Friday, November 06, 2009

Eastham's October Sales - A Serious Uptick

Eastham, Cape Cod, MA signThe 'early' results are in. It looks like October was a fairly 'big' month. The month of October had over $6.2M in sales across 13 sales, compared to just over $500K with 2 sales in the month of September. The $6.2 M is significantly better than any other month in 2009, and the best since September 2008.

Is this the beginning of the end of the slowdown? One month's data can't answer that question, but it's a start. The skew of October's sold homes didn't demonstrate that the prior discussion of a bipolar marketplace is not still valid. We'll see. For more details and commentary, subscribe to my monthly newsletter...Here.

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