Thursday, May 21, 2015

My June 2015 Market Report Is Available Now!

My June 2015 market report is available now!  This issue has my report of the Eastham market through April. Additionally, there's an article about this year's Town Meeting's results, and 2 new listings.
 

This newsletter has been published every month for over 12 years. My aim, with this newsletter, is to provide accurate sales and market information about the Eastham housing marketplace, to add commentary and opinion (as appropriate), and to keep it interesting.  Download your copy of my June newsletter now.

Monday, May 18, 2015

Eastham New Listing - Walk to Water Bayside Home

45 Wamisco Rd, Eastham
EASTHAM - New Listing - This 3 bedroom ranch is in the Massasoit Hills area with deeded rights to 3 private association Bay Beaches just down the hill. Enjoy the large front & rear decks, and an open floorplan with living room with fireplace. Wooded half acre property with circular driveway. Nicely secluded and walk to the water. Close to all the beach and recreational highlights that make Eastham such a wonderful vacation destination. Listed at $369,900.

Check out this listing http://45WamiscoRd.robertsheldon.com for more photos and a map. A Virtual Tour can be found ... Here.

Tuesday, May 05, 2015

2015 Eastham Town Meeting - Results

The Annual Eastham Town Meeting was held last night at the Nauset Regional High School. This year's 'results' were (in some cases) very interesting. Here are the results ..... 
  • Article 7 - PASSED - Rooms Tax - to impose a tax on summer rental homes. This still requires the state legislature to approve it prior to any collection of taxes. This could affect 2016 rentals, not 2015. What I find interesting is that the Town has no plan or strategy to actually collect these new taxes. Or to assure a fair implementation.  
  • Article 8 - PASSED - Municipal Water - this article funded the remainder of the municipal water system. So-called Phase 1 was funded last year. The article appropriated $85M for the remainder of the system. Yay!
  • Article 16 - PASSED - Private Road Plowing - approved the plowing of some private roads in Town. What roads this article authorizes will be determined this fall. There will be a set of criteria published this summer. 
  • Article 17 - PASSED - Hay Rd - this article accepts a portion of Hay Rd as a Town road, the segment from Gov. Prence to Deacon Paine. This article was strongly argued by both sides. The Town Selectmen announced that there, apparently, are some road ownership issues that may block the implementation of this article.
  • Article 18 - FAILED - Vehicles on Beaches - the article was needed to make progress on the crazy discussions about driving 4-wheel vehicles on the Eastham portion of Nauset Spit. This has been an on-going dispute between Eastham and Orleans concerning a section of beach north of Orleans' Nauset Beach and south of Coast Guard Beach. Since this article failed, the ongoing dispute with Orleans just gets uglier.
  • Article 30 - FAILED - Marijuana - the failure of this article says that the public consumption of marijuana will go unpunished. The argument from the floor was that the Commonwealth is currently developing their set of rules and the Town shouldn't attempt to pre-guess what the Commonwealth will do.  

Sunday, May 03, 2015

April 2015's Eastham Sales - 'Snowed Out'

Eastham's April sales reflected the snows of January and February (and March). The number of buyers was seriously reduced by the ugly weather, particularly on weekends. We had only 5 sales in April, a level we haven't seen since April 2009.  The details.....
  • Total April sales were approximately $2.2M - the average home sale price was $432K. 
  • The median sale price in April was $470K.
  • There are currently 98 active single family listings in Eastham (up from 92 on April 1st), with an average list price of $620K and a medium list price of $489K.
  • The average days-on-market is currently 248 days.
For more details, graphs, and commentary, download my latest monthly Eastham newsletter -- here. I've been publishing this newsletter for 10 years with the goal of providing market information to my clients, so they may approach the market from a more informed position. Check it out!

