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(Prices and inventory current as of Dec 9, 2022)

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Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Dec 9, 2022)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

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Real Estate Market Update | Cape Cod | August 2022 vs July 2022

Real Estate Market Update | Cape Cod | August 2022 vs July 2022

Welcome to The Griffin Real Estate Market Update.

If you’re thinking about buying or selling residential real estate, it’s important to  understand the current market trends. 

According to Cape Cod & Islands Association of Realtors, the marketplace for  Cape Cod residential properties, here’s what happened in August 2022 versus July  2022: 

The Number of SOLD listings had no change with to 287 properties with a top  sale of $14 million at 186 Windswept Way in Barnstable. 

The Average Sales Price increased by 7% to $987000 moving the Average Price  Per Square Foot up to $492 per square foot. 

The inventory of properties available for sale as measured in months supply  decreased by 5% to 3.1 months worth of properties for sale. 

The average 30 year fixed mortgage rate increased to 5.92% according to Bank  Rate.com.

Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market.

Cape Cod

Average Sales Price
July 2022 – $926013
August 2022 – $986998
7% up

Average Days On Market
July 2022 – 24
August 2022 – 22
8% down

Average Sale Price Per Square Foot
July 2022 – $478.48
August 2022 – $492.11
3% up

Sale to List Price Ratio
July 2022 – 101.30%
August 2022 – 99.93%
1% down

Number of Sold Listings
July 2022 – 287
August 2022 – 287
0% no change

Months Supply of Inventory
July 2022 – 3.25
August 2022 – 3.1
5% down

Mortgage Rate
July 2022 – 5.57%
August 2022 – 5.92%
6% up

 Top 10 Sales

  1. $14000000 186 Windswept Way Barnstable, MA
  2. $8225000 444 Old Harbor Road Chatham, MA
  3. $5300000 240 & 242 Glenneagle Drive Mashpee, MA
  4. $4788800 385 Harmes Way Eastham, MA
  5. $4310000 126 Shore Drive Mashpee, MA
  6. $3900000 3 Luscombe Lane Dennis, MA
  7. $3750000 345 Robbins Hill Road Brewster, MA
  8. $3600000 19 Shore Road Harwich, MA
  9. $2995000 6 High Wood Way Mashpee, MA
  10. $2975000 70 Ocean Avenue Barnstable, MA

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