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.
| 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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