Freshest Figures Indicate Prices of New Homes Rise, Sales Stay Level in Barnstable Town
Posted on: May 06, 2013 07:03:10 AM
The Barnstable Town, MA market saw no change in new home closings year-over-year in December, remaining relatively stable after moving north year-over-year in November from the year earlier. Closings remained level at two from a year earlier after the figure moved from none in November 2011 to five in November 2012.
A total of 39 new homes were sold during the 12 months that ended in December, equal to the number of new homes sold for the year that ended in November.
Closings of new and existing homes gained year-over-year in December after also rising in November year-over-year.
The average new home value went from $338,750 last year to $375,950,. This was on the heels of a set of periods with no new home closings in both November 2012 or November 2011
Other Market Trends
There was no change in the composition of the new-home market with regard to the types of properties sold in December 2012. Single-family homes continued to account for all of new home closings.