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.
December Review:
The December Cape Cod real estate market was quiet, much as expected, with low inventory, few closings, and continued high prices.
Inventory remains low. The number of single family homes for sale in December was 400, down 11% compared to 2022. It would not be a surprise if inventory remains low because new listings were [...]
November Review:
The Cape Cod real estate market began the winter slowdown in November indicated by fewer closings and new listings. Despite slightly more favorable mortgage rates, low inventory and near-record home prices continue to make buying a [...]
October Review:
Good news today for buyers with mortgage rates dropping significantly; however, with median prices continuing to rise and inventory continuing to decrease, the Cape Cod real estate market still significantly favors [...]
September Review:
The Cape Cod real estate market continues to be driven by rising prices, low inventory, and the highest mortgage rates in more than 20 years.
Median sales price hit a new record completely outpacing affordability. Median sales price was $795,000 for a single family home in September. Prices this high continue to strain [...]
June-Aug Review:
The summer real estate market on Cape Cod showed some change though nothing yet resembling consistent or predictable.
Median sales price remains high... though there was some fluctuation in this number. After the peak in April, we saw a drop off in median price in May, a climb back up to the summer's peak in July, then [...]
April Review:
Real Estate trends on the Cape largely held steady in April with increases in median price, days on market, and inventory, while decreases continued in closed sales, pending sales, new listings, and percent of original price received. The increasing median sales price trend is bucking the national trend which has seen prices [...]
March Review:
According to the National Association of Realtors, sales are increasing across the country as the spring market heats up. However limited inventory continues to be a significant factor in the market. Is the Cape any different? Let's take a [...]
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 [...]
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 [...]