Wednesday, April 29, 2015

2015 Eastham Town Meeting - Monday May 4th

The Annual Eastham Town Meeting will be held on May 4th this year in the Nauset Regional High School auditorium. This year the warrant has several articles that you should find interesting. They are...
  • Article 7 - Rooms Tax - to impose a tax on summer rental homes. This will require the state legislature to approve it prior to any collection of taxes. This could affect 2016 rentals, not 2015. We've seen (and turned down) this article before. The tax would be 4%. 
  • Article 8 - Municipal Water - this article will fund the remainder of the municipal water system. So-called Phase 1 was funded last year. The article appropriates $85M for the remainder of the system. Needs a 2/3 vote.
  • Article 16 - Private Road Plowing - approves the plowing of some private roads in Town. Roads will need to 'qualify' to be eligible for plowing.
  • Article 17 - Hay Rd - this article accepts a portion of Hay Rd as a Town road, the segment from Gov. Prence to Deacon Paine. 
  • Article 18 - Vehicles on Beaches - the article is needed to make progress on the crazy discussions about driving 4-wheel vehicles on the Eastham portion of Nauset Spit. This has been an on-going dispute between Eastham and Orleans concerning a section of beach north of Orleans' Nauset Beach and south of Coast Guard Beach. It's not clear that this article, if passed, will resolve the dispute, but it should help.
  • Article 30 - Marijuana - this article bans the public consumption of marijuana in Eastham and establishes first offense and multiple offence fines.
The warrant, all 36 pages, is online on the Eastham Town website,.. Here.  I'll try to provide an update on the 'results' of the meeting on my Blog and in next month's newsletter.

New Listing - Eastham Bayside Cape - Close to Beach

285 Massasoit Trail
EASTHAM - New Listing - This 3 bedroom Cape is a hidden gem. Great location & curb-appeal and well maintained. Open kitchen & dining area and a separate living room. Full basement. Hardwood floors, updated bathroom. Half acre level property in a great location - about 0.8 miles to Campground Beach. This is a gem, waiting to be found! Listed at $429,000.

Check out this listing at http://285MassasoitTrail.robertsheldon.com for more photos and a map. A Virtual Tour can be found ... Here.

Thursday, April 23, 2015

Eastham New Listing - Updated 3 Bedroom Ranch

45 North Forty
EASTHAM - New Listing - This is a delightful 3 bedroom, 2 bath, ranch with lots of updates. Check out the granite and stainless kitchen, bright sunroom, living room with fireplace, 1 car garage, large deck and back yard. Well maintained and a joy to enjoy!

Listed at $429,000. Check out this listing at http://45NorthFortyRd.robertsheldon.com.  For more photos and a map. A Virtual Tour can be found ... Here.

My Eastham 1st Quarter 2015 Market Report - Available Now!

My May 2015 market report is available now!  This issue has my 1st quarter 2015 Eastham market report, a preview of next month's Town Meeting, an update on the natural gas moratorium, and a fun article on being a Cape Codder.    Additionally, there are 3 new listings.      

This newsletter has been published every month for over 12 years. My aim, with this newsletter, is to provide accurate sales and market information about the Eastham housing marketplace, to add commentary and opinion (as appropriate), and to keep it interesting.  Download your copy of my May newsletter now.

Monday, April 06, 2015

Eastham's March 2015 Sales - Good 2015?

Eastham's March 2015 sales have put us on a track to better sales in 2015, over a pretty good 2014.  There were 11 single family home sales in March, bringing the 1st quarter of 2015 to 21 sales.  The details.....
  • There were 11 homes sold in Eastham in March.
  • Total March sales were $6.4M - with an average sale price of $579K and a median sale price of $405K. 
  • There are currently 92 active single family listings in Eastham, with an average list price of $575K and a medium price of $464K.
  • The average days-on-market is currently 274 days (Ouch!).
For more details, graphs, and commentary, download my latest monthly Eastham newsletter -- here. I've been publishing this newsletter for over 12 years with the goal of providing market information to my clients, so they may approach the market from a more informed position. Check it out!

Monday, March 23, 2015

Harwich New Listing - 'Rustic by Design'

HARWICH - New Listing - Nicely maintained 4 bedroom Cape style home with large farmers porch, large rear deck, detached garage, finished walkout basement, eat-in kitchen, and living room with fireplace. Wide plant wood floors throughout. The house is on a quiet cul-de-sac near Harwich shopping, fresh-water pond, and the Bike path. House backs up to a large conservation area.

Listed at $449,000. Check out this listing at http://86BakersDrive.robertsheldon.com.     for more photos and a map. A Virtual Tour can be found ... Here.