1 bedroom, 1 bath  with 620 square feet with an asking price of $325K.   Below are 6 properties that are currently available.

23 Conant, 7 Webster are stand alone condos, with all the privacy that comes with that. 30 Bangs is at the end of Bangs Street across Bradford in a quiet private complex. 60 Race Road is a spacious 2 story townhouse with a full basement.

23 Conant St. 2/2 condo $329K
23 Conant St. 2/2 condo $329K
30 Bangs St. 2/2 condo, $349K
30 Bangs St. 2/2 condo, $349K
60 Race Point Rd. 2/2 condo, $395K
60 Race Point Rd. 2/2 condo, $395K

 

 

 

 

 

 

 

7 Webster Pl #1, 1/2 condo, $215K
7 Webster Pl #1, 1/2 condo, $215K
233 Bradford St #7, 1/1 condo, $272K
233 Bradford St #7, 1/1 condo, $272K
163 Bradford St #3, 1/2 condo $329K
163 Bradford St #3, 1/2 condo $329K

 

 

 

 

 

 

 

 

Year to date 29 condos have sold with sales prices in this range representing 47% of all properties sold so far this year. It’s a very busy segment of the market and you can see why when buyers have the choices like those shown below. The average condo sold was a 2 bedroom, 1 bath condo of 741 square feet selling for $303K. 

88 Bradford St is an end unit with vaulted ceilings and lots of private use outside space. 23 Conant is a cute stand alone condo in the near West End while 2 Mayflower is a charmer of a cottage in the woods in the far East End. 163 Bradford St #1 was bought by some very dear friends. It’s central location, 2 baths and extra room along with wonderful private use outside space made it a great value.

88 Bradford St. condo, 1/1, $312K
88 Bradford St. condo, 1/1, $312K
23 Conant St #5, condo 1/1, $252K
23 Conant St #5, condo 1/1, $252K
2 Mayflower Ave #3, condo 1/1, $217K
2 Mayflower Ave #3, condo 1/1, $217K

 

 

 

 

 

 

 

163 Bradford St #1, condo 1/2, $374K
163 Bradford St #1, condo 1/2, $374K
147 Commercial St #L3, condo, 1/1, $275K
147 Commercial St #L3, condo, 1/1, $275K
15 Court St #5, condo, 2/1, $388K
15 Court St #5, condo, 2/1, $388K

 

 

 

 

 

 

 

 

Hopefully this post has illustrated the incredible variety of properties in this price range. Buyers are always surprised at what their dollar can buy as they are always hearing about how expensive property is in town. It is a dynamic market segment with great variety of properties for sale.

 

 

Categories
analytics general info

Big Leap In Spring Sales

South End Heli ShotMarket resilience to low invent0ry levels is surprising, but as Scott reports sales continue to increase.

Posted by Scott Van Voorhis  April 9, 2013 06:44 AM

Will dwindling listings derail the real estate recovery?

At least for now, the answer is no.

The number of pending sales across the state jumped 4.6 percent in March compared to the same time last year, the Massachusetts Association of Realtors reports.

In fact, the 4,308 homes put under agreement was the best showing since March 2005, at the height of the real estate bubble, when buyers laid claim to 4,404 homes.

That’s just a percentage or two difference.

Pending condo sales also took a big jump in March, surging 9.4 percent to 1,888.

Given the number of homes and condos for sale is down roughly a quarter from this time in 2012, buyers are clearly biting the bullet and taking the plunge anyway.

There’s certainly anecdotal evidence of homes that couldn’t sell last year being put on the market and getting offers now.

Buyers are looking past flaws that might have been deal breakers before and likely paying more as well.

And there’s some hard evidence as well.

Home prices in Greater Boston moved up 10.6 percent in February, slightly above the national average, the Boston Business Journal notes in this post on the latest CoreLogic report.

Categories
analytics general info

February MAR Report

 The Massachusetts Association of REALTORS® (MAR) reported today that February pending home sales were positive for the 22nd straight month compared to the year before, but winter weather kept gains modest. Pending sales figures (also called homes under agreement) are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months.

“While we were still in positive territory, the combination of low inventory and several weekends snow storms, including a blizzard, kept buyer activity relatively minimal in February,” said 2013 MAR President-Elect Peter Ruffini, regional vice president at Jack Conway REALTORS® in Norwell. “After a ‘non-winter’ in 2012, the fact that pending home sales were still up in February is a good sign for the market.”
The number of single-family homes put under agreement in February was up 1.1 percent compared to the same time last year (3,041 homes in 2012 to 3,075 homes in 2013). This is the 22 nd straight month of year-over-year increases. On a month-to-month basis, single-family homes put under agreement were flat compared to 3,076 homes put under agreement in January 2013.
The number of condos put under agreement in February was up 11.9 percent compared to February 2012 (1,146 units in 2012 to 1,282 units in 2013). This is the 22nd straight month of year-over-year increases. On a month-to-month basis, condos put under agreement went UP 5 percent from 1,216 units in January 2013.

 

Categories
general info style

bungalow 58

Gorgeous newly renovated home with pool in the near West End

bungalow 58 has been totally renovated with exceptional attention to detail. This is a 2 bedroom 2.5 bath, 1,844 square foot  home with  a large family room and full bath on the lower level.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The stunning pool environment has a stone surround, natural rock walls, beautifully designed garden areas and a charming 160 square foot pool cabana.

 

 

 

 

 

 

 

 

The kitchen has double Dacor wall ovens, a five burner gas cooktop, a built in Silhouette wine cooler, and Bianca Carrera marble counters. There is a separate dining area and a large living room with a fireplace.

