Q2 | 2019
Cape Cod
Market Update
FALMOUTH VILLAGE ESTATE
5settlerspath.com Offered at $2,599,000
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 Q2
Active Inventory by price points
All Cape Cod
800
Units by Region
700 600
Lower Cape
500
Upper Cape
400 300 200
Mid Cape 100
Total Units Sold 435 478 235
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
$600,000
Below $250K $500,000
$2M and Above
$400,000
$250K-$500K
$300,000
$1M-$2M $200,000
$100,000
$500K - $1M
Median Selling Price 433k $ 395k $ 520k $
Lower Cape
Mid Cape
Upper Cape
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 1% 37 % 30 % 16 % 16 %
Upper Cape Mid Cape Lower Cape
5
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Q2 Highlights / Cape Cod Q2 Market Update
CAPE COD
Featured Properties OSTERVILLE
We invite you to explore our exclusive offerings at S OT HE BYSH O MES.COM/ CAP E C O D
995seaview.com Offered at $8,795,000
OSTERVILLE
Offered at $1,150,000 sothebyshomes.com/0404152 SANDWICH
Offered at $949,000 sothebyshomes.com/0404039 MASHPEE
Offered at $799,000 sothebyshomes.com/0841792 FALMOUTH
Offered at $649,000 sothebyshomes.com/0841795 *in order from left to right, top to bottom
sothebyshomes.com/capecod
7
/ Cape Cod Featured Properties / Cape Cod Q2 Market Update
Market Snapshot Upper Cape
Q2
Active by Price - Upper Cape
Units by area - Market Snapshot250 200
Bourne Mashpee
150
100
Sandwich
Falmouth 50
Total Units Sold 59 177 97 102
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
Bourne Falmouth Mashpee Sandwich
Upper Cape - Median
Sold Volume by Price point - Market Snapshot $600,000
Below $250K
$2M and Above $500,000
$400,000
$1M-$2M $300,000
$250K-$500K
$200,000
$500K - $1M $100,000
Median Selling Price 387k $ 445k $ 480k $ 415k $
Sandwich
Mashpee
Falmouth
Bourne
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 2% 42 % 31 % 15 % 10 %
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 | 2019}
bourne
59 -24 Units Sold
%
Change in Units Sold {2019 v 2018}
387k 8 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
| Units vs Median - Area
Median Selling Price Total Units Sold $400,000
100
$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
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
15%
8%
-
0%
-24%
6%
2019
$514,738
$387,000
95%
81
59
65
2018
$446,031
$357,500
94%
81
78
61
2017
$440,621
$367,000
97%
107
88
103
2016
$449,837
$340,000
94%
129
69
113
11
/ Bourne / Cape Cod Q2 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
200
$445,000
195
$440,000
190
$435,000 $430,000
185
$425,000 180
$420,000 $415,000
175
$410,000
170
$405,000 $400,000
165
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-4%
7%
-
0%
-3%
-1%
2019
$548,270
$445,000
96%
210
177
82
2018
$573,410
$415,875
95%
210
182
83
2017
$542,116
$437,000
96%
238
197
96
2016
$533,713
$427,400
94%
276
194
131
Cape Cod Q2 Market Update / Falmouth / 12
at a glance {Q2 | 2019}
falmouth
117 -3 Units Sold
%
Change in Units Sold {2019 v 2018}
445k 7 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q2 | 2019}
mashpee
97 -32 Units Sold
%
Change in Units Sold {2019 v 2018}
480k 15 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
180 160
$500,000
140
$400,000
120 100
$300,000
80
$200,000
60 40
$100,000
20
$-
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
30%
15%
-
-2%
-32%
-2%
2019
$675,805
$480,000
96%
167
97
102
2018
$518,816
$416,250
97%
170
142
104
2017
$473,501
$382,500
96%
232
155
109
2016
$574,400
$420,000
96%
238
91
142
15
/ Mashpee / Cape Cod Q2 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $420,000
160 140
$400,000
120 $380,000
100
$360,000
80 60
$340,000
40 $320,000
20
$300,000
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
11%
4%
-
0%
-3%
4%
2019
$499,819
$414,638
96%
165
102
92
2018
$449,346
$399,000
97%
165
105
88
2017
$428,070
$355,000
97%
177
119
104
2016
$400,851
$350,000
96%
167
138
133
Cape Cod Q2 Market Update / Sandwich / 16
at a glance {Q2 | 2019}
sandwich
102 -3 Units Sold
%
Change in Units Sold {2019 v 2018}
415k 4 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
Market Snapshot Q2
Mid Cape
Active by Price - Mid Cape
Units by area - Market Snapshot400 350 300
Dennis
250 200
Barnstable Yarmouth
150 100 50
Total Units Sold 244 128 106
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
$430,000
$2M and Above
$420,000 $410,000 $400,000 $390,000
$250K-$500K
$380,000 $370,000
$1M-$2M
$360,000 $350,000 $340,000
$500K - $1M
$330,000
Dennis
Yarmouth
Barnstable
$320,000
Below $250K
$250K-$500K
Median Selling Price 416k $ 355k $ 416k $
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 2% 39 % 23 % 17 % 19 %
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 | 2019}
barnstable
224 3 Units Sold
%
Change in Units Sold {2019 v 2018}
415k 2 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
260
$400,000
255
$350,000 250
$300,000 $250,000
245
$200,000
240
$150,000
235
$100,000 230
$50,000 $-
225
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
13%
9%
-
0%
3%
8%
2019
$653,904
$414,500
94%
353
244
99
2018
$580,638
$381,000
94%
353
237
92
2017
$514,215
$355,000
94%
413
255
118
2016
$463,966
$330,000
95%
459
256
111
21
/ Barnstable / Cape Cod Q2 Market Update
barnstable
