Tuesday, January 03, 2006

Cape Cod Real Estate Market Conditions - Jan. 2006

The Cape Cod Real Estate Market
(As reported December 2005 by Shirley Enders)

CAPE COD

Throughout Cape Cod, sales of detached single-family homes eased throughout the 1st three quarters of 2005. Year-to-date (January through October) shows the number of units sold down 11.6% from the same period one year ago. Fewer buyers in the market and more homes from which buyers can choose has relieved much of the upward pressure on prices, resulting in the smallest gains in a number of years.