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Cape Cod Market Update November 2020

  • Ned Chatelain
  • Nov 24, 2020
  • 1 min read

October Review: 

Oct Market update

  The Cape Cod real estate market continues its unprecedented year.  Most remarkably is that median sales price remains at $550,000, up 25% from this time last year.  What is driving this increase?  Demand.  Both closed sales and pending sales are up more than 40% from this time last year and inventory is incredibly low, at just under 2 months of inventory.  Stay healthy and safe everyone!  Contact us today, we are always glad to discuss the market in further detail if you have questions. For more market data check out our blog category Real Estate Trends.


  Aug  

  Sept  

  Oct  

    Closed Sales 

  509  

  559  

  564  

   Inventory  

  1,019  

  921  

  808  

   Median Sales Price

  $545k  

  $550k  

  $550k  

   Avg Days on Market 

  99  

  97  

  84  

   Avg % of Original Price 

  96%  

  97%  

  98%  

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