Orleans MA - Real Estate Update Summer 2011

ORLEANS single family home sales are up in both number and the average sale price from Jan 1, 2011 through May 31, 2011. (June numbers will not be official for another couple of weeks.) So far, 35 single family homes (SFH) have sold Jan-May, compared to 30 last year this time. The average sale price is $500K versus $493,250 the first 5 months of 2010.  There were at least 3 Orleans homes sold in June over $1 million. The condo market in Orleans is down however, with 7 condos sold to date versus 11 this time last year, at a median price of $209,000 vs. $225K last year.  PENDING home sales in Orleans include 21 SFH, with 4 of these homes priced over a million dollars, and 5 condos between $164,900 to 354K. There is still a lot to choose from though, with 133 single family homes and 22 condos for sale in Orleans. It's the right time to shop for investment property, a vacation home, or summer home in Orleans. If I can be of service, please let me know! Meanwhile, HAPPY SUMMER!

  • July 07 2011 - Town of Orleans
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