Q4 | 2019
Cape Cod
Market Update
WOODS HOLE ESTATE
penzanceroad.com Offered at $25,000,000
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 Q4
All Cape Cod
Units by Region
Active Inventory by price points 500 450 400 350
Lower Cape Upper Cape
300 250 200 150 100
Mid Cape
50
Total Units Sold 347 426 253
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+
Q4 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
$
460k $ 373k $ 535k
Lower Cape
Mid Cape
Upper Cape
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 1% 36 % 31 % 15 % 17 %
Upper Cape Mid Cape Lower Cape
5
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Q4 Highlights / Cape Cod Q4 Market Update
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7
/ Cape Cod Featured Properties / Cape Cod Q4 Market Update
Market Snapshot Upper Cape
Q4
Active by Price - Upper Cape Units by area - Market Snapshot
140
120
Bourne
Mashpee
100
80
60
Sandwich Falmouth
40
20
Total Units Sold 53 142 83 69
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
$250k-$500k $1m-$2m
$300,000
$200,000
$100,000
$500k-$1m
Median Selling Price 418k $ 476k $540k $ 412k $
Sandwich
Mashpee
Falmouth
Bourne
$-
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 1% 35 % 35 % 12 % 17 %
Bourne Falmouth Mashpee Sandwich
9
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Upper Cape / Cape Cod Q4 Market Update
at a glance {Q4 | 2019}
bourne
53 61 Units Sold
%
Change in Units Sold {2019 v 2018}
418k 14 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $440,000
120
$420,000
100
$400,000
80
$380,000
60
$360,000
40
$340,000
20
$320,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
10%
14%
-
-51%
61%
22%
2019
$582,679
$417,500
114%
43
53
105
2018
$528,902
$365,000
94%
88
33
86
2017
$445,692
$399,900
92%
77
51
101
2016
$538,750
$432,500
94%
96
104
112
11
/ Bourne / Cape Cod Q4 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $500,000
350
$450,000
300
$400,000
250
$350,000 $300,000
200
$250,000 150
$200,000 $150,000
100
$100,000
50
$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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
5%
2%
-
-50%
-3%
26%
2019
$609,629
$476,000
96%
131
142
102
2018
$580,591
$464,500
95%
260
146
81
2017
$573,423
$422,500
95%
176
128
89
2016
$509,688
$380,000
94%
265
302
121
Cape Cod Q4 Market Update / Falmouth / 12
at a glance {Q4 | 2019}
falmouth
142 -3 Units Sold
%
Change in Units Sold {2019 v 2018}
476k 2 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q4 | 2019}
mashpee
69 -1 Units Sold
%
Change in Units Sold {2019 v 2018}
540k 19 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
160 140
$500,000
120 $400,000
100
$300,000
80 60
$200,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
21%
19%
-
-63%
-1%
-9%
2019
$763,023
$539,900
96%
88
69
116
2018
$628,500
$452,500
94%
238
70
127
2017
$566,865
$456,000
96%
147
76
139
2016
$644,868
$434,500
96%
223
152
115
15
/ Mashpee / Cape Cod Q4 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $420,000
180
$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
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
5%
1%
-
-47%
-16%
13%
2019
$477,172
$412,000
97%
94
83
90
2018
$452,753
$408,000
97%
179
99
80
2017
$447,524
$381,250
96%
121
78
75
2016
$379,017
$350,000
97%
195
158
108
Cape Cod Q4 Market Update / Sandwich / 16
at a glance {Q4 | 2019}
sandwich
83 -16 Units Sold
%
Change in Units Sold {2019 v 2018}
412k 1 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
Market Snapshot Mid Cape
Q4
Active by Price - Mid Cape
Units by area - Market Snapshot 250
200
Dennis
Barnstable
150
100
Yarmouth 50
Total Units Sold 199 124 103
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
$400,000
$2m and Above
$390,000
$380,000
$1m-$2m
$370,000
$250k-$500k
$360,000
$500k-$1m
$350,000
Dennis
Yarmouth
Barnstable
$340,000
Below $250K
$250K-$500K
Median Selling Price 390k $ 358k $ 375k
$
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 2% 47% 23 % 8% 7%
Barnstable Yarmouth Dennis
19
Under $250k $250-$500k $500k - $1m $1 - $2m $2m+
/ Mid Cape Highlights / Cape Cod Q4 Market Update
at a glance {Q4 | 2019}
barnstable
199 6 Units Sold
%
Change in Units Sold {2019 v 2018}
390k 0 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $400,000
600
$390,000
500
$380,000 400
$370,000 $360,000
300
$350,000
200
$340,000 100
$330,000 $320,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-2%
0%
-
-41%
6%
-16%
2019
$572,252
$390,000
95%
237
199
84
2018
$582,125
$390,000
95%
400
187
99
2017
$519,988
$375,000
94%
313
198
110
2016
$499,361
$345,500
94%
426
480
106
21
/ Barnstable / Cape Cod Q4 Market Update
barnstable
Town Highlights Barnstable {Average Selling Price | Over Four Years}
10
$900,000 $800,000
Units Sold
$700,000
129
$600,000 $500,000 $400,000
Average DOM
95
$300,000
%
$200,000 $100,000
List/Sale Ratio
$-
2016
2017
2018
2019
Centerville {Average Selling Price | Over Four Years}
49
$470,000
$460,000 $450,000
Units Sold
$440,000
64
$430,000 $420,000 $410,000
Average DOM
$400,000
97
%
$390,000 $380,000
List/Sale Ratio
$370,000
2016
2017
2018
2019
barnstable town highlights
Cotuit {Average Selling Price | Over Four Years} $900,000
