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.
Aug Review:
August saw the continued increase in single family home inventory; however because of the high amount of buyer activity, the added number of homes for sale was not enough to improve the months supply of inventory (which is now at 1.4 months). The short story, low inventory continues to drive the real estate market on Cape [...]
July Review:
The real estate market on Cape Cod continues with the same trends we have now seen for months. Inventory is (very) slowly creeping up but remains far too low to meet demand from buyers. By comparison, in July 2020, there were 1,184 single family homes on the market, in July 2021, it was only 544. Currently single family [...]
June Review:
The main driver in the market right now is still low inventory which is currently and will continue to influence the real estate trends on Cape Cod for a while at least. As you take a look at our infographic, note that many indicators are now trending negative compared to last year. Closed sales, pending sales and [...]
April Review:
As we venture into April we can start comparing market numbers from COVID impacted months in 2020; put simply, the market now is far hotter than it was right at the start of the pandemic. As you can see in our "What's Up & What's Down?" graphic at right market activity is up in every category except for inventory and days on [...]
March Review:
The real estate market on Cape Cod continues to be exceptional. An interesting point in this month's data is that, for the fist time since June 2020, closed sales are actually down compared to the previous year. This suggests, more than anything, that inventory is so low we simply can't keep increasing the closed sales [...]
February Review:
The Cape Cod real estate market continues into unprecedented territory driven largely by dwindling inventory. At the end of February there were 343 homes for sale in Barnstable County, which is down 77% from the same period in 2020 and continues the trend of decreasing inventory we have seen largely unbroken since the [...]
January Review:
While the January market was still exceptional, it gave us the first opportunity to breath since May of 2020; however this was not a typical "seasonal slow-down". Median price was up 33% from this time last year but held steady compared to the previous month, December 2020. Additionally closed sales declined significantly in [...]
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The big question is “what about 2021?” Will the strong market hold? Will prices continue to climb? Or are we in a bubble whose collapse is imminent? The short answer is, as always: “we have no idea.” But for a long answer, here are some factors we see swimming around in the crystal ball on Agnes’ [...]
There are no two ways about it. 2020 was a remarkable year for the Cape Real Estate market. We started off the year in familiar territory with January and February showing roughly the same level of market activity as in recent years. But when the COVID pandemic took hold in March we saw a sudden slump in both pending sales and new [...]
2020 was an unusual year to say the least and the vacation rental market on Cape Cod was no exception. Local hotels and motels suffered as many vacationers were either unable to travel or reluctant to be in shared spaces. However, when comparing our experience as short-term vacation rental brokers to the hotel industry, we found the comfort [...]