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: 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 [...]

Spring Review:

The beginning of the 2024 Cape Cod real estate market is showing some interesting trends.  Let's take a closer look at the data through April.

Median Sales Price remains high. April had the second highest median sales price ever, bested only by October in 2023.  Despite some bumps, the overall trend over the last 3 years is [...]

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 [...]

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 [...]

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 [...]

Greetings from us at Chatelain Real Estate. We have had the pleasure of providing you the support you have needed in your real estate ventures over the years. We look forward to continuing to help as we have through the past three decades. A most sincere thank you from every one of us for entrusting us with your real estate [...]