Wednesday, June 03, 2020

Eastham Real Estate Snapshot - June 1st

Here is the June 1st, 2020, snapshot of the Eastham real estate market (single family homes). We had only 7 sales for May, Up 4 from April and down 7 from May 2019.  Inventory levels are up modestly from last month, but down dramatically from this time last year. The last 10 weeks have wreaked havoc on our market. Looking forward will be difficult until we see light at the end of this Coronavirus tunnel. Expect these down results to continue for at least another 2-3 more months, even assuming we come out of this by July. That said, I've observed an up-tick in Buyer traffic. The shortage, now, is in listings.

These are just the facts. Request my upcoming newsletter for the 'whole' story. (Click on table to enlarge it for easier reading.

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