18 days in a bidding war. This property in Brewster was snapped up. The last sale was in 2006 for $2.2 million. Not a special house, but a special location. Location, condition, price. You need two of the three which are in your control.
So how is the Cape market? Fantastic. In the past 14 days, 301 properties have come on the market at a maximum price of $6.2 million, 125 have sold with a maximum price of $3.35 million, and 216 have gone under contract. Demand is outstripping supply, and we know that that necessarily means increasing prices.
The arts and culture scene is warming with the weather. Don’t miss a satellite live performance of Phedre with Helen Mirren in London at Cape Cinema in Dennis on June 25.
As always, view property at my website and call me at 508.221.2286 with any questions. Happy shopping from your Cape Cod REALTOR!
Would you like a high end home at half price? Continuing the theme from last week’s “Perseverence Pays,” a lucky buyer now owns 60 Captain Linnell Rd. in Orleans for $500,000 less than the original asking price of $ 1,295,000.00. It is near Skaket Beach with marsh views and closed at $795,000 after 291 days on the market. Astounding. 72 Windward Passage in North Chatham has sold for $600,000.00, traveling down from $699,900 in only 119 days. A relatively quick sale. There were also three quick, low end condo sales reported today. So when you hear that nothing in the middle is moving, here are two that did, although the Captail Linnell wins this week’s wildly overpriced listing award that actually sold, albeit at nearly half its opening bid. *Data CCIAOR /MLS
This gorgeous area is adjacent to 41 Stillman Kelley Road, available now for $ 1,420,000.00. Gorgeous new construction! But please keep Crowe’s Pasture a secret, we don’t tell the tourists.