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Rick Tourgee's Provincetown Real Estate Blog

The main purpose of my Provincetown Real Estate Blog is to provide fresh, up to date information on real estate issues here in Provincetown, Truro, Wellfleet and surrounding Cape Cod communities.
Provincetown Real Estate: One bedroom condo in Provincetown's East-end for sale

• 365 sq. ft., 1 bath, 1 bedroom - MLS®$269,000

 -  Located in the East-end of Provincetown across from the theater, you will find this bright and spacious1 bedroom condo with beautiful bamboo floors and updated bathroom. On the main level you will find the living area and kitchen with electric range and bamboo floors throughout. The second level has a spacious bedroom with bamboo floors and a wonderfully updated bathroom with beautiful tile floors and upgraded fixtures. Common laundry and common basement storage. Pets are allowed for owners and weekly rentals are allowed. There are 10 units, 7 parking spaces to be used on a first come/first serve basis.

Property information

Provincetown Real Estate: January sales volume and prices increase on Cape Cod

As reported on the Cape Cod Times online newspaper this morning, sales volume and prices increased in January!  See the article below!

 

The Cape's real estate market continued to show signs of stability during January, with sales volume and median price increasing year-over-year, according to numbers released yesterday by the Barnstable County Registry of Deeds.

Sales volume for the month was 20.8 percent higher than in January 2009, with 343 deeds recorded, Register John F. Meade reported. The registry compiles its data based on all sales above $50,000.

The median sale price for January was $294,000, an increase of 6.9 percent from the same month a year ago. January 2009's median sale price was $275,000.

Both sales volume and median value trail the figures for January 2008, when the registry reported 392 sales with a median value of $323,000.

And while the median price dropped 6.7 percent from December's $315,000 — the high for 2009 — it was higher than six of the preceding 12 months' midpoint values.

Meanwhile, mortgage activity showed a steep year-over-year decline. The registry logged 1,097 mortgages with values above $50,000 last month, a drop of 23 percent from the January 2009 total of 1,424. The median mortgage amount also fell, from $248,600 a year ago to $235,000 last month. 

Provincetown Real Estate: 6 Thistlemore Way in Provincetown's East End is Sold!

Sold

Provincetown Real Estate  -  4 bedroom single family with more than 1,800 square feet at 6 Thistlemore Way has been sold.

Property information

Provincetown Carnival 2010 theme

Provincetown Carnival theme for 2010 is Jungle Fantasy! Mark the week in your calendar: August 15-21, come to Provincetown! It will be a blast!

Provincetown Real Estate: Sales activity continues to surge!

As I stated in an earlier post, I am thrilled to announce really good news for Buyers and Sellers of Provincetown real estate!  Activity of Buyers signing contracts has surged dramatically not only during the 3rd quarter- but, it is continuing well into the 4th quarter!

To demonstrate how active the market has been, YTD according to our Cape Cod & Islands MLS service, there have been 128 sales/closings of all properties across all price ranges.  However, as of today, December 3 there are 37 properties that now have a signed contract!  Most of these properties should close within the next 4-6 weeks or so.  To see what has actually closed in Provincetown in 2009, visit my recent sales page.

Since Provincetown is primarily a second home market, the first time home buyer tax credit has no bearing on the reason for the growth in sales.  However, mortgage rates are at an all time low, Buyers have been holding off and now there is pent up demand............and without question- Provincetown offers a life style like no other resort area and has a limited supply of properties.

Inventory is till plentiful- but, dwindling as premier properties are selling.  Many people earlier have put their buying decisions hold to “see what happens”.  I am highly advising my Buyers to not wait any longer if there are ready, willing and able to purchase a condo or home here in Provincetown.

Please visit my website to see a sampling of available properties.  Please feel free to call me at 508-237-4632 should you wish to discuss your personal goals and objectives of buying a second home here on Cape Cod.

Provincetown Real Estate: 29 Alden Street # 6 in the center of Provincetown is Sold!

Sold

Provincetown Town Center, Town of Provincetown  -  This cute studio in the center of Provincetown at 29 Alden Street # 6 has been sold on November 6, 2009.

Property information

Provincetown Real Estate: 17 Conant Street # 3 in Provincetown is Sold!

Sold

Provincetown West End, Town of Provincetown  -  This adorable studio condo with sleeping loft at 17 Conant Street # 3 sold on November 3, 2009.

