After more than 25 years of living, working and playing on Cape Cod we have a lot to share about the area. Our blog topics run the gamut from fun things to do, working with contractors, and homeownership tips and tricks, so check back frequently to see what's new. If you have questions or would like to learn more about Cape Cod or owning property on this beautiful peninsula please contact us for more information and to set up a showing for any listing.
February Review:
Well, it's been an interesting week. Let's take a look at how changes in the larger economy and continuing market trends are shaping the upcoming Spring real estate season on Cape [...]
January Review:
The Cape Cod housing market showed some interesting changes compared to January 2022 as well as compared to the past few months. We have been monitoring a few metrics in particular and they [...]
Greetings from us at Chatelain Real Estate. We have had the pleasure of providing you the support you have needed in your real estate ventures over the years. We look forward to continuing to help as we have through the past three decades. A most sincere thank you from every one of us for entrusting us with your real estate [...]
The Cape Cod Real Estate market closed out 2022 continuing the trend of higher prices and lower inventory that has played out over the last decade. In fact, we closed 2022 with the lowest number of homes for sale (~580) and the highest prices (~$639,000) ever for the Cape market. For comparison, the last market peak in 2006-2008 saw ~5,700 [...]
Cape Cod vacation rentals continued to be very attractive to vacationers in 2022. The trend of early booking continued with 66% of all booking being completed by the end of March. 2023 seems on pace to be more similar to 2022 than 2021 in this regard, see the chart at right. In addition we [...]
Improvise, Adapt, Overcome
No, this isn’t an episode of Man vs. Wild (exactly), since we local Cape Codders have slightly more than a knife and some flint to help us survive. But, in many ways our current conditions are at odds with community needs: housing, wastewater, healthcare, and our economy are a few of the complex challenges that [...]
Happy New Year!
December Review:
December closed out 2022 with few surprises in the Cape Cod Real Estate Market. Here are a few relevant points.
Percent of Original Price is on the decline. For context, this metric is the first asking price at which a seller markets their home and it has been declining since May. This indicates that [...]
October and November Review:
The end of the year is shaping up to be much as we expected. Inventory remains tight as both sellers and and buyers concentrate on the holidays more than selling or purchasing homes. As a result, we have been seeing inventory dwindle, yet we are also now seeing some other interesting trends [...]
September Review:
The Cape Cod real estate market continues the trend of low inventory, high prices, and favoring sellers. While inventory is up from the low last winter, it is still on par with 2021, meaning we haven't seriously started to improve this aspect of the market by increasing the number of homes for sale. Additionally, new [...]
August Review:
The Cape Cod real estate market remains low on inventory and high on confusion. We have been inundated these last weeks with requests for a quick look into our crystal ball and an idea about when the top, or bottom, of the market will be. Unfortunately our crystal ball only reliably predicts the next day of the week. The [...]