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(Prices and inventory current as of Jul 5, 2022)

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Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Jul 5, 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 | November 2021 Vs October 2021

Real Estate Market Update | Cape Cod | November 2021 Vs October 2021

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 November 2021 versus October 2021:

The Number of SOLD listings decreased by 5% to 347 properties with a top sale of $12 million at 333-359 Seapuit Road in Osterville.

The Average Sales Price decreased by 19% to $881000 moving the Average Price Per Square Foot up to $634 per square foot.

The inventory of properties available for sale as measured in months supply decreased by 17% to 2.12 months worth of properties for sale.

The average 30 year fixed mortgage rate had no change with to 3.24% according to Bank Rate.com.

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

Cape Cod

Average Sales Price
October 2021 – $1087611
November 2021 – $880763
19% down

Average Days On Market
October 2021 – 30
November 2021 – 25
17% down

Average Sale Price Per Square Foot
October 2021 – $502.98
November 2021 – $633.75
26% up

Sale to List Price Ratio
October 2021 – 98.52%
November 2021 – 99.41%
1% up

Number of Sold Listings
October 2021 – 367
November 2021 – 347
5% down

Months Supply of Inventory
October 2021 – 2.56
November 2021 – 2.12
17% down

Mortgage Rate
October 2021 – 3.24%
November 2021 – 3.24%
0% no change

Top 10 Sales

  1. $12000000 333-359 Seapuit Road Osterville, MA
  2. $5500000 1440 Chequessett Neck Road Wellfleet, MA
  3. $4250000 210 Fox Hill Road Chatham, MA
  4. $3740000 41 Saints Landing Brewster, MA
  5. $3675000 237 Crocker Lane Brewster, MA
  6. $3550000 313 Bridge Street Osterville, MA
  7. $3400000 39 Island Avenue Hyannis Port, MA
  8. $3375000 21 Buena Vista Road Chatham, MA
  9. $2550000 405 Baxters Neck Road Marstons Mills, MA
  10. $2500000 53 Wianno Circle Osterville, MA

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