Cape Cod News

December Market Update

November Review: 

   After a busier than usual late fall we are starting to see the seasonal cooling off around the holidays.  Closed sales, inventory and median sales price were all down in November as both sellers and buyers tend to back off this time of year.  We also note that with 5.8 months supply of inventory the market is healthier compared to November last year (5.3 months).  The strong economy and hints from the Fed that rate hikes may be slowing down is good news for a healthy local market.  However the low affordability index (meaning the median house price costs more than the median income can afford) continues to be a point of concern.

 

Recent Market Summary

  Sept Oct Nov
Closed Sales 370 378 308
Inventory 2,291 2,252 1,968
Median Sales Price $437K $480K $435K
Avg Days on Market 89 98 100
Avg % of Original Price 95% 94% 94%

 

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October Market Update 2018

September Review:

September saw further gains in inventory with 6.7 months supply of single family homes.  Since September and October generally experience the last of the summer listing frenzy before the winter slump and, with the rising interest rates and other market trends leading towards a more buyer favored market, the growth in inventory may continue into October at least.  Median sales price continues to move upward compared to last year and, as a point of growing regional concern, the affordability index for Barnstable County continues to trend downwards.  

Recent Market Summary

  July Aug. Sept.
Closed Sales 330 358 370
Inventory 2,071 2,182 2,291
Median Sales Price $440K $420K $437K
Avg Days on Market 83 90 89
Avg % of Original Price 96% 95% 95%

 

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Market Update July 2018

June Review: The numbers for June continue the ongoing trends... compared to last year, median sales price of single family homes is up 10%, days on market is down 20% but inventory is even for the first time since 2009.  Additionally, when we look at the first 6 months of 2018, months supply of inventory is up 40% from January, which may indicate gains in inventory coming over the next few months.  Sellers were still favored in the June market but with months supply of inventory at 5.9, we could be at an inflection point.

 

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Recent Market Summary

  April May June
Closed Sales 329 399 413
Inventory 1,755 1,924 1,992
Median Sales Price $399,000 $429,000 $438,320
Avg Days on Market 108 114 95
Avg % of Original Price 96% 95% 95%

 

 

Open Houses 7/14-7/15

We have three excellent open houses this weekend.  If you are interested in any of these homes or to learn more about any other open houses on the Cape, contact us today.

 

Saturday 10-12 | 9 Osborn Snow Drive, East Dennis

Enjoy the summer in style with this unmatched luxury home. 250 acres of scenic Crowes Pasture Conservation Area are just out your back door with panoramic views of the best vista around. Entertain guests and friends with a gracious deck just off the gourmet kitchen, charming outdoor sitting areas with gas fireplace, and still room for outdoor games in the yard. Have clients coming for a long weekend? Provide them the privacy they deserve with a guest suite including a private deck. Invite those guests to bask at one of the close Dennis beaches, Sea Street or Cold Storage, just a jaunt away.

 

Saturday 1-3 | 42 Pitcher's Way, Hyannis

Quintessential cape escape or year round home that is loaded with nooks and crannies and is centrally located minutes to village center and Nantucket Sound beaches. This solidly built home is charmingly appointed with flexible layout that allows for first floor bedroom. It boasts a front to back living room with fireplace, dining room, kitchen with stainless appliances, den that opens up to the patio, three spacious bedrooms, two full baths and a half bath, full basement, garage and green house for all your plantings. There is room for the whole gang and is offered furnished.

 

Sunday 10-12 | 9 River Road, West Dennis

Bring your beach balls...This Cape Cod year-round getaway with proven rental history is turnkey ready for fun with plenty of room for outdoor games. It is being sold furnished along with the booked rentals. It is nestled on a cul-de-sac and features wood floors, three bedrooms, living room with cozy fireplace, nice sized eat-in kitchen, enclosed porch, wonderful deck for barbecues, and large storage shed. The location offers easy access to warm Nantucket Sound beaches, shopping, kayaking on the Swan River, and bicycling on the Cape Cod rail trail. It is well kept, has a newer furnace, a whole house fan, passing Title V septic system, and washer and dryer. This is a true gem.

 

Open Houses 7/7-7/8

We have five excellent open houses this weekend, the first of the July 4th holiday.  If you are interested in any of these homes or to learn more about any other open houses on the Cape, contact us today.

