Q1 | 2020
Cape Cod
Market Update
CHAPOQUOIT ISLAND WATERFRONT
26associatesroad.com Offered at $6,675,000
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
All Cape Cod
Active Inventory by price points
Units by Region 500 450 400
Lower Cape
350
Upper Cape
300 250 200 150 100
Mid Cape
50
Total Units Sold 241 315 176
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
$500,000
$2m and Above
$400,000
$1m-$2m
$250k-$500k
$300,000
$200,000
$100,000
$500k-$1m
Median Selling Price 405k $ 353k $ 536k
$
Lower Cape
Mid Cape
Upper Cape
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 3% 36 % 32 % 15 % 14 %
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 FALMOUTH
We invite you to explore our exclusive offerings at S OT HE BYSH O MES.COM/ CAP E C O D
103racingbeachave.com Offered at $4,595,000
OSTERVILLE
Offered at $2,950,000 142greatbayroad.com YARMOUTH PORT
Offered at $1,387,000 35route6a.com BARNSTABLE
Offered at $810,000 2701mainstreet.com FALMOUTH
Offered at $689,000 sothebyshomes.com/0841954 *in order from left to right, top to bottom
sothebyshomes.com/capecod
7
/ Cape Cod Featured Properties / Cape Cod Q1 Market Update
Market Snapshot Upper Cape
Q1
Active by Price - Upper Cape Units by area - Market Snapshot
140
120
Bourne 100
Mashpee
80
60
Sandwich
Falmouth
40
20
Total Units Sold 33 99 58 51
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
Sold Volume by Price point - Market Snapshot $2m and Above
$430,000
Below $250k
$420,000 $410,000
$1m-$2m
$400,000 $390,000
$250k-$500k
$380,000 $370,000
$500k-$1m
$360,000 $350,000
Median Selling Price 380k $ 420k $420k $ 369k $
Sandwich
Mashpee
Falmouth
Bourne
$340,000
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 4% 38 % 33 % 16 % 9%
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 | 2020}
bourne
33 -21 Units Sold
%
Change in Units Sold {2020 v 2019}
380k 16 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area $390,000
50
$380,000
45
$370,000
40 35
$360,000
30
$350,000
25
$340,000
20
$330,000
15
$320,000
10
$310,000
5
$300,000
0
2017
2018
2019
2020
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
{2020 v 2019}
Change
29%
16%
-
-23%
-21%
-3%
2020
$481,256
$380,000
95%
47
33
143
2019
$373,936
$327,500
95%
61
42
147
2018
$503,911
$355,000
94%
93
36
160
2017
$433,789
$335,000
97%
122
45
103
11
/ Bourne / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
140
$400,000
120
$350,000 100
$300,000 $250,000
80
$200,000
60
$150,000
40
$100,000 20
$50,000 $-
0
2017
2018
2019
Median Selling Price
2020
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
{2020 v 2019}
Change
31%
15%
-
-25%
-7%
-14%
2020
$627,934
$420,000
94%
132
99
142
2019
$479,875
$364,000
91%
176
107
166
2018
$445,699
$349,500
93%
238
84
125
2017
$500,677
$395,000
95%
257
126
129
Cape Cod Q1 Market Update / Falmouth / 12
at a glance {Q1 | 2020}
falmouth
99 -7 Units Sold
%
Change in Units Sold {2020 v 2019}
420k 15 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q1 | 2020}
mashpee
58 45 Units Sold
%
Change in Units Sold {2020 v 2019}
420k 11 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area 70
$500,000 $450,000
60
$400,000
50
$350,000 $300,000
40
$250,000 30
$200,000 $150,000
20
$100,000
10
$50,000
0
$-
2017
2018
2019
2020
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
{2020 v 2019}
Change
0%
11%
-
-32%
45%
-34%
2020
$512,692
$419,623
96%
113
58
141
2019
$510,295
$379,500
94%
166
40
215
2018
$435,300
$345,000
95%
202
42
164
2017
$682,797
$435,000
92%
220
58
145
15
/ Mashpee / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $380,000
80
$370,000
70
$360,000
60
$350,000
50
$340,000
40
$330,000
30
$320,000
20
$310,000
10
$300,000
0
2017
2018
2019
Median Selling Price
2020
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
{2020 v 2019}
Change
8%
1%
-
3%
-7%
-22%
2020
$426,132
$369,177
96%
111
51
149
2019
$394,715
$365,000
96%
108
55
190
2018
$388,056
$328,000
