Sunday, February 15, 2009

Outer Cape - Sales Comparison - 2008 vs 2004

Below is a graph of the median single family home sales data, comparing 2008's sales to the sales of 2004, the year before the current real estate slowdown began.

Graph of Home Prices, 2004 vs 2008

As you can see, with the exception of Chatham, prices have suffered somewhat since 2004. However, they have held up well in comparison to the national average of roughly a 30% decline.

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