Q1 | 2019
Cape Cod
Market Update
WOODS HOLE WATERVIEWS
188gansett.com Offered at $6,900,000
All Cape Cod
Upper Cape
04 Market Snapshot
08 Market Snapshot
06 Featured Properties
10 Bourne 12 Falmouth 14 Mashpee 16 Sandwich
Cape Cod Brokerages falmouth brokerage
508.548.2522
osterville brokerage
508.428.9115
All data within this document is pulled from the Cape Cod & Islands MLS. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Equal housing opportunity.
Mid Cape
Lower Cape
18 Market Snapshot
28 Market Snapshot
20 Banstable
30 Brewster
24 Yarmouth
32 Harwich
26 Dennis
34 Orleans 36 Chatham 38 Eastham
Greg Kiely / Vice President/ Brokerage Manager
sothebyshomes.com/capecod
Market Snapshot Q1
Active Inventory by price points
All Cape Cod
700
Units by Region
600
500
Lower Cape Upper Cape
400
300
200
Mid Cape
100
Total Units Sold 229 308 153
Lower Cape
Active Inventory by Price Point & Area
Upper Cape
Under $250k
Mid Cape
$250-$500k
Lower Cape
$500k - $1m $1 - $2m $2m+
Lower Cape
Mid Cape
Mid Cape
Upper Cape
Upper Cape
-
Q1 Highlights
Median by Region
All Cape Cod
Sales volume by price points Below $250k
$600,000
$2m and Above
$500,000
$400,000
$250k-$500k $1m-$2m
$300,000
$200,000
$100,000
$500k-$1m
Median Selling Price 412k $ 365k $ 493k $
Lower Cape
Mid Cape
Upper Cape
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 2% 32 % 28 % 14 % 18 %
Upper Cape Mid Cape Lower Cape
5
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Q1 Highlights / Cape Cod Q1 Market Update
CAPE COD
Featured Properties SAGAMORE BEACH
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SANDWICH
Offered at $2,349,900 sothebyshomes.com/0404048 MASHPEE
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Offered at $1,450,000 352sippewissett.com *in order from left to right, top to bottom
sothebyshomes.com/capecod
7
/ Cape Cod Featured Properties / Cape Cod Q1 Market Update
Market Snapshot
Active by Price - Upper Cape
Upper Cape
Q1
250
Units by area - Market Snapshot 200
Bourne Mashpee 150
100
Sandwich
Falmouth 50
Total Units Sold 28 96 48 57
Mashpee
Active Inventory by Price Point & Area
Bourne
Under $250k
Falmouth
$250-$500k
Mashpee
$500k - $1m
Sandwich
$1 - $2m $2m+
Mashpee
Sandwich
Sandwich
Falmouth
Falmouth
Bourne
Bourne
0
upper cape
Bourne Falmouth Mashpee Sandwich
Upper Cape - Median
Sales volume by price points
$500,000
Below $250k
$450,000 $400,000
$2m and Above
$350,000 $300,000
$250k-$500k
$250,000
$1m-$2m
$200,000 $150,000 $100,000
$500k-$1m
$50,000
Median Selling Price 351k $ 472k $ 411k $ 385k $
Sandwich
Mashpee
Falmouth
Bourne
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 2.5 % 40.2 % 32.6 % 6.1 % 18.7 %
Bourne Falmouth Mashpee Sandwich
9
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Upper Cape / Cape Cod Q1 Market Update
at a glance {Q1 | 2019}
bourne
28 -10 Units Sold
%
Change in Units Sold {2019 v 2018}
351k -5 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area
$375,000
60
$370,000
50
$365,000 $360,000
40
$355,000
30
$350,000 $345,000
20
$340,000
10
$335,000 $330,000
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Bourne Home to the first trading center in America, the Aptucxet Trading Post, Bourne straddles the Cape Cod Canal and is considered the gateway to Cape Cod. Positioned as it is, Bourne provides an ideal spot for anyone who needs to commute to Boston, but also enjoys the relaxed lifestyle of Cape Cod. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-25%
-5%
-
-28%
-10%
-36%
2019
$362,968
$350,750
96%
67
28
78
2018
$481,998
$370,000
95%
93
31
121
2017
$445,900
$343,500
95%
122
50
151
2016
$489,623
$366,500
95%
47
39
132
11
/ Bourne / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $500,000
140
$450,000
120
$400,000
100
$350,000 $300,000
80
$250,000 60
$200,000 $150,000
40
$100,000
20
$50,000 $-
0
2016
2017
2018
Median Selling Price
2019
Total Units Sold
About
