Q2 | 2018
Cape Cod
Market Update
ULTIMATE CAPE COD BEACH HOUSE
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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 Q2
Active Inventory by price points
All Cape Cod
800
Units by Region 700 600 500
Lower Cape Upper Cape
400 300 200
Mid Cape
100
Total Units Sold 507 530 328
Lower Cape
Lower Cape
Mid Cape
Mid Cape
Upper Cape
Upper Cape
-
Active Inventory by Price Point & Area
Upper Cape
Under $250k
Mid Cape
$250-$500k
Lower Cape
$500k - $1M $1 - $2M $2M+
Q2 Highlights
Median by Region
All Cape Cod
Sales volume by price points
$500,000
Below $250K
$450,000 $400,000
$2M and Above
$350,000 $300,000
$1M-$2M
$250,000
$250K-$500K
$200,000 $150,000
$500K - $1M
$100,000 $50,000
Median Selling Price 400k $ 360k $ 467k
$
Lower Cape
Mid Cape
Upper Cape
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 4% 41 % 29 % 13 % 13 %
Upper Cape Mid Cape Lower Cape
5
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Q2 Highlights / Cape Cod Q2 Market Update
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/ Cape Cod Featured Properties / Cape Cod Q2 Market Update
Market Snapshot Q2
Active by Price - Upper Cape
Upper Cape
250
Units by area - Market Snapshot
200
Bourne Mashpee
150
100
Falmouth 50
Sandwich
Total Units Sold 78 182 105 142
Mashpee
Mashpee
Sandwich
Sandwich
Falmouth
Falmouth
Bourne
Bourne
0
Active Inventory by Price Point & Area
Bourne
Under $250k
Falmouth
$250-$500k
Mashpee
$500k - $1M
Sandwich
$1 - $2M $2M+
upper cape
Upper Cape - Median
Bourne Falmouth Mashpee Sandwich Sold Volume by Price point - Market Snapshot
$430,000 $420,000
Below $250K
$2M and Above
$410,000 $400,000 $390,000
$1M-$2M
$380,000 $370,000
$250K-$500K
$360,000
$500K - $1M
$350,000 $340,000 $330,000
Median Selling Price 358k $ 416k $ 416k $ 399k $
Sandwich
Mashpee
Falmouth
Bourne
$320,000 Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 5% 42 % 31 % 10 % 12 %
Bourne Falmouth Mashpee Sandwich
9
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Upper Cape / Cape Cod Q2 Market Update
at a glance {Q2 | 2018}
bourne
-3
%
Change in Median Selling Price {2018 v 2017}
-11
%
Change in Units Sold {2018 v 2017}
78 Units Sold
358k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $370,000
100 90
$360,000
80 70
$350,000
60 $340,000
50 40
$330,000
30 20
$320,000
10 $310,000
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
1%
-3%
-
-11%
-40%
2018
$446,031
$357,500
95%
81
78
61
2017
$440,621
$367,000
98%
107
88
103
2016
$449,837
$340,000
95%
129
69
113
2015
$362,739
$330,000
97%
151
57
138
11
/ Bourne / Cape Cod Q2 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area
$450,000
200
$440,000
195
$430,000
190
$420,000
185
$410,000
180
$400,000
175
$390,000
170
$380,000 $370,000
165
$360,000
160
$350,000
155
$340,000
150
2015
2016
2017
Median Selling Price
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
6%
-5%
-
2018
$573,410
$415,875
97%
2017
$542,116
$437,000
2016
$533,713
2015
$460,559
Cape Cod Q2 Market Update / Falmouth / 12
-8%
-14%
210
182
83
99%
238
197
96
$427,400
98%
276
194
131
$377,000
97%
373
167
136
at a glance {Q2 | 2018}
falmouth
-5
%
Change in Median Selling Price {2018 v 2017}
-8
%
Change in Units Sold {2018 v 2017}
182 Units Sold
416k
$
Median Selling Price
at a glance {Q2 | 2018}
mashpee
9
%
Change in Median Selling Price {2018 v 2017}
-8
%
Change in Units Sold {2018 v 2017}
142 Units Sold
416k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
180
$400,000
160
$350,000
140
$300,000
120
$250,000
100
$200,000
80
$150,000
60
$100,000
40
$50,000
20
$-
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
10%
9%
-
-8%
-5%
2018
$518,816
$416,250
97%
170
142
104
2017
$473,501
$382,500
98%
232
155
109
2016
$574,400
$420,000
99%
238
91
142
2015
$563,906
$349,700
100%
237
77
149
15
/ Mashpee / Cape Cod Q2 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $410,000
160
$400,000
140
$390,000
120
$380,000 $370,000
100
$360,000
80
$350,000
60
$340,000
