Provincetown, MA

Just Another Day on Commercial Street, Provincetown, MA

It's been many years since I've ventured up to Cape Cod. I used to visit Provincetown almost every year with and without my children. They have fond memories of Whale Watching trips, beautiful beaches, wonderful restaurants and fun people.

There is a tolerance in PTown that I don't see in many places. Perhaps that's why it attracts so many people every year. As busy as Commercial Street is, there is an absence of cars honking. There is an abundance of friendly people who will take time to tell you their favorite restaurants or help you find your way if you get lost.

A spur of the moment thought turned into an idea and a last minute road trip. This is one of my favorite pictures to share of a typical day on Commercial Street, Provincetown, MA:

77 Years Young and living her Dreams

Maybe you're never too old to live your dreams if you aren't already........

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Attention all Provincetown real estate owners: The Provincetown Board of Assessors announces that the public disclosure period for fiscal year 2009 assessed values is now through May 8, 2009.

The town did not give any figures as to whether the values increased or decreased on the website. However, as I scanned through the properties, there are many that increased and many that decreased. I am hoping the town will announce what the average increase or decrease was as I could not take on the of doing the calculation on my little calculator. :)

The fiscal year 2009 values, which are pending preliminary certification from the Massachusetts Department of Revenue, reflect full and fair cash value as of Jan. 1, 2008. As required by Mass. State law, the fiscal year 2009 assessments are based on sales of similar properties in calendar year 2007. To view the FY 2009 Assessed values file and download to your computer, please visit www.provincetown-ma.gov/assessor.html

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When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-237-4632 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

The year-end numbers are in. Over the next three weeks, we will review the final sales figures from MLS along with a comparative analysis of this year in relation to the prior two years. We’ll start with Provincetown this week, and we’ll look at Truro and Wellfleet in the coming weeks.

Our data comes from the Multiple Listing Service and does not include private sales. The vast majority of sales that occur in this market are MLS sales.

There were 151 properties sold in Provincetown in 2008 with a total sales volume of $88,098,251.*
There were 165 properties sold in Provincetown in 2007 with a total sales volume of $85,902,800.
There were 158 properties sold in Provincetown in 2006 with a total sales volume of $82,653,453.

* Sales figures exclude timeshare properties.

Table 1: Number of Properties sold with Median Sale prices
The median reflects the sales price that is exactly in the middle of all the figures for that category. For example, if 26 properties sold, 13 were priced above the median, and 13 were priced below the median.

Table 2: Average Days on Market of Sold Properties

Table 3: Percentage of Sale Price to List Price

Highs and Lows

The lowest priced residential property to sell this year was a studio condominium located at 962 Commercial Street at the Last Unicorn Condominiums in the East End. The unit has 190 SF and sold for $130,000.

The highest priced property to sell was the Murchison Estate located at 2 Commercial Street in the West End. The property is a landmark in Provincetown, with the main residence having been developed under the supervision of Walter Gropius and associates and completed in 1957. The estate consists of 3 buildings and a pool on 3.5 acres. It sold for $6,550,000. As of this writing, the word is that the new owners have plans to develop the property into 9 building lots.

This is the Macmillan Pier and Wharf in Provincetown Massachusetts as seen from the town beach. On a December day, the only boats you see are the fishing boats. In the summertime there would be recreational boats and people in the foreground. The off season is a wonderful time to explore Cape Cod.

Fall weather brings crisps nights and mild days here in Colorado. As the leave begin to change and the days grow noticeably shorter, I can't help but recall the fond memories of the trips I made with my husband to Cape Cod and the differences between a Rocky Mountain autumn and a New England fall.

In Colorado we have mostly the golden colors of the Aspen trees here in Colorado with their striking contrast with the green of the various pine trees. However, Cape Cod is graced with a firestorm of color due to the larger variety of tree types native to the area. The road out the arm that is the Cape is lined with trees of orange, red, yellow, purple and brown leaves. It just ‘feels' like fall.

At the end of the Cape is a treasure of a town called Provincetown, or P-town by most locals. P-town is an eclectic artsy town renowned for its surrounding beaches, local artists, art galleries, and theater companies. The high street, called Commercial Street, is a mostly pedestrian street lined with unique and interesting shops sell all varieties of items.

If you ever make it to P-town in the fall or any other season, one NOT TO BE MISSED destination ought to be Ross' Grill. Located off of Commercial Street above the Whaler's Warf shops, Ross' Grill offers excellent food and wine in an intimate and romantic setting. The restaurant is relatively small and features a bar and dining area with views into the kitchen where the chef's work preparing a variety of offered meals.

The restaurant offers a deck overlooking Provincetown Harbor where you can relax with a glass of fine wine while waiting for your table. Ross' Grill is a ‘must-do' destination for us whenever we make it back to the Cape, or even for a drive from Boston. In fact, my husband asked me to marry him during dinner one special summer night several years ago. It's a special place, and while there are MANY very good restaurants to choose from in P-town, I highly recommend you check out Ross' Grill next time you're nearby.

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