 

9 River Road, West Dennis | Saturday 10-12

Bring your beach balls...This Cape Cod year-round getaway with proven rental history is turnkey ready for fun with plenty of room for outdoor games. It is being sold furnished along with the booked rentals. It is nestled on a cul-de-sac and features wood floors, three bedrooms, living room with cozy fireplace, nice sized eat-in kitchen, enclosed porch, wonderful deck for barbecues, and large storage shed. The location offers easy access to warm Nantucket Sound beaches, shopping, kayaking on the Swan River, and bicycling on the Cape Cod rail trail. It is well kept, has a newer furnace, a whole house fan, passing Title V septic system, and washer and dryer. This is a true gem.

 

56 Clear Brook Road, West Yarmouth | Saturday 1-3 

This excellent starter, retirement or vacation home is conveniently located with easy access to shopping, beaches, and amenities. It is very well maintained and offers a nice floor plan with two bedrooms, granite counters, wood floors, newer windows, newer roof, Hardie plank siding, Azek trim, air conditioning, top of the line heating system including on-demand hot water, Generac generator, a large half acre private yard, garage and full basement. Bring your colors and love this sweet surprise that awaits you.

 

9 Osborn Snow Drive, East Dennis | Sunday 10-12

Enjoy the summer in style with this unmatched luxury home. 250 acres of scenic Crowes Pasture Conservation Area are just out your back door with panoramic views of the best vista around. Entertain guests and friends with a gracious deck just off the gourmet kitchen, charming outdoor sitting areas with gas fireplace, and still room for outdoor games in the yard. Have clients coming for a long weekend? Provide them the privacy they deserve with a guest suite including a private deck. Invite those guests to bask at one of the close Dennis beaches, Sea Street or Cold Storage, just a jaunt away.

 

438 Main St, Osterville | Sunday 1-3

Set yourself apart from the ordinary. This unique & refined home is to be enjoyed in summer and year long. Just minutes to Fancy's Market, library, post office, galleries, coffee & brunch; or to Dowses Beach for sunny walk or cooling dip; or launch a kayak down East Bay to Centerville River. This home is tastefully renovated with versatile floor plan ideal for entertaining. The heart of the home features a family room/kitchen combination that spills onto the large gracious sun room, deck & patio. The living room with lovely bay window is set apart allowing for intimate chats. 2 of the bedrooms each have private baths. There is additional large sleeping areas with half bath for visitors. The home is air conditioned throughout. Plenty of parking for guests. This is what life is all about.

Fourth of July Events and Activities | Cape Cod - 2018

It's that time of year again!  And while you are furiously scrubbing the remnants of last-year's BBQs from your grill we have an updated list of activities for the July 4th holiday and the rest of the summer too. 

Parades July 4th

Numerous parades on the day include Chatham and Orleans, both of which are delightful town events.  If we had to choose, our scale tips toward Orleans since you may catch a glimpse of one of the Chatelains on a float (we won't say which one but his name rhymes with 'pall').  You can find an extensive list here for all parades near you.  Additionally here are a few more ideas from affordable-cape-cod-vacations.com.

Fireworks

These splendid events occur not just around the 4th but several times in the summer as well including during the Dennis Festival days in August.  Delightful spectacles on the 4th include: 

9pm - Lewis Bay, Barnstable and Yarmouth

9pm (dusk) - Provincetown Harbor

8:45pm - Falmouth Height Beach

 

Free Concerts

Throughout the summer you can catch free outdoor concerts sponsored by the Arts Foundation of Cape Cod and TD Bank.  Additionally here are a few more ideas from affordable-cape-cod-vacations.com.

Not part of the Arts Foundation Series but always fun are the Brewster Town Band Performances at Drummer Boy Park.  6pm Sundays.

Concerts sponsored by the Southside Civic Association at the Dennis Port Village Green are also Tuesday evenings at 6pm, here is that list.

July 10th: Chappell and Stole performing hits of the 60s, 70s and 80s - Sponsors, Corsair and Cross Rip Resort and Ebb Tide
Restaurant

July 17th: Crocodile Tears performs your favorite oldies - Sponsor,
Coastal Engineering

July 25th: David Hickey performs American and Irish Standards-
Sponsor, Chatelain Real Estate

July 31st: Monica Rizzio performs classic country sound - Sponsor, Dickey Insurance

Aug 7th: Mike Higgins performs classic American Standards - Sponsor, Cape Living Real Estate

 

Don't just rely on us though!  Ask around and find your own things to do on the 4th of July and all summer long.  We think there is no better place to spend the summer than on Cape Cod. 

