Q2 | 2020
Cape Cod
Market Update
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Offered at $5,600,000
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
sothebysrealty.com
Market Snapshot Q2
All Cape Cod
Active Inventory by price points Units by Region 600
500
400
Lower Cape
Upper Cape 300
200
100
Mid Cape
Total Units Sold 307 331 229
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 $1M-$2M
$300,000
$200,000
$100,000
$500K - $1M
Median Selling Price 455k $ 380k $ 570k $
Lower Cape
Mid Cape
Upper Cape
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 1% 33 % 35 % 16 % 15 %
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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7
/ Cape Cod Featured Properties / Cape Cod Q2 Market Update
Market Snapshot Upper Cape
Q2
Units by area - Market Snapshot
Active by Price - Upper Cape 160
140
Bourne
120
Mashpee 100
80
60
Falmouth
Sandwich
40
20
Total Units Sold 40 118 68 81
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 $250K-$500K
$300,000
$200,000
$500K - $1M $100,000
Median Selling Price 408k $ 529k $447k $ 434k
$
Sandwich
Mashpee
Falmouth
Bourne
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 1% 34% 42% 15% 8%
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 | 2020}
bourne
40 -32 Units Sold
%
Change in Units Sold {2020 v 2019}
409k 6 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area
$420,000
100
$410,000
90
$400,000
80 70
$390,000
60
$380,000
50
$370,000
40
$360,000
30
$350,000
20
$340,000
10
$330,000
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
-3%
6%
-
-40%
-32%
28%
2020
$501,180
$408,500
98%
49
40
83
2019
$514,738
$387,000
99%
81
59
65
2018
$446,031
$357,500
95%
81
78
61
2017
$440,621
$367,000
98%
107
88
103
11
/ Bourne / Cape Cod Q2 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
250
$500,000
200
$400,000 150 $300,000 100 $200,000 50
$100,000 $-
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
17%
19%
-
-33%
-33%
4%
2020
$639,451
$529,000
97%
140
118
85
2019
$548,270
$445,000
99%
210
177
82
2018
$573,410
$415,875
97%
210
182
83
2017
$542,116
$437,000
99%
238
197
96
Cape Cod Q2 Market Update / Falmouth / 12
at a glance {Q2 | 2020}
falmouth
118 -13 Units Sold
%
Change in Units Sold {2020 v 2019}
529k 17 $
Median Selling Price
%
Change in Average Selling Price {2020 v 2019}
at a glance {Q2 | 2020}
mashpee
68 -30 Units Sold
%
Change in Units Sold {2020 v 2019}
448k -7 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
180 160
$500,000
140 120
$400,000
100
$300,000
80
$200,000
60 40
$100,000
20
$-
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
-15%
-7%
-
-26%
-30%
-9%
2020
$574,368
$447,500
95%
124
68
93
2019
$675,805
$480,000
96%
167
97
102
2018
$518,816
$416,250
97%
170
142
104
2017
$473,501
$382,500
98%
232
155
109
15
/ Mashpee / Cape Cod Q2 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
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
10%
5%
-
-29%
-21%
-26%
2020
$548,843
$434,500
97%
117
81
68
2019
$499,819
$414,638
98%
165
102
92
2018
$449,346
$399,000
97%
165
105
88
2017
$428,070
$355,000
96%
177
119
104
Cape Cod Q2 Market Update / Sandwich / 16
at a glance {Q2 | 2020}
sandwich
81 -21 Units Sold
%
Change in Units Sold {2020 v 2019}
435k 5 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
Market Snapshot Q2
Mid Cape
Units by area - Market Snapshot
Active by Price - Mid Cape
300
250
Dennis 200
Barnstable 150
100
Yarmouth 50
Total Units Sold 141 114 76
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
$450,000 $400,000 $350,000 $300,000
$1M-$2M
$250,000
$250K-$500K
$200,000 $150,000
$500K - $1M
$100,000 $50,000
Dennis
Yarmouth
Barnstable
$-
Below $250K
$250K-$500K
Median Selling Price 420k $ 351k $ 382k
$
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 2% 47% 25% 13% 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 | 2020}
barnstable
141 -42 Units Sold
%
Change in Units Sold {2020 v 2019}
425k 3 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area $440,000
300
$420,000
250
$400,000
200
$380,000
150
$360,000
100
$340,000
50
$320,000
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
-5%
3%
-
-27%
-42%
-36%
2020
$621,928
$425,000
99%
256
141
64
2019
$653,904
$414,500
97%
353
244
99
2018
$580,638
$381,000
98%
353
237
92
2017
$514,215
$355,000
97%
413
255
118
21
/ Barnstable / Cape Cod Q2 Market Update
barnstable
Town Highlights Barnstable {Median Selling Price | Over Four Years}
4
$600,000 $500,000
Units Sold
134
$400,000 $300,000
Average DOM
$200,000
97
%
$100,000 $-
2017
2018
2019
2020
Centerville {Median Selling Price | Over Four Years} $400,000
List/Sale Ratio
41
Units Sold
$390,000
55
$380,000 $370,000 $360,000
Average DOM
99
$350,000
%
$340,000 $330,000
2017
2018
2019
2020
List/Sale Ratio
barnstable town highlights
Cotuit {Median Selling Price | Over Four Years }
13
$600,000 $500,000
Units Sold
62
$400,000 $300,000
Average DOM
$200,000
99
%
$100,000 $-
2017
2018
2019
2020
List/Sale Ratio
Hyannisport/West Hyannisport {Median Selling Price | Over Four Years}
