Real Estate Market Update | Cape Cod | July vs June 2020

Real Estate Market Update | Cape Cod | July vs June 2020

Cape Cod Average Sales PriceJune 2020 –$670172 – July 2020 – $724732 8% increase

Average Days On Market – June 2020 – 128 – July 2020 – 121 5% decrease

Average Sale Price Per Square Foot – June 2020 – $348.53 – July 2020 – $346.22 1% decrease

Sale to List Price Ratio – June 2020 – 95.06% – July 2020 – 95.98%  1% increase

Number of Sold Listings June 2020 – 430 – July 2020 – 528 23% increase

Months Supply of Inventory – June 2020 – 4.73 – July 2020 – 3.43  28% decrease

Mortgage Rate – June 2020 – 3.42% – July 2020 – 3.30% 4% decrease

Top 10 Sales

1. $13750000 51 Sunset Point Barnstable, MA
2. $8875000 1025 Old Post Road Barnstable, MA
3. $7600000 134 Great Bay Road Barnstable, MA
4. $5850000 246 Stage Island Road Chatham, MA
5. $4200000 132 Shore Drive West Drive Mashpee, MA
6. $3900000 168 Whidah Road Chatham, MA
7. $3500000 85 Salten Point Road Barnstable, MA
8. $3050000 535 Stage Harbor Road Chatham, MA
9. $2995000 218 Long Beach Road Barnstable, MA
10. $2685000 13 Ocean Bluff Drive Mashpee, MA

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