Market Update June 2018

May Review: Last month was characterized by the Spring market frenzy.  While 399 closed single family homes may not seem like much of a frenzy, compared to the January-April dearth, it was.  Overall though, sales and inventory are down compared to this time last year, which we believe says more about the unusually busy 2017 market leaving us with lower inventory to start 2018.  Conditions still favor sellers and buyers are encouraged to have strong offers (excellent financing and few contingencies) placed early to be considered.  We are encouraged to see an increase in new listings which is helping to rebuild the inventory here in Barnstable County.  Experts are also considering the idea that the current market conditions (higher prices and fewer days on market) are more sustainable than originally expected due to improved lending practices to more qualified borrowers.

Featured Search: Cute Mid-Cape Cottages for less than $350,000 What's New in Barnstable County?  Find out here

Recent Market Summary

  March April May
Closed Sales 255 329 399
Inventory 1,584 1,755 1,924
Median Sales Price $415,000 $399,000 $429,000
Avg Days on Market 137 108 114
Avg % of Original Price 95% 96% 95%

 

Open Houses 6/9-6/10

We have six excellent open houses this weekend.  If you are interested in any of these homes or to learn more about any other open houses on the Cape, contact us today.

Saturday 10-12 | 9 River Road, West Dennis

Bring your beach balls...This Cape Cod year-round getaway with proven rental history is turnkey ready for fun with plenty of room for outdoor games. It is being sold furnished along with the booked rentals. It is nestled on a cul-de-sac and features wood floors, three bedrooms, living room with cozy fireplace, nice sized eat-in kitchen, enclosed porch, wonderful deck for barbecues, and large storage shed. The location offers easy access to warm Nantucket Sound beaches, shopping, kayaking on the Swan River, and bicycling on the Cape Cod rail trail. It is well kept, has a newer furnace, a whole house fan, and washer and dryer. This is a true gem.

 

Saturday 10-12 | 17 Mayflower Lane, South Yarmouth

Fall in love with this sun-filled South Yarmouth charmer. Grab some appetizers from the cathedraled kitchen, then step outside and sip a drink on the lush patio. Cooling off? Warm up by the gas stove in the front-to-back living room. Stretch your legs with a peaceful stroll down to one of two beaches on lovely Long Pond. Flexible 5-room floor plan, super convenient location, newer roof and boiler...welcome home.

 

 

 

Saturday 1-3 | 1685 Hyannis Road, Barnstable Village

Two homes on one lot! This 1.67 acre estate consists of a tastefully renovated gracious main house plus guest cottage in a verdant setting. Situated in Barnstable Village and less than a mile from Millway beach this property is currently unmatched, yet still has room for expansion. How about a tennis court, swimming pool, or bocce ball court? The possibilities are endless. The main house boasts a gourmet kitchen, beautiful hearth with an elegant custom mantle, gleaming wood floors, renovated baths with river-stone tile, butler's pantry converted into a dignified office, nooks and crannies galore. The detached one bedroom guest cottage with its beautiful floors and window wrapped den, along with the main house, make this versatile property perfect for large gatherings and summer soirees.

Your imagination will delight when you encounter the outdoor fire pit, travertine patio, gardens, green house and fruit trees. All of these are just a minute to coffee shops, restaurants, post office, galleries, and village market. The renovations undertaken since 2003 include new kitchen, baths, windows, furnace, hot water heaters, roof, painted interior and exterior, to name a few. The landscaping is beautiful and allows for simplicity or formality. This is a one of a kind property to be proud of and love.

Saturday 1-3 | 9 Osborn Snow Drive, East Dennis

Enjoy bird watching in spring and fireworks over Cape Cod Bay on the 4th of July from the spacious custom crafted home. The setting has character that is un-matched with expansive views of Quivet Neck, lush grounds, and easy access to Crowes Pasture, Cold Storage and Sea Street Beaches--a most sought after location in East Dennis. The home's flow is inviting and gracious with three gas fireplaces, vaulted ceilings, and sparkling floors. There are outstanding entertainment areas from gourmet kitchen, outdoor brick oven, and large deck to gracious dining room. For work-at-home folks the private office cannot be beat. This is a one-of-a-kind lovely home that offers more than the ordinary.

Sunday 1-3 | 438 Main Street, Osterville

Set yourself apart from the ordinary. This unique & refined home is to be enjoyed in summer and year long. Just minutes to Fancy's Market, library, post office, galleries, coffee & brunch; or to Dowses Beach for sunny walk or cooling dip; or launch a kayak down East Bay to Centerville River. This home is tastefully renovated with versatile floor plan ideal for entertaining. The heart of the home features a family room/kitchen combination that spills onto the large gracious sun room, deck & patio. The living room with lovely bay window is set apart allowing for intimate chats. 2 of the bedrooms each have private baths. There is additional large sleeping areas with half bath for visitors. The home is air conditioned throughout. Plenty of parking for guests. This is what life is all about.