Town Highlights Barnstable {Average Selling Price | Over Four Years}
9
1,600,000 1,400,000
Units Sold
81
1,200,000 1,000,000 800,000
Average DOM
93
600,000
%
400,000 200,000
List/Sale Ratio
-
2016
2017
2018
2019
Centerville {Average Selling Price | Over Four Years}
63
470,000 460,000
Units Sold
450,000
63
440,000 430,000 420,000
Average DOM
410,000
97
400,000
%
390,000 380,000
List/Sale Ratio
370,000
2016
2017
2018
2019
barnstable town highlights
Cotuit {Average Selling Price | Over Four Years}
31
900,000 800,000
Units Sold
700,000
101
600,000 500,000 400,000
Average DOM
300,000
95
200,000
%
100,000 -
2016
2017
2018
2019
List/Sale Ratio
Hyannisport/West Hyannisport {Average Selling Price | Over Four Years}
5
3,000,000
2,500,000
Units Sold
163
2,000,000
1,500,000
Average DOM
1,000,000
500,000
90
%
-
2016
2017
2018
2019
Osterville {Average Selling Price | Over Four Years} 1,600,000 1,400,000
List/Sale Ratio
33
Units Sold
1,200,000
224
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 Q2 Market Update
|
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
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
20%
5%
-
-1%
-20%
42%
2019
$447,587
$355,000
97%
194
128
105
2018
$372,693
$337,000
98%
195
161
74
2017
$339,373
$307,500
97%
215
161
80
2016
$309,817
$280,000
97%
182
166
93
Cape Cod Q2 Market Update / Yarmouth / 24
at a glance {Q2 | 2019}
yarmouth
128 -20 Units Sold
%
Change in Units Sold {2019 v 2018}
355k 5 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q2 | 2019}
dennis
106 -20 Units Sold
%
Change in Units Sold {2019 v 2018}
416k 24 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
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
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
54%
24%
-
0%
-20%
28%
2019
$598,649
$416,000
95%
140
106
90
2018
$389,712
$336,250
97%
140
132
71
2017
$434,942
$330,000
95%
174
157
101
2016
$442,443
$342,000
96%
166
125
112
27
/ Dennis / Cape Cod Q2 Market Update
Market Snapshot Q2
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot 160 140
Eastham
Brewster
120 100 80
Chatham 60
Harwich
40 20
Orleans
Total Units Sold 46 73 29 49 38
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
$900,000 $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 498k $ 440k $ 730k $ 830k $ 459k $
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 0% 26% 40% 17% 17%
Brewster Harwich Orleans Chatham Eastham
29
Under $250k $250-$500k $500k - $1m $1 - $2m $2+
/ Lower Cape Highlights / Cape Cod Q2 Market Update
at a glance {Q2 | 2019}
brewster
46 -36 Units Sold
%
Change in Units Sold {2019 v 2018}
498k 22 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
80 70
$500,000
60 $400,000
50
$300,000
40 30
$200,000
20 $100,000
10
$-
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
14%
22%
-
0%
-36%
30%
2019
$547,978
$497,500
96%
85
46
111
2018
$480,023
$407,250
97%
85
72
85
2017
$467,185
$390,500
97%
78
76
92
2016
$524,667
$394,500
97%
92
50
140
31
/ Brewster / Cape Cod Q2 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $450,000
120
$440,000 100
$430,000 $420,000
80
$410,000 $400,000
60
$390,000 40
$380,000 $370,000
20
$360,000 $350,000
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
9%
1%
-
0%
-28%
-14%
2019
$519,752
$440,000
97%
98
73
89
2018
$474,942
$435,000
98%
98
102
104
2017
$480,204
$415,000
96%
128
92
113
2016
$538,167
$380,000
91%
140
79
136
Cape Cod Q2 Market Update / Harwich / 32
at a glance {Q2 | 2019}
harwich
73 -28 Units Sold
%
Change in Units Sold {2019 v 2018}
440k 1 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q2 | 2019}
orleans
29 -33 Units Sold
%
Change in Units Sold {2019 v 2018}
730k 42 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $800,000
60
$700,000
50
$600,000 40
$500,000 $400,000
30
$300,000
20
$200,000 10
$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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
45%
42%
-
0%
-33%
-18%
2019
$1,023,828
$730,000
95%
85
29
135
2018
$704,623
$515,000
95%
85
43
166
2017
$576,244
$445,000
96%
100
48
130
2016
$662,640
$572,500
96%
88
45
213
35
/ Orleans / Cape Cod Q2 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $900,000
80
$800,000
70
$700,000
60
$600,000
50
$500,000
40
$400,000
30
$300,000
20
$200,000
10
$100,000 $-
0
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
6%
11%
-
-1%
-31%
-22%
2019
$1,061,853
$830,000
97%
144
49
152
2018
$1,005,373
$750,000
95%
145
71
196
2017
$877,811
$617,000
95%
176
62
235
2016
$1,004,451
$715,000
92%
201
57
185
Cape Cod Q2 Market Update / Chatham / 36
at a glance {Q2 | 2019}
chatham
49 -31 Units Sold
%
Change in Units Sold {2019 v 2018}
830k 11 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q2 | 2019}
eastham
38 -5 Units Sold
%
Change in Units Sold {2019 v 2018}
459k 1 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
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
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
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-10%
1%
-
0%
-5%
-16%
2019
$516,314
$458,500
98%
81
38
91
2018
$575,633
$454,250
95%
81
40
108
2017
$504,437
$475,000
95%
68
45
130
2016
$426,299
$368,875
95%
73
36
135
39
/ Eastham / Cape Cod Q2 Market Update
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