Falmouth Falmouth, one of Cape Cod’s oldest resort communities, is accented by wonderful restaurants and shopping along Main Street and a vibrant art and cultural center. Located just across the Sound from Martha’s Vineyard, it is easy to catch a ferry to the island for a day trip. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
8%
14%
-
-17%
7%
5%
2019
$662,866
$472,000
96%
198
96
102
2018
$615,644
$415,000
94%
238
90
97
2017
$474,129
$392,000
96%
257
120
125
2016
$473,716
$349,500
91%
110
92
156
Cape Cod Q1 Market Update / Falmouth / 12
at a glance {Q1 | 2019}
falmouth
96 7 Units Sold
%
Change in Units Sold {2019 v 2018}
472k 14 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q1 | 2019}
mashpee
48 -14 Units Sold
%
Change in Units Sold {2019 v 2018}
411k -2 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
70
$400,000
60
$350,000 50
$300,000 $250,000
40
$200,000
30
$150,000
20
$100,000 10
$50,000 $-
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Mashpee Purchased in 1660 to be set aside for Native Americans, Mashpee Plantation was the first reservation in the United States and still has a strong Wampanoag culture and history. Mashpee includes the villages of New Seabury and Popponesset. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
15%
-2%
-
-23%
-14%
16%
2019
$586,281
$410,500
94%
156
48
142
2018
$508,324
$419,623
96%
202
56
122
2017
$590,073
$400,245
94%
220
58
140
2016
$440,570
$324,750
96%
71
40
192
15
/ Mashpee / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $390,000
90
$380,000
80 70
$370,000
60
$360,000
50
$350,000
40
$340,000
30
$330,000
20
$320,000
10
$310,000
0
2016
2017
2018
Median Selling Price
2019
Total Units Sold
About
Sandwich The oldest town on Cape Cod, Sandwich reflects its colonial heritage to this day. Within the village, many historic homes have been restored and repurposed as quaint B&Bs, restaurants or shops. There is also a wealth of historic sites, museums, beautiful nature trails and north-side beaches. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-1%
4%
-
-1%
21%
-35%
2019
$426,302
$385,000
96%
135
57
79
2018
$431,228
$370,000
96%
136
47
122
2017
$388,401
$359,000
96%
1449
71
113
2016
$392,909
$341,500
96%
67
82
154
Cape Cod Q1 Market Update / Sandwich / 16
at a glance {Q1 | 2019}
sandwich
57 21 Units Sold
%
Change in Units Sold {2019 v 2018}
385k 4 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
Market Snapshot Mid Cape
Q1
Active by Price - Mid Cape
Units by area - Market Snapshot400 350 300
Dennis
250
Barnstable
200 150 100
Yarmouth
50
Total Units Sold 140 100 68
Dennis
Dennis
Yarmouth
Yarmouth
Barnstable
Barnstable
0
Active Inventory by Price Point & Area
Barnstable
Under $250k
Yarmouth
$250-$500k
Dennis
$500k - $1m $1 - $2m $2m+
mid cape
Barnstable Yarmouth Dennis
Mid Cape - Median
Sold Volume by Price point - Market Snapshot $410,000
Below $250k
$2m and Above
$400,000 $390,000 $380,000 $370,000
$1m-$2m
$360,000
$250k-$500k
$350,000 $340,000
$500k-$1m
$330,000 $320,000
Dennis
Yarmouth
Barnstable
$310,000
Below $250K
$250K-$500K
Median Selling Price 381k $ 343k $ 405k $
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 3.6 % 47 % 24.3 % 13 % 12.1 %
Barnstable Yarmouth Dennis
19
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Mid Cape Highlights / Cape Cod Q1 Market Update
at a glance {Q1 | 2019}
barnstable
140 9 Units Sold
%
Change in Units Sold {2019 v 2018}
381k 2 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
200
$400,000
180
$350,000
160 140
$300,000
120
$250,000
100
$200,000
80
$150,000
60
$100,000
40
$50,000
20
$-
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Barnstable The town of Barnstable consists of seven villages and is the largest community both in land area and population on Cape Cod. It is also the center of county institutions as well as the economic and commercial center of the Cape. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-8%
2%
-
-6%
9%
-14%
2019
$564,568
$381,250
93%
334
140
92
2018
$614,555
$374,000
91%
355
129
107
2017
$513,005
$349,500
94%
415
172
152
2016
$541,614
$317,000
91%
173
148
168
21
/ Barnstable / Cape Cod Q1 Market Update
barnstable
