Last year was somewhat of a challenge when it came to selling real estate here in Eastham. The 'middle space', between about $450K and $600K, seemed somewhat out-of-bounds to the buyers. Although they looked at homes, many simply decided that the economy wasn't right to be spending that much money on a discretionary expense, such as a summer or vacation home. If you'd like the 'whole' story, download a copy of my February newsletter...Here. The following chart didn't fit my newsletter.
You can clearly see that the 'middle space', which historically has had the lion's share is largely missing. Ugh.
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