Homes sales dip, but prices rise
CAPE AND ISLANDS
Real estate sales volume continued to fall on the Cape and Islands last month, but median prices edged up, according to numbers released this week by the Cape Cod and Islands Multiple Listing Service.
Last month, 182 residential properties were sold in the region, bringing the total for the year to 367.
These numbers are down from February 2007, when 200 homes were sold, for a total of 417 sales over the first two months of that year.
The median sales price of a residential property was $373,438, up 7 percent from the median of $349,000 in February 2007.
Thus far this year, the median price on the Cape and Islands is $365,000, up from $360,000 over the same period last year.
FROM WIRE AND STAFF REPORTS
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Lee Wareham - REALTOR®, TRC, e-PRO
The Tucker Group
Kinlin Grover GMAC Real Estate
193 Cranberry Highway - Route 6A
Orleans, MA 02653
800-275-9210 x141, 774-313-6091 Mobile
508-255-1489 Fax
mailto:lwareham@kinlingrover.com
http://LeeWareham.com
http://www.CapeTuckerGroup.com - The Tucker Group Cape Cod Real Estate Team Website
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