by Deborah Schilling
17. February 2012 21:20
Signs and statistics point the way for a rebounding Spring market on Cape Cod. Blessed with a mild winter so far, our Spring market seemed to 'take off' during the normally quiet holiday season.
January statistics show an amazing burst of activity-
Single Family units sales activity is UP by an astounding 26% over January of 2011.Properties with accepted offers to purchase are UP by even more amazing 37%. These properties likely to close in the next 30-60 days, so 2012 appears to be the year of recovery in the Cape Cod real estate market.
Looking ahead: we don't see prices jumping, as demand is still not strong enough to reduce the inventory to 'balance' the market between Buyers and Sellers. Financing is still difficult for Buyers, and since the selling prices in January 2012 (compared to 2011) dropped by 10%, it is clear that pricing is key to success.
Second home buyers are a strong force in this market, and the best 'beach' properties are selling well-it is not too early to find that home by the sea for Summer 2012!
Call or email me to discuss why Seller and Buyers have relied on my professionalism and expertise for 26 years -Selling Cape Cod Real Estate...One Yard at a Time (tm)
Deb Schilling
Find me on Facebook-www.facebook.com/CapeCod1YardAtATime
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