Friday, August 30, 2013

New Listing - Wonderful 3 Bedroom Contemporary Cape

EASTHAM - New Listing - This is a well-maintained 3 bedroom Cape home with many great features. Wide-plank wood floors, large loft, ceiling fan, vaulted living room with gas fireplace, skylights, 1st floor laundry, expanded garage, and a wonderful 2-level deck. Located on quiet paved road near the bike path. This is a great value and a must see. Listed at $449,000.

More information, more photos, and a Virtual Tour can be found at http://495HayRd.robertsheldon.com.

Monday, August 26, 2013

2014 Eastham Assessment Information

I met with Gail McAleer, the Town Deputy Assessor, today. Eastham's 2014 assessment data is available now. She gave me the 'highlights'. A few data points...
  • The assessment is intended to represent home values as of 1/1/2013
  • The median single family residential home assessment for 2014 is $382,250, down 1.1% from the 2013 median assessment
  • The average assessed value is $443,907
  • There were 5091 single family homes in Eastham as of 1/1/2013  (up 10 from 2012)
  • The total assessed value for Eastham's single family residences is $2.26 Billion (down about 1%)
The 2014 real estate tax rate for Eastham is $7.02/thousand (up 7.5%). The tax on the median-valued home will be $2,683.40.

The assessments for individual homes are available online on the Town of Eastham website...Here. You can also pick up a newspaper-like copy of the town assessments at Town Hall and at quite a few of Eastham's commercial establishments (e.g. the Eastham Superette).

Tuesday, August 20, 2013

My September 2013 Market Report Is Available Now!

My September 2013 market report is available now!  This issue has my report on Eastham's July sales as well as my mid-year market update for Eastham's neighboring towns. Additionally, there are several new listings and links to a number of recent articles that you'll find interesting.

This newsletter has been published every month for over 10 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 September newsletter now.

Thursday, August 15, 2013

New Listing - Wonderful 5 Bedroom Rock Harbor Cape

ORLEANS (Rock Harbor) - New Listing - This is an wonderfully maintained, beautifully decorated, and superbly updated 5 bedroom Cape home just short walk to Rock Harbor. Wonderfully landscaped with many plantings, including a rose garden, and a cute playhouse. Enjoy your granite counters, living room with fireplace, 1st floor laundry, large rear deck, and 2 car garage. A delight - and close to beautiful Rock Harbor and Orleans center. Listed at $624,000.

For lots of photos and a Virtual Tour, go to http://5SmithBrosRd.robertsheldon.com.

Wednesday, August 07, 2013

New Listing - Cape With Beach Rights on Herring Pond

This is a beautifully maintained and wonderful 3 bedroom, 2 bath Cape with many extras! It has a huge master suite with dressing area and master bath with a soaker tub, bright open floorplan with dining area that opens to the large screened-in porch. Deeded access to a private Association beach on Herring Pond. Nicely set back from road for your privacy. Close to the bike path. Easy access to Orleans via Bridge Rd. Enjoy your retirement or rent it out. Listed at $474,000.

For more photos, a Virtual Tour, and a map, go to http://1495BridgeRd.robertsheldon.com.

Monday, August 05, 2013

2014 Eastham Assessments Available

The Assessor's office for the Town of Eastham has released the preliminary assessments for 2014 for Eastham properties. They are available online on the Town of Eastham's website and, in newspaper form, at various places around town.

These assessments can be appealed at the Assessor's office at Town Hall until close of business this Friday, August 9th. They represent the property values of homes and businesses on 1/1/2013. These assessments become 'final' on August 21st. Also, it's expected that the tax rates will be established by the end of the month.

Thursday, August 01, 2013

Eastham's July Sales - Improving?

Eastham's July sales are a 'tad' higher than we've seen in recent months, and marginally higher than last July. It remains to be seen as to whether this is the beginning of an upward trend, or simply a statistical bump. We had 13 sales in July, bringing the year-to-date sales to 63, down from the 77 (down 18%) we had last year at this time - the details.....
  • Total July sales were approximately $5.6M - the average home sale price was $434K. (Please note that the 13 sales ran from a minimum of $255K to a max of $905K, skewing the average well north of the median). 
  • The median sale price in July was $375K.
  • There are currently 117 active single family listings in Eastham (same as last month), with an average list price of $660K and a medium list price of $499K.
  • The average days-on-market is currently 206 days.
For more details, graphs, and commentary, download my latest monthly Eastham newsletter -- here. I've been publishing this newsletter for over 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!

2013 Oldtimers Longboard Classic - This Sunday Afternoon

It's early this year. The 2013 Cape Cod Oldtimers Longboard Classic will be held at 5 PM on Sunday, August 4th, at Wellfleet's White Crest Beach.

This year there will be a few new rules (see below). Since vintage longboards are getting valuable and harder to come by any longboard over 9 foot to be used in the contest (without a leash). Collector boards and vintage items should still be available for everyone to drool over. This is intended to be a fun event - not to be taken too seriously. Enjoy!

The rules...
  • Any longboard (9 feet or longer) regardless of age or condition will be allowed this year.
  • Contestants must be 21 and over. (Lifeguards under 21 accepted) 
  • All boards must be nine (9) feet in length or longer.
  • No leashes / No wetsuits - (If it’s too cold – tough!!!)
  • Tow-ins by Great White sharks will result in immediate disqualification
  • No whining!
This should be a lot of fun, and a good excuse to watch an old art form (and a few old-timers) in action.  If you'd like to compete in this competition, go to the Old Timers website for complete rules and an entry form.