Chatham Multi-Family Homes
Potential home buyers who may have a higher interest in residing in an area with a gorgeous view of the surrounding body/bodies of water - just might fall completely in love with the town of Chatham. This little coastal town juts out into ocean, providing gorgeous scenery that isn't offered by many locations. In addition to the unbeatable view, this area is also a popular attraction for tourists - which could make the idea to purchase a home here even more beneficial to the buyers. With a population of approximately 6,149 people, the town consists of around 2,772 total housing units. Though the area has a rather high median home value of $717,456 - it isn't difficult to see why prices are higher than many of the surrounding towns and cities. This area offers opportunities than may not be otherwise available, which of course increases the attractiveness of potential home buyers. For this reason, you may find that you need assistance in your search for a multi-family home in this town. If so, we'd love to provide said assistance - simply contact us today to help you buy a home in this gorgeous seaside town.
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Individuals who are hoping to sell their multi-family home in Chatham are likely to get a fair value for their home. Due to the real estate demand, individuals who currently own a home here but would like to sell it are very rare - as many of the housing units are rented out. The area boasts a 77.78% owner occupancy rate, and a higher than average number of single-family homes, which account for nearly 87% of the town's total housing units. Also, because the town is restricted on area - due to being nautical - the likelihood of additional housing being built is significantly reduced. Also, the median home value in this area has increased drastically - from $340,000 in 2000 to the current $717,456 - which proves how sought after the real estate here has continued to be for a couple decades. For these reasons (as well as several others), there has never been a better time than right now to sell your home here. Just contact us today and we'll do our best to help you sell your home ASAP.
Located in Barnstable County, the beautifully situated town of Chatham consists of two constituent neighborhoods. North Chatham / Chatham Port is the more expensive of the two neighborhoods. With a median real estate price of $688,362 - this area is more expensive than approximately 81.3% of all neighborhoods in the entire state. This suburban, coastal neighborhood's real estate consists primarily of medium/average sized homes and smaller apartments. One interesting fact about this area is that it has a rather large percentage of vacant homes and apartments - which is mainly because around 44.8% of said housing is seasonally occupied - which is common in vacation areas such at this little town. The second neighborhood is referred to as Town Center. This area maintains a median real estate price of $615,714 and is made up of mostly medium/average sized homes and apartments. This neighborhoods currently has a vacancy rate of 68.6%, due to the fact that many of its homes are seasonally occupied - about 64.2%, in fact. Comparing the numbers demonstrates how desirable the real estate in this area is, in addition to the fact that there is a lively real estate market. If you would like further information, simply sign up or contact us today to buy or sell a multi-family home in Chatham.
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