Real Estate Market Update | Cape Cod | 2020 1st Quarter vs 2019 1st Quarter

Real Estate Market Update | Cape Cod | 2020 1st Quarter vs 2019 1st Quarter

Cape Cod

 

Average Sales Price

Q1 2019 – $600644

Q1 2020 – $590060

2% Decrease

 

Average Days On Market

Q1 2019 – 132

Q1 2020 – 123

7% Decrease

 

Average Sale Price Per Square Foot

Q1 2019 – $304.7

Q1 2020 – $314.67

3% Increase

 

Sale to List Price Ratio

Q1 2019 – 94.58%

Q1 2020 – 95.15%

1% Increase

 

Number of Sold Listings

Q1 2019 – 732

Q1 2020 – 752

3% Increase

 

Months Supply of Inventory

Q1 2019 – 4.01

Q1 2020 – 3.47

13% Decrease

 

Mortgage Rate

Q1 2019 – 4.17%

Q1 2020 – 3.75%

10% Decrease

 
 

Top 10 Sales

1. $4637500 410 Wianno Avenue Barnstable, MA

2. $4462500 115 Gorham Road Harwich, MA

3. $4400000 7 Ayer Lane Harwich, MA

4. $3900000 6 Uncatena N Falmouth, MA

5. $3600000 356 Great Island Road Yarmouth, MA

6. $3500000 142 Bay Shore Drive Falmouth, MA

7. $3325000 925 Chequessett Neck Road Wellfleet, MA

8. $3000000 31 Starboard Lane Mashpee, MA

9. $2701000 23 Sages Way Orleans, MA

10. $2557500 45 Cove Lane Bourne, MA

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