Falmouth Real Estate
Historical Falmouth Heights Beach has propelled the Beach tourist industry on the upper Cape since the early 1960s. Today it is prized for the incredible fireworks display on the 4th of July and the widespread beach party atmosphere surrounded by walker friendly streets. The BBC, Casino Wharf and ball field abut the Heights beach and just down the road is the Falmouth Marina, Falmouth Yacht Club and the Island Queen Ferry. Main Street Falmouth is just over a mile away so this is an ideal location for those who want to be able to walk anywhere from their home (beaches, restaurants, ferry, marina & shops).
This is a popular destination for summer residents, investors and tourists. Homes values are much higher due to the value of the land and history of beachgoing residents. Lots are smaller than in many other towns but big yards are not what these buyers are looking for when purchasing a home in this area. They typically want to be in this area to live the beach lifestyle, enjoy retirement in a fun community that is an attractive retreat for their grandkids and close to Main Street Falmouth, or to purchase summer rental income investment properties that they might also frequent or eventually settle down and retire.
For Buyers: Median list price is $695,000 with current prices ranging from $445,000-$2,500,000. Home values tend to maintain strength and relative consistency with low inventory of homes actively on the market year-round. In 2018 there was a maximum of 8 actively for sale properties in any given month and as of early March 2019 only 4 homes are actively for sale! To get an edge on other buyers, sign up for instant notification as soon as a home in Falmouth Heights comes on the market!
For Sellers: In 2018 the lowest average days on market occurred in the summer months. The ratio between sold price and list price maintained relative consistency throughout the year meaning your home will likely sell for close to list price at any time of year, but only if priced well and listed at the right time! Would you like to learn what your home should list for in today’s market?