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Falmouth Ranked in Top 3 Hottest Towns in State

Massachusetts based McGeough Lamacchia Realty ranked Falmouth the 2nd Hottest town in the state in 2012.

McGeough Lamacchia Realty compared home sales numbers in towns across the state from 2012 and 2011 and chose the three hottest towns in Massachusetts. The company was looking for towns that had the biggest increases in the number of home sales and the average home sale price.

Westwood was ranked number one by owners John McGeough and Anthony Lamacchia, who attributed Westwood’s popularity to it’s close proximity to commuter rail lines and it’s many recreational facilities. There were 174 homes sold in Westwood this year, up from 114 in 2011; the average home price rose 18% in the same time period, according to McGeough Lamacchia Realty.

Falmouth came in at number two. McGeough and Lamacchia noted Falmouth’s 68 miles of coastline, many casual dining spots and activities like the Woods Hole Film Festival. There were 381 homes sold in Falmouth this year compared to 227 sold in 2011; the average home price increased 13.8% in the same time period, according to McGeough Lamacchia Realty.

McGeough and Lamacchia ranked Gloucester number three and feel the town’s success is due to its rich history and gorgeous beaches. There were 286 homes sold in Gloucester this year, a 13.9% increase from 2011; home prices rose 15.9%, according to McGeough Lamacchia Realty.

Glenn Kelly January 04, 2013 at 01:31 PM
Falmouth is the perfect location for everything ! No traffic, close to Boston and the Islands...major airports...great restaurants, great golf courses , friendly people.... What more do you want ?
Bill Carson January 04, 2013 at 02:27 PM
Falmouth has major issues over commercial wind turbines. Otis ANG Base plans 17 more 2 or larger megawatt turbines. I would like to see what the real esate agent says about buying a house in Falmouth 3000 feet from one of these monsters ! I think they look like a giant tooth brush sticking out of a toilet upside down . Let's ask the real estate agent how those people have to live in their basements because of the noise from the turbines. Falmouth has turned much of its residential property locations into commercial wind turbine zones - You have got to ask yourself ; If I saw two identical homes for the same price one in Falmouth near a commercial turbine and the other far away from the turbines which one would you buy ? You'd buy the one you could sell at a later date ! The one away from the turbine! Commercial wind turbines do not help home sales
Ann Murphy January 04, 2013 at 02:31 PM
Mcgeough + lamacchia are the best!
Jacqueline Burke January 04, 2013 at 04:24 PM
Hummmmmmmmm maybe this is why our property taxes went up!! :)
Russ Pelletier January 06, 2013 at 06:58 PM
Actually, McGeough Lamacchia Realty is not a local real estate company. The stats from the Registry of Deeds shows that unit sales in Falmouth for the first 11 months of 2012 were 490 vs 353 for 2011.

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