96%
136
72
122
2017
$398,132
$357,000
97%
1449
68
104
Cape Cod Q1 Market Update / Sandwich / 16
at a glance {Q1 | 2020}
sandwich
51 -7
Units Sold
%
Change in Units Sold {2020 v 2019}
369k 1 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
Market Snapshot Mid Cape
Q1
Units by area - Market Snapshot
Active by Price - Mid Cape
250
Dennis
200
Barnstable
150
100
Yarmouth
50
Total Units Sold 138 107 70
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 Below $250k
$2m and Above
$380,000 $370,000 $360,000 $350,000
$1m-$2m
$340,000
$250k-$500k
$330,000 $320,000
$500k-$1m
$310,000 $300,000
Dennis
Yarmouth
Barnstable
$290,000
Below $250K
$250K-$500K
Median Selling Price 375k $ 320k $ 370k $
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 4% 43% 26% 7% 19%
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 | 2020}
barnstable
138 6 Units Sold
%
Change in Units Sold {2020 v 2019}
375k 21 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area $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
$-
2017
2018
2019
2020
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
{2020 v 2019}
Change
7%
21%
-
-25%
6%
-28%
2020
$623,480
$374,500
91%
223
138
130
2019
$581,411
$308,500
92%
298
130
181
2018
$578,681
$320,600
91%
355
143
176
2017
$442,487
$340,000
95%
415
158
104
21
/ Barnstable / Cape Cod Q1 Market Update
barnstable
Town Highlights Barnstable {Average Selling Price | Over Four Years}
11
$1,000,000 $900,000
Units Sold
$800,000
110
$700,000 $600,000 $500,000
Average DOM
$400,000
96
%
$300,000 $200,000 $100,000
List/Sale Ratio
$-
2017
2018
2019
2020
Centerville {Average Selling Price | Over Four Years} $420,000 $410,000
32
Units Sold
$400,000
115
$390,000 $380,000 $370,000
Average DOM
95
$360,000
%
$350,000 $340,000
List/Sale Ratio
$330,000
2017
2018
2019
2020
barnstable town highlights
Cotuit {Average Selling Price | Over Four Years}
11
$800,000 $700,000
Units Sold
$600,000
188
$500,000 $400,000 $300,000
Average DOM
11
$200,000
%
$100,000 $-
2017
2018
2019
2020
List/Sale Ratio
Hyannisport/West Hyannisport {Average Selling Price | Over Four Years}
5
$1,600,000 $1,400,000
Units Sold
$1,200,000
103
$1,000,000 $800,000 $600,000
Average DOM
$400,000
89
%
$200,000 $-
2017
2018
2019
2020
Osterville {Average Selling Price | Over Four Years} $2,000,000 $1,800,000 $1,600,000
List/Sale Ratio
18
Units Sold
$1,400,000
188
$1,200,000 $1,000,000 $800,000
Average DOM
$600,000 $400,000
84
%
$200,000 $-
2017
2018
2019
2020
23
List/Sale Ratio
/ Barnstable Town Highlights / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $330,000
120
$320,000
100
$310,000 $300,000
80
$290,000
60
$280,000 $270,000
40
$260,000
20
$250,000 $240,000
0
2017
2018
2019
Median Selling Price
2020
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
{2020 v 2019}
Change
13%
17%
-
-8%
32%
-9%
2020
$408,854
$320,000
97%
131
107
128
2019
$361,119
$274,000
95%
143
81
140
2018
$315,391
$271,000
97%
171
87
125
2017
$355,042
$297,000
95%
161
99
100
Cape Cod Q1 Market Update / Yarmouth / 24
at a glance {Q1 | 2020}
yarmouth
107 32 Units Sold
%
Change in Units Sold {2020 v 2019}
320k 17 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q1 | 2020}
dennis
70 49 Units Sold
%
Change in Units Sold {2020 v 2019}
370k 3 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
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
2017
2018
2019
2020
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
{2020 v 2019}
Change
4%
3%
-
-29%
49%
-5%
2020
$452,525
$369,600
96%
85
70
141
2019
$435,715
$360,000
94%
120
47
150
2018
$374,793
$289,000
95%
164
55
120
2017
$493,170
$389,500
94%
138
54
102
27
/ Dennis / Cape Cod Q1 Market Update
Market Snapshot Q1
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot
160 140
Eastham
Brewster
120 100 80
Chatham Harwich
60 40 20
Orleans
Total Units Sold 31 46 27 47 25
Eastham
Eastham
Chatham
Chatham
Orleans
Orleans
Harwich