 

 

 

 

 

 

 

The master bedroom and the guest bedroom/den have sliders to the pool area. There is dyed oak hardwood throughout the main floor and and aged white oak hardwood in the family room.

bungalow 58 is located in the near West End , just a few minute walk from Commercial Street restaurants shopping and beaches. Give us a call and we will get you a full marketing package. bungalow 58 is being offered at $1.089M.

 

 

 

 

Categories
general info

Gorgeous West End Water Views

This gorgeous 3 bedroom 3.5 bath home is nestled atop the highest point in Provincetown. Privately sited in the exclusive Telegraph Hill neighborhood this home provides the best of casual and  beach living along with the amenities that only a substantial home like this can. Telegraph Hill is a 5 minute walk in to the heart of the West End with all the shopping, restaurants and entertainment choices that Provincetown has to offer.

Side view of 9 Telegraph Hill
9 Telegraph Hill

 

 

 

 

 

 

 

 

 

The entry to the home is down a curving driveway with steps up to a gently sloping yard that  surprises with its panoramic view of the water.

 

 

 

 

 

 

 

The sunlit entry gallery is 35 feet long and lined with windows with a dramatic open staircase up to the master suite and down to the garage and utilities below.

 

 

 

 

 

 

 

The living floor is dramatic as it’s full length is a wall of windows with open views of the bay and ocean beyond. There is a rich wood buffet separating the dining room and the living room with a floor to ceiling fieldstone fireplace.

 

 

 

 

 

 

 

The chefs kitchen has delightful views to the water, a good sized pantry with a wine cooler and a sun filled dining nook that looks out over the water.

 

 

 

 

 

 

 

 

The master bedroom suite takes up the entire second floor and is utterly unbelievable. Modeled after a ship captains quarters, it has two sitting areas, and a large fieldstone fireplace. The master bath and dressing rooms are the epitome of luxury and comfort.

We are hosting an open house Saturday March 9 from 11-1. If you are in town please come by and say hello.

 

 

 

 

Categories
general info

Fresh Properties For Sale In Provincetown

From  a low of $254K to a high of$3.995M here are six of the 18 new properties that came on the market in the last two weeks in Provincetown. These properties represent some of the best of the new inventory. From small stand alone condos to fabulous waterfront homes, the diversity of properties for sale in Provincetown is well represented.

262 A Bradford St $254K

This adorable cottage condo is nestled in the woods in the east End. 300 square feet of charm! It has painted hardwood floors, new windows, and a washer dryer. Sliders open to a secluded stone patio. One block from the bay beach.

 

 

 

 

 

 

2 Georges Path #B $440K

The Georges Path complex is a bucolic little neighborhood out by Shankpainter Road and Cemetery Road.  It is a mix of 2 unit condo buildings on a sweet cul-de-sac with mature woodland surrounding it, yet only a ten minute walk to town. This 900 square foot, 2 bed, 1.5 bath condo in the Georges Path complex is being marketed for $400K. The main floor has an open plan with stainless appliances in the kitchen and new cabinets. Large sliders in the living room open to a private deck that looks out to mature gardens. The second floor has 2 bedrooms, a full bath and a washer/dryer. There are hardwood floors throughout and a full unfinished basement.

 

 

 

 

290-C Bradford St $469K

This single family home was built in 2009, and is a charmer inside and out. It is a 649 square foot 1 bed 2 bath home. The main living level has bamboo floors, lots of windows, bead board, birch cabinets, a gas fireplace, and a half bath. The second floor has a master suite. The outdoor space is superb with patio, decks and a covered porch. There are two bonus spaces in the attic and in the lower level basement area. It is in a sweet east End mini neighborhood right past the East End tennis courts. (Excuse the winter picture!)

 

 

 

12 Howland St #C, $489K

12 Howland Street #C is a well appointed freestanding cottage set back from the street. The cottage is approximately 844 square feet and lives like a single family home and is being marketed at $489K. . (We love this description in Provincetown as it does truly describe the benefits of this type pf condo cottage) The first floor features wide plank hardwood floors and separate living and dining rooms, a large bedroom, bathroom, and eat in kitchen with period cabinets and stainless steel appliances. There is a patio located off the kitchen. The second floor features a loft area with a full height bedroom and sitting area.

 

 

 

 

40 Pleasant St #1 $525K

This is a perfect Provincetown West End retreat, located 1.5 blocks from Commercial Street in one of the sweetest neighborhoods in town and is being marketed for $525,000. This 2 bedroom, 1 bath home was totally renovated in 2005 and has been gently used by second home owners and never rented. This property has hardwood floors throughout, granite and stainless kitchen, good sized bedrooms, and a lovely large fenced private yard with blue stone patio and professional landscaping. This is one of my favorites….it’s also one of our terrific listings!

 

 

 

 

 

73 Commercial St $3.995M

This fabulous waterfront home is on the market for the first time in 16 years and is priced at $3.995M. Beautifully renovated and restored, each level of this residence offers a feast for the eyes. Perched at the peak of the house, is the master suite with a beamed cathedral ceiling, ensuite bath and home office. On the second floor is the main living room with beamed ceilings, wonderful built-ins and a large bayside deck. There is also a guest bedroom and full bath on this level. The first floor has another guest bedroom with ensuite BA. The large eat-in kitchen with high end appliances opens onto a deck and the lush lawn and well tended gardens. This is a stunning property!

 

 

 

I have taken some of the descriptive copy for these properties from MLS and added some comments of my own. Hope you enjoy!