What a difference a month makes!!! At this time in March there was snow on the ground, winter storm damage everywhere, and an historic chill in the real estate market. At time of writing we're enjoying our second day in a row of 70+ degree weather, and the daffodils are in full bloom (though there's still a lot a storm damage in this [...]
Snow wasn’t the only thing falling last month. According to market data released this week by the Association of Realtors, the Cape logged our lowest-EVER number of new listings for the month of February. Not only that, but new listings dipped between January and February for the first time since 2015 (which was also a brutal winter). [...]
It’s all about the punctuation. In 2023 this column concluded with exclamation points: Huge increases in median price! Low inventory! High interest rates! In 2024 it concluded with question marks: Can prices continue to go up? Will interest rates ever come down? Is the COVID market over? Now in 2025 we’re ending with a period: This is the new [...]
Cape Cod Real Estate Market Update: Fall 2025
The big question we're getting from both buyers and sellers alike is "have prices started to fall yet?" And the answer is...maybe. The median sale price six-month-average dipped from a high of $739,000 in November of last year to a low of $710,500 in May (see the accompanying chart). [...]
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 [...]
September and October Review:
The Cape Cod real estate market was in the thick of the usual fall "boom" with new listings and homes for sale both still elevated from the summer. What does this mean? Let's take a [...]
Summer Review:
July and August continued many recent trends in Cape Cod real estate. With the start of the fall market and some relevant economic trends at hand, let's take a look.
Inventory is building in certain price ranges... Overall inventory of single family homes is at it's highest since November 2020. However most of this [...]
June Review:
"Stability" is far too strong a word to use, but long-term real estate trends in many metrics demonstrate that we are past inflection points in the market. In plain terms, Cape Cod is digging out of the real estate market impacts from COVID, but the new reality looks different. Let's do some digging of our [...]
May Review:
The May Cape Cod real estate market demonstrated what felt like a more normal market. Let's take a closer look at the data.
Inventory is the highest since pre-COVID. Don't misunderstand me, inventory is not "high", but it's gaining ground with about 650 homes for sale. For comparison we had about 460 homes on the market in May [...]
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 [...]