40
$330,000 $320,000
20
$310,000
0
2015
2016
2017
Median Selling Price
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
5%
12%
-
2018
$449,346
$399,000
97%
2017
$428,070
$355,000
2016
$400,851
2015
$420,615
Cape Cod Q2 Market Update / Sandwich / 16
-12%
-16%
165
105
88
96%
177
119
104
$350,000
97%
167
138
133
$345,000
99%
244
87
123
at a glance {Q2 | 2018}
sandwich
12
%
Change in Median Selling Price {2018 v 2017}
-12
%
Change in Units Sold {2018 v 2017}
105 Units Sold
399k
$
Median Selling Price
Market Snapshot Mid Cape
Units by area - Market Snapshot
Active by Price - Mid Cape
400 350 300
Dennis
250
Barnstable
200 150 100
Yarmouth 50
Total Units Sold 237 161 132
Dennis
Dennis
Yarmouth
Barnstable
Barnstable
Yarmouth
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
$390,000 $380,000 $370,000 $360,000
$1M-$2M
$350,000
$250K-$500K
$340,000
$500K - $1M
$330,000 $320,000
Dennis
Yarmouth
Barnstable
$310,000
Below $250K
$250K-$500K
Median Selling Price 381k $ 337k $ 336k $
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 6% 47 % 22 % 12 % 13 %
Barnstable Yarmouth Dennis
19
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Mid Cape Highlights / Cape Cod Q2 Market Update
at a glance {Q2 | 2018}
barnstable
7
%
Change in Median Selling Price {2018 v 2017}
-7
%
Change in Units Sold {2018 v 2017}
237 Units Sold
381k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $390,000
300
$380,000
250
$370,000 $360,000
200
$350,000
150
$340,000 $330,000
100
$320,000
50
$310,000 $300,000
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
13%
7%
-
-7%
-22%
2018
$580,638
$381,000
98%
353
237
92
2017
$514,215
$355,000
97%
413
255
118
2016
$463,966
$330,000
97%
459
256
111
2015
$503,753
$329,950
97%
530
194
133
21
/ Barnstable / Cape Cod Q2 Market Update
barnstable
Town Highlights Barnstable {Median Selling Price | Over Four Years}
17
$600,000 $500,000
Units Sold
$400,000
104
$300,000 $200,000
Average DOM
$100,000 $-
2015
2016
2017
2018
Centerville {Median Selling Price | Over Four Years} $400,000 $350,000 $300,000
-9.1
%
Discount Ratio
64
Units Sold
77
$250,000 $200,000 $150,000
Average DOM
$100,000 $50,000 $-
2015
2016
2017
2018
-1.6
%
Discount Ratio
barnstable town highlights
Cotuit {Median Selling Price | Over Four Years}
18
$600,000 $500,000
Units Sold
$400,000
87
$300,000 $200,000
Average DOM
$100,000 $-
2015
2016
2017
2018
-3.9
%
Discount Ratio
Hyannisport/West Hyannisport {Median Selling Price | Over Four Years}
7
$3,000,000 $2,500,000
Units Sold
$2,000,000
106
$1,500,000 $1,000,000
Average DOM
$500,000 $-
2015
2016
2017
2018
Osterville {Median Selling Price | Over Four Years}
-6.2
%
Discount Ratio
42
$600,000 $500,000
Units Sold
$400,000
130
$300,000 $200,000
Average DOM
$100,000
-4.5
%
$-
2015
2016
2017
2018 23
Discount Ratio
/ Barnstable Town Highlights / Cape Cod Q2 Market Update
|
Median Selling Units Price vs MedianTotal - Area Units Sold $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
2015
2016
2017
Median Selling Price
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
10%
10%
-
2018
$372,693
$337,000
96%
2017
$339,373
$307,500
2016
$309,817
2015
$355,578
Cape Cod Q2 Market Update / Yarmouth / 24
0%
-8%
195
161
74
99%
215
161
80
$280,000
97%
182
166
93
$290,000
95%
256
134
119
at a glance {Q2 | 2018}
yarmouth
10
%
Change in Median Selling Price {2018 v 2017}
0
%
Change in Units Sold {2018 v 2017}
161 Units Sold
337k
$
Median Selling Price
at a glance {Q2 | 2018}
dennis
2
%
Change in Median Selling Price {2018 v 2017}
-16
%
Change in Units Sold {2018 v 2017}
132 Units Sold
336k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $355,000
180 160
$350,000
140 $345,000
120
$340,000
100
$335,000
80 60
$330,000
40 $325,000
20
$320,000
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
-10%
2%
-
-16%
-30%
2018
$389,712
$336,250
96%
140
132
71
2017
$434,942
$330,000
97%
174
157
101
2016
$442,443
$342,000
95%
166
125
112
2015
$455,703
$349,000
98%
234
88
121
27