Harwich
Brewster
Brewster
0
Active Inventory by Price Point & Area
Brewster
Under $250k
Harwich
$250-$500k
Orleans
$500k - $1m
Chatham
$1 - $2m
Eastham
$2m+
lower cape
Brewster Harwich Orleans Chatham Eastham
Lower Cape - Median
Sold Volume by Price point - Market Snapshot Below $250k
$2m and Above
$800,000 $700,000
$250k-$500k
$600,000 $500,000
$1m-$2m
$400,000 $300,000
$500k-$1m
$200,000 $100,000
Eastham
Chatham
Orleans
Brewster
Harwich
$-
Below $250K
$250K-$500K
Median Selling Price 515k $ 437k $ 640k $ 719k $ 490k $
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 1% 23% 38% 25% 14%
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 | 2020}
brewster
31 -14 Units Sold
%
Change in Units Sold {2020 v 2019}
515k 27 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area 40
$600,000
35
$500,000
30 $400,000
25
$300,000
20 15
$200,000
10 $100,000
5
$-
0
2017
2018
2019
2020
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
{2020 v 2019}
Change
14%
27%
-
-21%
-14%
27%
2020
$572,452
$515,000
96%
52
31
170
2019
$504,195
$404,000
94%
66
36
134
2018
$486,791
$440,000
96%
70
29
182
2017
$471,222
$422,050
97%
72
29
108
31
/ Brewster / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area 60
$500,000 $450,000
50
$400,000 $350,000
40
$300,000 30
$250,000 $200,000
20
$150,000 $100,000
10
$50,000 0
$-
2017
2018
2019
Median Selling Price
2020
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
{2020 v 2019}
Change
13%
7%
-
-11%
-10%
-22%
2020
$576,786
$437,000
97%
75
46
108
2019
$510,385
$407,000
95%
84
51
139
2018
$363,736
$330,000
96%
100
39
158
2017
$511,769
$402,500
95%
129
54
138
Cape Cod Q1 Market Update / Harwich / 32
at a glance {Q1 | 2020}
harwich
46 -10 Units Sold
%
Change in Units Sold {2020 v 2019}
437k 7 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q1 | 2020}
orleans
27 -18 Units Sold
%
Change in Units Sold {2020 v 2019}
640k -17 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area 35
$900,000 $800,000
30
$700,000 25
$600,000 $500,000
20
$400,000
15
$300,000
10
$200,000 5
$100,000 $-
0
2017
2018
2019
2020
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
{2020 v 2019}
Change
4%
-17%
-
37%
-18%
12%
2020
$822,931
$640,000
95%
81
27
232
2019
$792,348
$771,500
95%
59
33
208
2018
$662,977
$515,000
94%
77
13
182
2017
$772,356
$674,700
93%
77
18
172
35
/ Orleans / Cape Cod Q1 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $1,000,000
50
$900,000
45
$800,000
40
$700,000
35
$600,000
30
$500,000
25
$400,000
20
$300,000
15
$200,000
10
$100,000
5
$-
0
2017
2018
2019
Median Selling Price
2020
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
{2020 v 2019}
Change
3%
15%
-
0%
24%
4%
2020
$937,389
$719,000
94%
142
47
213
2019
$914,449
$626,750
94%
142
38
204
2018
$1,094,774
$680,000
90%
172
27
164
2017
$1,100,008
$880,000
95%
175
43
328
Cape Cod Q1 Market Update / Chatham / 36
at a glance {Q1 | 2020}
chatham
47 24 Units Sold
%
Change in Units Sold {2020 v 2019}
719k 15 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q1 | 2020}
eastham
25 4 Units Sold
%
Change in Units Sold {2020 v 2019}
490k 26 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
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
2017
2018
2019
2020
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
{2020 v 2019}
Change
-3%
26%
-
-4%
4%
-48%
2020
$525,096
$490,000
97%
55
25
116
2019
$539,979
$387,500
92%
57
24
221
2018
$400,124
$405,000
95%
69
17
147
2017
$575,413
$420,000
95%
84
25
154
39
/ Eastham / Cape Cod Q1 Market Update
Thank You.
Healthcare Professionals First Responders Sanitation Teams Grocery Store Clerks Delivery Carriers Restaurant Workers Caregivers Utility Workers Waste Collectors Warehouse Workers Generious Neighbors Heroes and Helpers And so many more
In good times and bad, always committed.
Sotheby’s International Realty® is a registered trademark. Operated by Sotheby’s International Realty, Inc.