Sunday 1-3 | 56 Clear Brook Road, West Yarmouth

This excellent starter, retirement or vacation home is conveniently located with easy access to shopping, beaches, and amenities. It is very well maintained and offers a nice floor plan with two bedrooms, granite counters, wood floors, newer windows, newer roof, Hardie plank siding, Azek trim, air conditioning, top of the line heating system including on-demand hot water, Generac generator, a large half acre private yard, garage and full basement. Bring your colors and love this sweet surprise that awaits you.

Best Shellfishing Spots on Cape Cod

Courtesy of C Dannhauser

Spring makes us love the Cape for a lot of different reasons, not the least of which is the warming weather and water.  Warmer water means that we no longer need to worry about hypothermia when participating in one of the best Cape Cod activities, shellfishing.  Each town has unique regulations and areas that are open and closed depending on the season.  Check out the listings below for more details in your town.  We also provide one or two suggestions of our favorite places but we suggest you find your own!

 Town information  Our Favorite Spot (but check for seasonal closures)
Bourne Buttermilk Bay
Sandwich Mill Creek
Falmouth Waquoit Bay
Mashpee Great River south of the landing
Barnstable Scudder Lane or West Bay
Yarmouth Gray's Beach
Dennis Cove Rd (West Dennis Side)
Brewster Ellis Landing
Harwich Wychmere Harbor
Chatham Mill Creek or Oyster Pond
Orleans Little Pleasant Bay
Eastham Boat Meadow Creek
Wellfleet Indian Neck or Chipman's Cove
Truro Pamet River
Provincetown West of the Breakwater

 

 

 

 

 

 

 

 

 

 

 

 

 

Photo courtesy of C. Dannhauser

Open Houses April 21 and 22

We have three excellent open houses this weekend and, with the first prediction of clear skies in some time, will be a great weekend to get out and preview your dream home!

New Price |  9 Osborn Snow Drive, East Dennis | Sunday 1-3

Location is everything and this home has it all - expansive views of Quivet Neck conservation land as far as Cape Cod Bay, lush grounds that set the tone for the Cape Cod lifestyle and all only a stroll to Cold Storage and Sea Street Beaches. The gracious interiors cover 6600 square feet which include separate living quarters and a large private office that makes this home ideal for a professional home office. Every inch was custom crafted with low maintenance in mind. Boasting a fabulous chef's kitchen and oversized deck, entertaining is a breeze. Delight your clients with delicious treats prepared in the brick oven while enjoying the sweeping views and wine on the deck or by the fire pits. This special place features 5 bedrooms, 5 baths, sparkling wood, tile, vaulted ceilings, This is truly private and in an exceptional neighborhood. Bring your personal touches.

 

Brand new to market |  1685 Hyannis Rd, Barnstable Village | Saturday 1-3pm

Two homes on one lot! Charm best describes the tastefully renovated gracious antique main house on a 1.67 acre estate setting smack dab in Barnstable Village less than a mile from Millway beach with lovely three bedrooms, three baths. The detached one bedroom guest cottage along with the main house makes this versatile property perfect for large gatherings & summer soirees. Your imagination will explode when you encounter the outdoor fire pit, travertine patio, gardens, greenhouse and fruit trees. All this just a minute to coffee shops, restaurants, post office, galleries, and village market. Step inside the main house to find sparkling floors, gourmet kitchen, nooks and crannies at every turn. Send guests to the cottage with its beautiful floors, window wrapped den and enjoy your space. This is a sensational property with room for expansion. How about a tennis court, swimming pool, or bocce ball court? The possibilities are endless. The renovations undertaken since 2003 included new kitchen, baths, windows, furnace, hot water heaters, roof, painted interior and exterior, to name a few. The landscaping is beautiful and allows for simplicity or formality. This is one of a kind property to be proud of and to love.

 

New Price |  438 Main St, Osterville | Saturday 10-12

Set yourself apart from the ordinary. This unique & refined home is to be enjoyed in summer and year long. Just minutes to Fancy's Market, library, post office, galleries, coffee & brunch; or to Dowses Beach for sunny walk or cooling dip; or launch a kayak down East Bay to Centerville River. This home is tastefully renovated with versatile floor plan ideal for entertaining. The heart of the home features a family room/kitchen combination that spills onto the large gracious sun room, deck & patio. The living room with lovely bay window is set apart allowing for intimate chats. Two bedrooms each have private baths. There is an additional large sleeping area with half bath for visitors. The home is air conditioned throughout. Plenty of parking for guests. Take part in what life is all about.

 

If you are interested in any of these homes or to learn more about any other open houses on the Cape, contact us today.