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According to Cape Cod & Islands Association of Realtors, the marketplace for Osterville residential properties, here’s what happened in 2023 vs 2024:
The Number of SOLD listings increased by 26% to 63 properties with a top sale of $22.75 million at 835 Sea View Avenue in Barnstable.
The Average Sales Price increased by 4% to $2.65 million and the Average Price Per Square Foot increased by 8% to $775 per square foot.
The inventory of properties available for sale as measured in months supply decreased by 9% at 1.68 months worth of properties for sale.
The average 30-year fixed mortgage rate increased by 2% to an average rate of 7.04% according to Bank Rate.com
If you’re thinking about buying or selling residential real estate now or in the near future, it’s important to seek the guidance and advice of a professional real estate agent.
Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.
Osterville
Average Sales Price
2023 – $2545130
2024 – $2650026.98412698
4% up
Average Days On Market
2023 – 47
2024 – 71
51% up
Average Sale Price Per Square Foot
2023 – $720.23
2024 – $774.91
8% up
Median Sales Price
2023 – $1312500
2024 – $1200000
9% down
Number of Sold Listings
2023 – 50
2024 – 63
26% up
Months Supply of Inventory
2023 – 1.84
2024 – 1.68
9% down
Mortgage Rate
2023 – 6.90%
2024 – 7.04%
2% up
Top 10 Sales
- $22750000 835 Sea View Avenue Barnstable, MA
- $12200000 807 Sea View Avenue Barnstable, MA
- $11750000 995 Sea View Avenue Barnstable, MA
- $11500000 61 Fox Island Road Barnstable, MA
- $8250000 104 Great Bay Road Barnstable, MA
- $7700000 200 N Bay Road Barnstable, MA
- $5995000 207 Pineleigh Path Barnstable, MA
- $5800000 350 Windswept Way Barnstable, MA
- $4572500 149 East Bay Road Barnstable, MA
- $4150000 28 Bayview Road Barnstable, MA
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