Property information

Provincetown Real Estate: One bedroom condo For Sale in Provincetown's West End

25 Winthrop

• 386 sq. ft., 1 bath, 1 bedroom - MLS®

 -  This spacious one bedroom condo is located on a quiet side street in the West-end. This first floor corner unit is tucked away allowing added privacy. A terrific exclusive patio at the front of the unit as well as an exclusive use side deck allows for plenty of outdoor space to entertain friends. Upon entering the property, the beautiful landscaping filled with green grass and flowers will make you feel like you are on a garden tour on HGTV! This unit offers much privacy- yet steps to Bubulas, the Boatslip and many wonderful boutique shops along Commercial Street. Pets are allowed for owners. Parking for one car and common use laundry.

Property information

Provincetown Real Estate: 25 Winthrop Street # 3 is Sold!

Sold

Provincetown West End, Town of Provincetown  -  One bedroom, one bath condo at 25 Winthrop Street has been sold.

Property information

Provincetown Real Estate: Terrific free standing studio with sleeping loft!

Exterior of the cottage

• 225 sq. ft., sleeping loft, 1 bath, free standing - $229,000

Property information

Provincetown home for sale: Price reduced on 8 Thistlemore Way in Provincetown's East End

East End, Town of Provincetown  -  Announcing a price reduction on 8 Thistlemore Way, a 1,584 sq. ft., 3 bath, 3 bdrm 3 story "3 Bedroom single family". Now MLS® $669,000 - Reduced!.

Property information

Provincetown condo for sale: Studio with a sleeping loft For Sale in Provincetown's West End

20908004

• 274 sq. ft., 1 bath, 1 bdrm other "Free standing studio condo with sleeping loft" - MLS® $249,900

 -  Be sure to view the virtual tour! If you are looking for a cute, renovated, free-standing Cape Cod getaway- look no further! This wonderful light & bright free standing condo studio condo with sleeping lofe was recently renovated with granite counters, new appliances, and updated bath with shower. Located in a central location makes it easy to get to everything that makes Provincetown special. Terrific Summer 2009 rental income of almost $14,000!! An added bonus is two assigned parking spaces and connected to town sewer!

Property information

Provincetown condo for sale: Free standing studio condo with sleeping loft

Exterior

• 335 sq. ft., 1 bath single story - $199,000

 -  Walk off the ferry and be home in the center of town! This condo is a free-standing cottage has 223 square feet on the first level, featuring kitchen, living area, and bath. An added bonus, you will also find a 112 square foot sleeping loft with plenty of head room and a skylight!! Just renovated - all new kitchen, bath, and hardwood floors. Large exclusive outdoor space/yard. Easy to show. Condo docs allow for second level expansion or dormers. Connected to town sewer. Weekly rentals are allowed as well pets for owners. Owner is a licensed Broker in Massachusetts.

Property information

Provincetown Real Estate: Real Estate activity surges!

I am thrilled to announce really good news for Buyers and Sellers of Provincetown real estate!  Activity of Buyers signing contracts has surged dramatically within the last couple of months!

To demonstrate how active the market has been, YTD according to our Cape Cod & Islands MLS service, there have been 57 sales/closings of all properties across all price ranges.  However, as of today, September 8 there are 47 properties that now have a signed contract!  Most of these properties should close within the next 4-6 weeks or so.

Provincetown offers a life style like no other resort area and has a limited supply of properties.

Mortgage rates are terrific and inventory is till plentiful- but, dwindling as premier properties are selling.  Many people earlier have put their buying decisions hold to “see what happens”.  I am highly advising my Buyers to not wait any longer if there are ready, willing and able to purchase a condo or home here in Provincetown.

Please visit my website to see a sampling of available properties.  Please feel free to call me at 508-237-4632 should you wish to discuss your personal goals and objectives of buying a second home here on Cape Cod.

Provincetown Real Estate: 4 bedroom single family home for sale in Provincetown's East End

6 Thistlemore Way

• 1,888 sq. ft., 2 bath, 4 bdrm single story - MLS® $659,000

 -  Located in the East-end of Provincetown, you will find this 4 bedroom single family home with 1,888 square feet nestled in the trees. This spacious and well kept home offers lots of privacy- yet close to everything that makes Provincetown special. The main level offers a living room with a wood burning fireplace and hardwood floors. A spacious and open dining room with hardwood floors is great for entertaining! There are sliders off of the dining area that leads to one of 4 decks. You will also find on the main level a spacious kitchen, also with sliders leading out to another deck. The upper levels of this home you will find 4 bedrooms (with Slim Jim A/C units) and 2 baths. There are sliders off of two bedrooms that lead out to private decks and some water-views. This home has been owned by the same owner since the house was built in 1980 and has not been rented and remains in very nice condition! A small amount of updating would make this a terrific home for many years to come!

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