November Market Update

<h3>October Review:&nbsp;</h3>

<p>Median Sales prices continue to climb in both the single family and condominium markets and, as a result, we saw a considerable drop in the affordability index for Barnstable County in October.&nbsp; The inventory of homes dropped less than 2% since September and the current&nbsp;months of inventory, 6.6, is considered a healthy amount in a residential market.&nbsp; Additionally average&nbsp;days on market increased and percent of original sales price decreased, indicating a better market for buyers.&nbsp; The strong economic metrics&nbsp;and&nbsp;assurance&nbsp;the Fed will&nbsp;raise rates coupled with booming jobs reports and increasing wages could mean some changes in the&nbsp;real estate market here in Barnstable County.</p>

<p>&nbsp;</p>

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<h2 style="text-align: center;">Recent Market Summary</h2>
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<td style="text-align: center;">&nbsp;</td>
<td style="text-align: center;">Aug</td>
<td style="text-align: center;">Sept</td>
<td style="text-align: center;">Oct</td>
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<td style="text-align: center;">Closed Sales</td>
<td style="text-align: center;">358</td>
<td style="text-align: center;">370</td>
<td style="text-align: center;">378</td>
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<td style="text-align: center;">Inventory</td>
<td style="text-align: center;">2,182</td>
<td style="text-align: center;">2,291</td>
<td style="text-align: center;">2,252</td>
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<td style="text-align: center;">Median Sales Price</td>
<td style="text-align: center;">$420K</td>
<td style="text-align: center;">$437K</td>
<td style="text-align: center;">$480K</td>
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<td style="text-align: center;">Avg Days on Market</td>
<td style="text-align: center;">90</td>
<td style="text-align: center;">89</td>
<td style="text-align: center;">98</td>
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<td style="text-align: center;">Avg % of Original Price</td>
<td style="text-align: center;">95%</td>
<td style="text-align: center;">95%</td>
<td style="text-align: center;">94%</td>
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<p>&nbsp;</p>

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<p style="text-align: center;"><a href="https://www.capecodchatelains.com/top-searches/">Featured Search - Condos with 2 beds or more!</a></p>
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<p style="text-align: center;"><a href="https://www.capecodchatelains.com/blog/posts/2018/11/09/making-your-home-photo-ready/">Get ready for your photography appointment</a></p>

<p style="text-align: center;"><a href="https://www.capecodchatelains.com/blog/posts/2018/11/09/making-your-home-photo-ready/">with these helpful tips</a></p>
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<td style="text-align: center;"><a href="https://www.capecodchatelains.com/top-searches/"><img alt="" src="https://cdn.resize.sparkplatform.com/cci/800x600/true/20181009211905572258000000-o.jpg" style="width: 300px; margin: 5px; height: 200px;" /></a></td>
<td style="text-align: center;"><a href="https://www.capecodchatelains.com/blog/posts/2018/11/09/making-your-home-photo-ready/"><img alt="" src="https://cdn.resize.sparkplatform.com/cci/800x600/true/20180830224911977464000000-o.jpg" style="width: 300px; height: 200px; margin: 5px;" /></a></td>
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