15
$800,000 $700,000
Units Sold
$600,000
63
$500,000 $400,000 $300,000
Average DOM
97
$200,000
%
$100,000 $-
2016
2017
2018
2019
List/Sale Ratio
Hyannisport/West Hyannisport {Average Selling Price | Over Four Years} $1,200,000
3
$1,000,000 $800,000
Units Sold
366
$600,000 $400,000
Average DOM $200,000
85
%
$-
2016
2017
2018
2019
Osterville {Average Selling Price | Over Four Years} $1,400,000
$1,200,000 $1,000,000
List/Sale Ratio
27
Units Sold
140
$800,000 $600,000
Average DOM
$400,000 $200,000 $-
2016
2017
2018
2019
23
91
%
List/Sale Ratio
/ Barnstable Town Highlights / Cape Cod Q4 Market Update
|
Median Selling Price Total Units Sold Units vs Median - Area $370,000
300
$360,000
250
$350,000 $340,000
200
$330,000
150
$320,000 $310,000
100
$300,000
50
$290,000 $280,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
0%
4%
-
-50%
-13%
-3%
2019
$394,737
$358,200
97%
120
124
79
2018
$393,470
$345,000
97%
240
143
81
2017
$408,718
$340,000
95%
134
123
82
2016
$347,287
$310,000
96%
168
264
91
Cape Cod Q4 Market Update / Yarmouth / 24
at a glance {Q4 | 2019}
yarmouth
124 -13 Units Sold
%
Change in Units Sold {2019 v 2018}
358k 4 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q4 | 2019}
dennis
103 16 Units Sold
%
Change in Units Sold {2019 v 2018}
375k 1 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $380,000
300
$375,000 250
$370,000 $365,000
200
$360,000 $355,000
150
$350,000 100
$345,000 $340,000
50
$335,000 $330,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
39%
1%
-
-49%
16%
-15%
2019
$658,141
$375,000
97%
80
103
62
2018
$473,014
$370,000
95%
158
89
73
2017
$458,024
$348,000
94%
105
101
92
2016
$496,305
$350,000
96%
141
248
104
27
/ Dennis / Cape Cod Q4 Market Update
Market Snapshot Q4
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot
140
120
Brewster Eastham
100
80
60
Harwich
Chatham
40
20
Orleans
Total Units Sold 34 79 34 53 53
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 Sold Volume by Price point - Market Snapshot
Lower Cape - Median
Below $250k
$2m and Above
$800,000 $700,000 $600,000
$250k-$500k
$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 448k $ 509k $ 696k $ 727k $ 519k $
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 0% 23% 34% 29% 14%
Brewster Harwich Orleans Chatham Eastham
29
Under $250k $250-$500k $500k - $1m $1 - $2m $2+
/ Lower Cape Highlights / Cape Cod Q4 Market Update
at a glance {Q4 | 2019}
brewster
34 -29 Units Sold
%
Change in Units Sold {2019 v 2018}
448k -5 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $480,000
90 80
$470,000
70 $460,000
60
$450,000
50
$440,000
40 30
$430,000
20 $420,000
10
$410,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
6%
-5%
-
-40%
-29%
9%
2019
$629,696
$448,250
97%
52
34
86
2018
$594,039
$473,000
97%
86
48
79
2017
$526,783
$438,250
97%
55
60
78
2016
$591,729
$443,250
96%
75
80
80
31
/ Brewster / Cape Cod Q4 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
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
1%
20%
-
-36%
1%
30%
2019
$611,085
$509,000
96%
75
79
101
2018
$604,893
$422,500
94%
117
78
77
2017
$552,336
$442,750
96%
71
78
101
2016
$525,079
$410,000
95%
128
194
136
Cape Cod Q4 Market Update / Harwich / 32
at a glance {Q4 | 2019}
harwich
79 1 Units Sold
%
Change in Units Sold {2019 v 2018}
509k 20 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q4 | 2019}
orleans
34 -13 Units Sold
%
Change in Units Sold {2019 v 2018}
696k -8 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $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
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-2%
-8%
-
-7%
-13%
15%
2019
$864,618
$696,450
92%
76
34
120
2018
$877,900
$760,000
97%
82
39
105
2017
$976,343
$849,001
92%
65
25
234
2016
$847,072
$632,500
94%
87
72
174
35
/ Orleans / Cape Cod Q4 Market Update
|
Median Selling UnitsPrice vs MedianTotal - Area Units Sold $820,000
160
$800,000
140
$780,000
120
$760,000
100
$740,000
80
$720,000
60
$700,000
40
$680,000
20
$660,000
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
-34%
-5%
-
-35%
-2%
4%
2019
$1,024,930
$727,000
94%
122
53
192
2018
$1,564,364
$764,500
95%
189
54
185
2017
$1,027,144
$807,500
93%
144
56
170
2016
$1,090,510
$710,000
95%
158
138
199
Cape Cod Q4 Market Update / Chatham / 36
at a glance {Q4 | 2019}
chatham
53 -2 Units Sold
%
Change in Units Sold {2019 v 2018}
727k -5 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
at a glance {Q4 | 2019}
eastham
53 -5 Units Sold
%
Change in Units Sold {2019 v 2018}
519k 8 $
Median Selling Price
%
Change in Median Selling Price {2019 v 2018}
|
Median Selling Price Total Units Sold Units vs Median - Area $600,000
100 90
$500,000
80 70
$400,000
60 $300,000
50 40
$200,000
30 20
$100,000
10 $-
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
Q4
Average Median List/Sale Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2019 v 2018}
Change
19%
8%
-
-31%
-5%
0%
2019
$629,650
$519,000
96%
56
53
99
2018
$530,829
$482,000
96%
81
56
99
2017
$555,818
$469,000
98%
50
44
90
2016
$496,242
$405,000
94%
69
86
110
39
/ Eastham / Cape Cod Q4 Market Update
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