/ Dennis / Cape Cod Q2 Market Update
Market Snapshot Q2
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot160 140
Eastham
120
Brewster 100 80
Chatham
60
Harwich Orleans
40 20
Total Units Sold 72 102 43 71 40
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 $600,000
$250K-$500K
$500,000
$1M-$2M
$400,000 $300,000 $200,000 $100,000
$500K - $1M Eastham
Chatham
Orleans
Brewster
Harwich
$-
Below $250K
$250K-$500K
Median Selling Price 407k $ 435k $ 515k $ 750k $ 454k
$
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 3% 30 % 35 % 19 % 15%
Brewster Harwich Orleans Chatham Eastham
29
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Lower Cape Highlights / Cape Cod Q2 Market Update
at a glance {Q2 | 2018}
brewster
4
%
Change in Median Selling Price {2018 v 2017}
-5
%
Change in Units Sold {2018 v 2017}
72 Units Sold
407k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $415,000
80
$410,000
70
$405,000
60
$400,000
50
$395,000
40
$390,000
30
$385,000
20
$380,000
10
$375,000
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
3%
4%
-
-5%
-7%
2018
$480,023
$407,250
97%
85
72
85
2017
$467,185
$390,500
98%
78
76
92
2016
$524,667
$394,500
99%
92
50
140
2015
$492,770
$411,000
99%
109
46
94
31
/ Brewster / Cape Cod Q2 Market Update
|
Units vs Median - Area
Median Selling Price Total Units Sold $440,000
120
$430,000 100
$420,000 $410,000
80
$400,000 $390,000
60
$380,000 40
$370,000 $360,000
20
$350,000 $340,000
0
2015
2016
2017
Median Selling Price
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
-1%
5%
-
2018
$474,942
$435,000
99%
2017
$480,204
$415,000
2016
$538,167
2015
$432,379
Cape Cod Q2 Market Update / Harwich / 32
11%
-8%
98
102
104
97%
128
92
113
$380,000
96%
140
79
136
$375,000
97%
173
87
183
at a glance {Q2 | 2018}
harwich
5
%
Change in Median Selling Price {2018 v 2017}
11
%
Change in Units Sold {2018 v 2017}
102 Units Sold
435k
$
Median Selling Price
at a glance {Q2 | 2018}
orleans
16
%
Change in Median Selling Price {2018 v 2017}
-10
%
Change in Units Sold {2018 v 2017}
43 Units Sold
515k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $700,000
60
$600,000
50
$500,000
40
$400,000 30 $300,000 20
$200,000
10
$100,000 $-
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
22%
16%
-
-10%
28%
2018
$704,623
$515,000
95%
85
43
166
2017
$576,244
$445,000
98%
100
48
130
2016
$662,640
$572,500
96%
88
45
213
2015
$813,350
$660,000
98%
111
31
174
35
/ Orleans / Cape Cod Q2 Market Update
|
Units Price vs MedianTotal - Area Units Sold Median Selling $800,000
80
$700,000
70
$600,000
60
$500,000
50
$400,000
40
$300,000
30
$200,000
20
$100,000
10
$-
0
2015
2016
2017
Median Selling Price
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
15%
22%
-
2018
$1,005,373
$750,000
98%
2017
$877,811
$617,000
2016
$1,004,451
2015
$907,509
Cape Cod Q2Market Update / Chatham / 36
15%
-17%
145
71
196
96%
176
62
235
$715,000
95%
201
57
185
$710,000
95%
191
47
128
at a glance {Q2 | 2018}
chatham
22
%
Change in Median Selling Price {2018 v 2017}
15
%
Change in Units Sold {2018 v 2017}
71 Units Sold
750k
$
Median Selling Price
at a glance {Q2 | 2018}
eastham
-4
%
Change in Median Selling Price {2018 v 2017}
-11
%
Change in Units Sold {2018 v 2017}
40 Units Sold
454k
$
Median Selling Price
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
50 45
$500,000
40 35
$400,000
30 $300,000
25 20
$200,000
15 10
$100,000
5 $-
0
2015
2016
2017
2018
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2018 v 2017}
Change
14%
-4%
-
-11%
-16%
2018
$575,633
$454,250
101%
81
40
108
2017
$504,437
$475,000
97%
68
45
130
2016
$426,299
$368,875
98%
73
36
135
2015
$443,549
$400,000
94%
102
44
150
39
/ Eastham / Cape Cod Q2 Market Update
UPCOMING AUCTIONS MONTEREY 24-25 AUGUST AUBURN FALL 30 AUGUST-2 SEPTEMBER HERSHEY 11-12 OCTOBER THE PORSCHE 70TH ANNIVERSARY SALE 27 OCTOBER LOS ANGELES 8 DECEMBER
1956 Maserati A6G/2000 Berlinetta Coachwork by Zagato Chassis no. 2124
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