5
$3,000,000 $2,500,000
Units Sold
90
$2,000,000 $1,500,000
Average DOM
$1,000,000 $500,000
97
%
$-
2017
2018
2019
2020
Osterville {Median Selling Price | Over Four Years}
List/Sale Ratio
22
$1,200,000 $1,000,000
Units Sold
67
$800,000 $600,000
Average DOM
$400,000 $200,000
93
%
$-
2017
2018
2019
23
2020
List/Sale Ratio
/ Barnstable Town Highlights / Cape Cod Q2 Market Update
| Units vs Median - Area
Median Selling Price Total Units Sold $360,000
180
$350,000
160 140
$340,000
120
$330,000
100
$320,000
80
$310,000
60
$300,000
40
$290,000
20
$280,000
0
2017
2018
2020
2019
Median Selling Price
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
-3%
-1%
-
-29%
-11%
-44%
2020
$436,200
$351,000
98%
138
114
58
2019
$447,587
$355,000
96%
194
128
105
2018
$372,693
$337,000
96%
195
161
74
2017
$339,373
$307,500
99%
215
161
80
Cape Cod Q2 Market Update / Yarmouth / 24
at a glance {Q2 | 2020}
yarmouth
114 -11 Units Sold
%
Change in Units Sold {2020 v 2019}
351k -1 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q2 | 2020}
dennis
76 -28 Units Sold
%
Change in Units Sold {2020 v 2019}
383k -8 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
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
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
-17%
-8%
-
-36%
-28%
-37%
2020
$495,243
$382,500
97%
90
76
57
2019
$598,649
$416,000
98%
140
106
90
2018
$389,712
$336,250
96%
140
132
71
2017
$434,942
$330,000
97%
174
157
101
27
/ Dennis / Cape Cod Q2 Market Update
Market Snapshot Q2
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot
180 160
Eastham
140
Brewster
120 100
Chatham
80 60
Harwich
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
$900,000 $800,000
$250K-$500K
$700,000 $600,000 $500,000 $400,000
$1M-$2M
$300,000
$500K - $1M
$200,000 $100,000
Eastham
Chatham
Orleans
Brewster
Harwich
$-
Below $250K
$250K-$500K
Median Selling Price 480k $ 485k $ 852k $ 677k $ 485k
$
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 0% 19% 37% 21% 23%
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 | 2020}
brewster
49 7 %
Change in Units Sold {2020 v 2019}
480k -4 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
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
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
1%
-4%
-
-32%
7%
-14%
2020
$552,872
$480,000
95%
58
49
95
2019
$547,978
$497,500
100%
85
46
111
2018
$480,023
$407,250
97%
85
72
85
2017
$467,185
$390,500
98%
78
76
92
31
/ Brewster / Cape Cod Q2 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $500,000
120
$480,000
100
$460,000
80
$440,000
60
$420,000
40
$400,000
20
$380,000
0
2017
2018
2019
2020
Median Selling Price
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
35%
10%
-
-19%
-11%
-23%
2020
$699,650
$485,000
99%
79
65
69
2019
$519,752
$440,000
98%
98
73
89
2018
$474,942
$435,000
99%
98
102
104
2017
$480,204
$415,000
97%
128
92
113
Cape Cod Q2 Market Update / Harwich / 32
at a glance {Q2 | 2020}
harwich
65 -11 Units Sold
%
Change in Units Sold {2020 v 2019}
485k 10 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q2 | 2020}
orleans
27 -7 Units Sold
%
Change in Units Sold {2020 v 2019}
852k 17 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area $900,000
60
$800,000
50
$700,000 $600,000
40
$500,000
30
$400,000 $300,000
20
$200,000
10
$100,000 $-
0
2017
2018
2020
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
24%
17%
-
4%
-7%
-32%
2020
$1,274,241
$852,000
95%
88
27
91
2019
$1,023,828
$730,000
96%
85
29
135
2018
$704,623
$515,000
95%
85
43
166
2017
$576,244
$445,000
98%
100
48
130
35
/ Orleans / Cape Cod Q2 Market Update
| Units vs Median - Area
Median Selling Price Total Units Sold $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
2017
2018
2020
2019
Median Selling Price
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
-12%
-18%
-
7%
33%
-35%
2020
$933,148
$677,500
97%
154
65
99
2019
$1,061,853
$830,000
98%
144
49
152
2018
$1,005,373
$750,000
98%
145
71
196
2017
$877,811
$617,000
96%
176
62
235
Cape Cod Q2 Market Update / Chatham / 36
at a glance {Q2 | 2020}
chatham
65 33 Units Sold
%
Change in Units Sold {2020 v 2019}
678k -18 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
at a glance {Q2 | 2020}
eastham
23 -39 Units Sold
%
Change in Units Sold {2020 v 2019}
485k 6 $
Median Selling Price
%
Change in Median Selling Price {2020 v 2019}
|
Median Selling Price Total Units Sold Units vs Median - Area $490,000
50 45
$480,000
40 35
$470,000
30 $460,000
25 20
$450,000
15 10
$440,000
5 $430,000
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. sothebysrealty.com
Q2
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2020 v 2019}
Change
25%
6%
-
-30%
-39%
-20%
2020
$644,630
$485,000
97%
57
23
73
2019
$516,314
$458,500
99%
81
38
91
2018
$575,633
$454,250
101%
81
40
108
2017
$504,437
$475,000
97%
68
45
130
39
/ Eastham / Cape Cod Q2 Market Update
PHOTO BY GIAMMARCO BOSCARO ON UNSPLASH
w i n e i s a n e v e r- e n d i n g j o u r n e y. sothebyswine.com
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