Up to date reports on the real estate market in Provincetown and Truro Massachusetts.
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The real estate market on the Outer Cape is holding its own. In comparing sales from January through May of 2007 with activity from these same months in 2008, the sales volume in Provincetown is up slightly this year, Truro is about even and Wellfleet is down by 30%. Following find a breakdown...
The best indicator of what your property is worth is an examination of recent comparable sales. Your Seller’s Agent can provide you with a CMA, a comparative market analysis, which outlines these sales and estimates the value of your property. Try to remain unemotional when you review this info...
Q: " I bought my house 8 years ago for $250,000. Since that time, the value of my property has tripled. I would like to sell my house and downsize. I have never sold a property before and I heard that I do not have to pay Capital Gains tax if I am selling my primary residence. Is this true?" A...