Preliminary Cape Cod & Island MLS Statistics for September 2009 compared with September 2008:
Total number of transactions is down 13%
Total dollar volume is down 7%
Single family sales are down 11% and median price is now $329,000
Condominium sales are down 8% and median price is now $235,000
Pending sales for September 2009 (445) are higher than they were in September 2008 (367) and higher than they were in August 2009 (367)! So there is good news on the horizon!
Most offices here on the Cape are reporting more properties going under agreement and more customers out looking!
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