Real Estate Market Update | Cape Cod | 2021 1st Quarter vs 2020 1st Quarter

Real Estate Market Update | Cape Cod | 2021 1st Quarter vs 2020 1st Quarter

Real Estate Market Update  Cape Cod  2021 1st Quarter vs 2020 1st Quarter

Real Estate Market Update Cape Cod 2021 1st Quarter vs 2020 1st Quarter

Cape Cod

Average Sales Price
Q1 2020 – $610812
Q1 2021 – $865807.34
42% up

Average Days On Market
Q1 2020 – 123
Q1 2021 – 82
33% down

Average Sale Price Per Square Foot
Q1 2020 – $317.6
Q1 2021 – $425.33
34% up

Sale to List Price Ratio
Q1 2020 – 94.39%
Q1 2021 – 97.36%
3% up

Number of Sold Listings
Q1 2020 – 783
Q1 2021 – 839
7% up

Months Supply of Inventory
Q1 2020 – 3.34
Q1 2021 – 1.67
50% down

Mortgage Rate
Q1 2020 – 3.75%
Q1 2021 – 3.33%
11% down

Top 10 Sales

1. $9850000 230 Cedar Street Chatham, MA
2. $7250000 51 Nauset Road Orleans, MA
3. $7250000 274 Carriage Road Barnstable, MA
4. $6800000 360 North Bay Road Barnstable, MA
5. $6350000 501 Eel River Road Barnstable, MA
6. $6200000 75 Grist Mill Lane Chatham, MA
7. $5777500 120 Vineyard Road Barnstable, MA
8. $4800000 285 Baxters Neck Road Barnstable, MA
9. $4510000 11 Marchant Avenue Barnstable, MA
10. $4500000 70 Seaview Street Chatham, MA

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