Cape Cod Real Estate News
May 2018
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Greetings!
The calendar may still say Spring, but here on Cape Cod, we like to think that the summer season begins on Memorial Day. So if you want to have a home on the Cape to enjoy this season, you'd better start shopping! Be sure you are registered for
Daily Alerts so that you don't inadvertently miss out on the best new listings.
Here is your latest issue of my Cape Cod Real Estate newsletter, designed to keep you abreast of the Cape Cod Real Estate market and related homeowner issues. Please feel free to use my website to browse the entire
Cape Cod MLS at your leisure. When you are ready to begin looking at properties, I would welcome the opportunity to provide you with unparalleled assistance throughout the buying process
at no cost to you. If you're selling a Cape Cod home, please call me for a free, detailed analysis of your home's value in today's market.
I hope you enjoy the newsletter and that I have the privilege of working with you soon.
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Sincerely,
Marie Kelly
Marie Kelly, ABR®, SRES®
Massachusetts Real Estate Broker
Broker License #009532005
Cape Cod Oceanview Realty
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Cape Cod Sales Statistics
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The most recent Cape Cod single family home sales statistics are now available and like last month, the numbers show that available inventory is finally starting to recover, meaning Sellers are finally beginning to list their homes. Compared to April 2017, inventory is down 15%, which is a big improvement over the 25-30% difference we had been seeing for the past year. Median sale prices are up only slightly and days on market is down 26%, meaning that the homes that sell are selling more quickly.
To view all Cape Cod (aka Barnstable County) Real Estate Statistics,
click here. Or, click on the map to select a town-specific report.
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Compared to last month, mortgage rates have dropped slightly, with the average 30-year fixed coming in around 4.42%. The slight recent drop is attributed to instability in Italy, which affects the Eurozone currency, which affects mortgage rates. While higher than a year ago, rates are still at historic lows and continue to represent an opportunity for Buyers.
(Source: The Mortgage Reports)
To learn more about today's rates and the best mortgage for you, contact your Lender or one of our partners below.
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Prepare for Your Mortgage by "Going Green"
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If you’ve been actively searching for a home on Cape Cod, you’ve most likely discovered that shopping for a home on the Cape is fun! Until you actually FIND your dream home. Then the fun quickly turns to stress as you transition from the shopping to purchasing phase. Be sure you're prepared with your "Green File".
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All work and no play made Jack a dull boy, right? Don't let it happen to you! Next time you're working in the yard, try working on one of THESE projects from
This Old House that will ensure fun and games all summer long.
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Cape Beaches - More Than Meets the Ocean!
While you may think first of the ocean when you think about Cape Cod beaches, the Cape is home to some fabulous, clean, freshwater beaches as well. And they'll be warm much sooner than their salty cousins! Here are a few of our favorite ponds and lakes. Unlike the ocean, no sharks!
Nickerson State Park (Brewster) - Nickerson is home to 3 great swimming ponds: Big Cliff, Little Cliff, and Flax. You can park daily for a fee and bring your kayak or paddleboard with you. Don't have one? You can rent them at the park.
Long Pond (Harwich) - Long Pond is bordered by Brewster to the north and Harwich to the south, and is the largest body of fresh water on Cape Cod. There's a great little beach on the Harwich side, just off Long Pond Rd. A town landing is there, as well. Long Pond is one of the few ponds/lakes on the Cape that allows motor boats traveling fast enough to water ski. But the boating action is far enough away from the roped-off swimming area.
Long Pond (Yarmouth) - OK, so heads-up. There are numerous "Long Ponds" on the Cape! This one in Yarmouth has a sweet beach as well. And you won't be far from lots of other kids attractions such as Pirates Cove miniature golf and the impressive Cape Cod Inflatable Park.
John's Pond (Mashpee) - Good size pond with a generous beach area and small playground. Kayaks and paddleboards welcome. Don't like to stand while you paddle? You can rent paddleboats nearby as well.
Gull Pond (Wellfleet) - While the Outer Cape is much more known for its ocean beaches rather than lakes and ponds, there are a few choices if you're looking for fresh water. This beach is small and not the sunniest of beaches due to the trees. But it's a favorite of families and kids like to jump off the floating dock.
P.S. The links provided above are from the Cape Cod Times Beach guide Check out the
complete guide for information on ALL of Cape Cod's beaches in all 15 towns. It's our pick for the best Cape Cod beach guide. The YouTube videos on each beach page are particularly helpful!
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Wellfleet Year-Round Home
Comfortable and private, 3BR, 2 Bath Cape Style year-round home in a cozy and peaceful residential neighborhood. Close to the Cape Cod National Seashore, bike trail and abutting wooded open space of Great Woods Field. The Audubon Wildlife Sanctuary is near by and Atlantic Ocean beaches and fresh water ponds are a short drive away. Great summer rental history. Don't miss this wonderful home for all-seasons in Wellfleet. Offered at $479,000.
Full details.
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Historic Hyannis Port Waterfront
Hyannis Port oceanfront gem! This one-of-a-kind location is a rare opportunity to own a piece of the rich history and tradition that is the quaint village of Hyannis Port. Proudly a part of the Hyannis Port Historic District. Located on a private, dead-end street on 2.2 acres, this sprawling 7-BR, 5.5 bath home, with some updating, can be your perfect Cape Cod retreat! Breathtaking views of Nantucket Sound while perched majestically above the protective marshes of Squaw Island and overlooking its own private beach. Offered at $4,690,000.
Full details.
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