Paul Chatelain

Cape Cod Real Estate Market Update December 2023

Cape Cod Market Update

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 [...]

Cape Cod Real Estate Market Update September 2023

Cape Cod Market Update

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 [...]

Cape Cod Real Estate Market Update Summer 2023

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 [...]

Cape Cod Real Estate Market Update May 2023

Cape Cod Market Update

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 [...]

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