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.
Cape Cod saw a small decline in summer bookings compared to 2024, according to our advertising partners at weneedavacation.com. The frenzy of COVID bookings has clearly ended and now the vacation market is stabilizing, though at higher prices and higher demand than pre-pandemic levels. We expect 2026 to have similar booking rates to 2025 [...]
It’s all about the punctuation. In 2023 this column concluded with exclamation points: Huge increases in median price! Low inventory! High interest rates! In 2024 it concluded with question marks: Can prices continue to go up? Will interest rates ever come down? Is the COVID market over? Now in 2025 we’re ending with a period: This is the new [...]
Happy New Year! After a year of mixed signals, 2025 went out with a whimper. The number of single family homes for sale dipped to a 2-year low in December. Taken on it’s own, that fact would be cause for concern. However, during the same period Days on Market ticked up to it’s second-highest level (32 days). These two metrics combine to [...]
Cape Cod Real Estate Market Update: December 2025
The Cape Real Estate Market is poised to close out 2025 essentially flat over 2024. Median sale price is up 3.1% year-to-date. Though this is lower than we have been used to since the start of the COVID market era, it nonetheless represents healthy annual appreciation. At the same time, days on market continues to climb, currently registering at 27.3% higher than last year. Similarly, the percent of list price received by sellers continues to decline to 95.5% - only .1% higher than the post-COVID low reached in February of this year. In plain English, homes are selling more slowly for less than asking price, but on average for slightly more than they were in 2024. A decidedly mixed message.
The message becomes even more mixed if you compare single family home performance against condominium properties. The accomanying graph (released this month by the CCIAOR) shows the median price of condominiums only. As you can see, declines in condo prices have consolidated over the last few months. Condos are in fact on track to close the year down at least 4.9%. Historically condo prices have been a leading indicator for changes in the overall real estate market. We will continue to monitor these trends...stay tuned for more in the New Year.
And whether you own or want to own a condo or single family home...whether you are planning a vacation here or want to list your home for rent...the professionals at Chatelain Real Estate are here to give you the expert advice you will need to make your transaction a success. Give us a call any time - we look forward to hearing from you.
Cape Cod Real Estate Market Update: Fall 2025
The big question we're getting from both buyers and sellers alike is "have prices started to fall yet?" And the answer is...maybe. The median sale price six-month-average dipped from a high of $739,000 in November of last year to a low of $710,500 in May (see the accompanying chart). [...]
2024 was another great year but the Cape Cod vacation rental market is settling down after the craziness of COVID. Let's dig in.
...demand slowed in 2024. The majority of our homes filled their available summer dates, but for the first time in years, we had holes here and there. Clearly renters have [...]
The Cape Real Estate market continued to show signs of a ‘return to normalcy’ in 2024. The average number of days on market rose to 41, the highest level since 2021. Percent of asking price received by sellers dropped to 96.6%, the same level we saw in 2017. And the seasonal bumps in activity that disappeared after COVID began to emerge in [...]
Cape Cod Real Estate Market Update: November & December 2024
The Cape Cod real estate market wrapped up 2024 with some notable trends in November and December. As we close the year, let’s take a closer look at what happened and what it could mean for buyers and sellers moving [...]
September and October Review:
The Cape Cod real estate market was in the thick of the usual fall "boom" with new listings and homes for sale both still elevated from the summer. What does this mean? Let's take a [...]
Summer Review:
July and August continued many recent trends in Cape Cod real estate. With the start of the fall market and some relevant economic trends at hand, let's take a look.
Inventory is building in certain price ranges... Overall inventory of single family homes is at it's highest since November 2020. However most of this [...]