Town Highlights Barnstable {Average Selling Price | Over Four Years}
7
$900,000 $800,000
Units Sold
$700,000
106
$600,000 $500,000 $400,000
Average DOM
90
$300,000
%
$200,000 $100,000
List/Sale Ratio
$-
2016
2017
2018
2019
Centerville {Average Selling Price | Over Four Years} $600,000 $500,000 $400,000
35
Units Sold
79
$300,000 $200,000
Average DOM $100,000 $-
2016
2017
2018
2019
93
%
List/Sale Ratio
barnstable town highlights
Cotuit {Average Selling Price | Over Four Years}
10
$800,000 $700,000
Units Sold
$600,000
84
$500,000 $400,000 $300,000
Average DOM
98
$200,000
%
$100,000 $-
2016
2017
2018
2019
List/Sale Ratio
Hyannisport/West Hyannisport {Average Selling Price | Over Four Years} $1,800,000
7
$1,600,000 $1,400,000
Units Sold
$1,200,000
106
$1,000,000 $800,000 $600,000
Average DOM
$400,000
87
%
$200,000 $-
2016
2017
2018
2019
Osterville {Average Selling Price | Over Four Years} $2,000,000
$1,800,000 $1,600,000 $1,400,000
List/Sale Ratio
17
Units Sold
$1,200,000
131
$1,000,000 $800,000 $600,000
Average DOM
$400,000 $200,000 $-
2016
2017
2018
2019
23
91
%
List/Sale Ratio
/ Barnstable Town Highlights / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $400,000
101 100
$350,000
99
$300,000
98
$250,000
97
$200,000
96 95
$150,000
94
$100,000
93
$50,000
92
$-
91
2016
2017
2018
Median Selling Price
2019
Total Units Sold
About
Yarmouth Yarmouth consists of the villages of Yarmouth Port, Bass River, Great Island, South Yarmouth, West Yarmouth and Yarmouth. With shorelines along both the north and the south side of the Cape, each of Yarmouth’s villages has its own distinct character. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-6%
5%
-
0%
1%
-7%
2019
$389,967
$342,750
95%
171
100
89
2018
$415,413
$325,000
97%
171
99
97
2017
$350,287
$289,000
95%
161
99
106
2016
$338,149
$274,200
96%
92
94
133
Cape Cod Q1 Market Update / Yarmouth / 24
at a glance {Q1 | 2019}
yarmouth
100 1 Units Sold
%
Change in Units Sold {2019 v 2018}
343k 5 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q1 | 2019}
dennis
68 10 Units Sold
%
Change in Units Sold {2019 v 2018}
405k 12 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
80
$400,000
70
$350,000
60
$300,000
50
$250,000
40
$200,000
30
$150,000
20
$100,000
10
$50,000 $-
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Dennis Another of Cape Cod’s historic treasures, Dennis offers a bit of everything for everyone. Its southern coastline features one of Cape Cod’s most visited sandy shores, West Dennis Beach, punctuated by cottage colonies and salt-air breezes. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
16%
12%
-
-8%
10%
-3%
2019
$519,745
$405,000
94%
151
68
93
2018
$449,190
$360,500
96%
164
62
96
2017
$471,579
$389,000
95%
138
53
108
2016
$386,135
$288,250
95%
77
60
121
27
/ Dennis / Cape Cod Q1 Market Update
Market Snapshot Q1
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot 160
Eastham
Brewster
140 120 100 80
Chatham
60
Harwich
40 20
Orleans
Total Units Sold 27 65 16 31 24
Eastham
Active Inventory by Price Point & Area
Brewster
Under $250k
Harwich
$250-$500k
Orleans
$500k - $1m
Chatham
$1 - $2m
Eastham
$2m+
Eastham
Chatham
Chatham
Orleans
Orleans
Harwich
Harwich
Brewster
Brewster
0
lower cape
Brewster Harwich Orleans Chatham Eastham Sold Volume by Price point - Market Snapshot
Lower Cape - Median
Below $250k $1,200,000
$2m and Above
$1,000,000
$250k-$500k
$800,000
$600,000
$400,000
$1m-$2m
$500k-$1m
$200,000
Eastham
Chatham
Orleans
Brewster
Harwich
$-
Below $250K
$250K-$500K
Median Selling Price 460k $ 430k $ 625k $ 1m $ 470k
$
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 0.2% 25.6% 27% 22.2% 25.2%
Brewster Harwich Orleans Chatham Eastham
29
Under $250k $250-$500k $500k - $1m $1 - $2m $2+
/ Lower Cape Highlights / Cape Cod Q1 Market Update
at a glance {Q1 | 2019}
brewster
27 0 Units Sold
%
Change in Units Sold {2019 v 2018}
460k -8 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $520,000
35
$500,000
30
$480,000
25
$460,000
20
$440,000 15
$420,000
10
$400,000 $380,000
5
$360,000
