November Sales - Not Bad For A November

Eastham's November 2016 sales were pretty good, but a tad behind last month. This year, we had 14 sales in November, down only 1 from October. The 'real' story, however is the low active inventory. It's at levels we haven't seen since 2005. Ugh! The details.....

• The 14  November sales totaled approximately $7.2M - the average home sale price was $511K. 
• The median sale price in November was $408K.
• There are currently 60 active single family home listings in Eastham, with an average list price of $769K and a median list price of $550K.
• The average days-on-market is 232 days.

For more details, graphs, and commentary, download my latest monthly Eastham newsletter -- here. I've been publishing this newsletter for over 13 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!