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Brewster Known as the “sea captain’s town,” Brewster is located on the north side of Cape Cod. Along Route 6A, the main thoroughfare, one can find remnants of its historic past - from stately sea captain’s homes now converted to B&Bs or private residences. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-3%
-8%
-
17%
0%
-31%
2019
$541,033
$460,000
96%
82
27
89
2018
$557,415
$500,300
97%
70
27
130
2017
$493,048
$422,050
96%
72
33
161
2016
$470,645
$429,950
96%
35
28
142
31
/ Brewster / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $500,000
60
$450,000 50
$400,000 $350,000
40
$300,000 $250,000
30
$200,000 20
$150,000 $100,000
10
$50,000 $-
0
2016
2017
2018
Median Selling Price
2019
Total Units Sold
About
Harwich Harwich is located to the south of Brewster and is home to some of the most beautiful harbors on Cape Cod. There are many deep-water ports to provide shelter from a storm in Harwich. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
8%
-2%
-
15%
25%
14%
2019
$633,633
$430,000
96%
115
55
111
2018
$584,822
$437,000
97%
100
44
98
2017
$440,413
$393,000
95%
129
52
154
2016
$387,731
$330,000
96%
44
42
131
Cape Cod Q1 Market Update / Harwich / 32
at a glance {Q1 | 2019}
harwich
55 25 Units Sold
%
Change in Units Sold {2019 v 2018}
430k -2 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q1 | 2019}
orleans
16 -27 Units Sold
%
Change in Units Sold {2019 v 2018}
625k -7 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $900,000
30
$800,000
25
$700,000 $600,000
20
$500,000
15
$400,000 $300,000
10
$200,000
5
$100,000 $-
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Orleans Orleans is the hub of the Lower Cape, with a large downtown which hosts many fine restaurants, shops and services. From picturesque Rock Harbor on its north side to the peaceful shelter of Town Cove off the Atlantic on the south, Orleans has something for everyone. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-10%
-7%
-
-1%
-27%
12%
2019
$684,088
$624,700
93%
76
16
198
2018
$757,575
$675,000
95%
77
22
177
2017
$851,500
$777,500
93%
77
14
138
2016
$811,342
$741,350
94%
25
24
248
35
/ Orleans / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area
$1,200,000
38 37
$1,000,000
36 35
$800,000
34 $600,000
33 32
$400,000
31 30
$200,000
29 $-
28
2016
2017
2018
Median Selling Price
2019
Total Units Sold
About
Chatham Few places encompass the historic charm of this quaint “fishing village� by the sea. Chatham is home to a picture-perfect Main Street with village shops, world-class inns and wonderful restaurants. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
75%
49%
-
-15%
-16%
145%
2019
$1,514,384
$1,050,000
95%
146
31
369
2018
$866,422
$705,000
94%
172
37
151
2017
$884,223
$615,000
93%
175
33
173
2016
$1,261,771
$772,000
90%
50
31
220
Cape Cod Q1 Market Update / Chatham / 36
at a glance {Q1 | 2019}
chatham
31 -16 Units Sold
%
Change in Units Sold {2019 v 2018}
1.05m 49 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q1 | 2019}
eastham
24 4 Units Sold
%
Change in Units Sold {2019 v 2018}
470k -4 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
30
$500,000
25
$400,000
20
$300,000
15
$200,000
10
$100,000
5
$-
0
2016
2017
2018
2019
Median Selling Price
Total Units Sold
About
Eastham Eastham was home to the site of the first meeting between the Pilgrims and Nauset Indians at First Encounter Beach in 1620 as well as Coast Guard Beach, which has been named one of the top ten beaches in the world. sothebyshomes.com/capecod
Q1
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
0%
-4%
-
9%
4%
32%
2019
$530,058
$469,950
96%
75
24
123
2018
$531,713
$490,000
97%
69
23
94
2017
$575,789
$420,000
95%
84
24
141
2016
$452,658
$405,000
92%
27
19
198
39
/ Eastham / Cape Cod Q1 Market Update
UNRIVALED
GLOBAL PERFORMANCE
$112 BILLION ANOTHER RECORD YEAR IN ANNUAL GLOBAL SALES IN 2018
990 22,500 72 OFFICES
AGENTS
COUNTRIES
1 3 OUT OF
OFFICES IS OUTSIDE OF THE UNITED STATES
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