Q4 | 2017
Cape Cod
Market Update
LUXURIOUS CONTEMPORARY CAPE ESTATE
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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 Q4
Active Inventory by price points
All Cape Cod
900
Units by Region
800 700 600
Lower Cape Upper Cape
500 400 300 200
Mid Cape
100
Total Units Sold 1,406 1,671 907
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
$2M and Above
$500,000
Below $250K
$400,000
$1M-$2M $300,000
$250K-$500K
$200,000
$500K - $1M
$100,000
Median Selling Price 399k $ 348k $ 485k
$
Lower Cape
Mid Cape
Upper Cape
$Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 3% 41 % 29 % 25 % 2%
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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/ Cape Cod Featured Properties / Cape Cod Q4 Market Update
Market Snapshot Q4
Active by Price - Upper Cape
Upper Cape
300 Units by area - Market Snapshot
250
Bourne
200
Sandwich 150
Mashpee
Falmouth
100
50
Total Units Sold 217 552 301 336
Sandwich
Mashpee
Falmouth
Sandwich
Mashpee
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
$250K-$500K
$370,000 $360,000
$500K - $1M
$350,000 $340,000
Median Selling Price 375k $ 419k $ 425k $ 365k $
Sandwich
Mashpee
Falmouth
Bourne
$330,000
Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 3% 43% 33% 12 % 9%
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 | 2017}
bourne
4
%
Change in Median Selling Price {2017 v 2016}
-3
%
Change in Units Sold {2017 v 2016}
217 Units Sold
375k
$
Median Selling Price
|
Units vs MedianTotal - AreaUnits Sold Median Selling Price $380,000
250
$370,000 $360,000
200
$350,000 $340,000
150
$330,000 $320,000
100
$310,000 $300,000
50
$290,000 $280,000
0
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
3%
4%
-
-3%
-16%
2017
$470,456
$375,000
4%
88
217
128
2016
$455,691
$360,000
3%
77
223
153
2015
$372,511
$323,500
3%
96
219
152
2014
$438,340
$314,000
3%
92
161
185
11
/ Bourne / Cape Cod Q4Market Update
|
Units vs MedianTotal - AreaUnits Sold Median Selling Price $430,000
590
$420,000
580 570
$410,000
560
$400,000
550
$390,000
540
$380,000
530
$370,000
520
$360,000
510
$350,000
500
2014
2015
2016
Median Selling Price
2017 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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
4%
7%
-
2017
$545,165
$419,000
3%
2016
$523,762
$393,250
2015
$491,490
2014
$536,368
Cape Cod Q4 Market Update / Falmouth / 12
-5%
-30%
260
552
117
2%
176
582
167
$379,500
4%
265
545
176
$393,000
4%
242
533
172
at a glance {Q4 | 2017}
falmouth
7
%
Change in Median Selling Price {2017 v 2016}
-5
%
Change in Units Sold {2017 v 2016}
552 Units Sold
419k
$
Median Selling Price
at a glance {Q4 | 2017}
mashpee
10
%
Change in Median Selling Price {2017 v 2016}
3
%
Change in Units Sold {2017 v 2016}
301 Units Sold
425k
$
Median Selling Price
|
Units vsPrice MedianTotal - AreaUnits Sold Median Selling $450,000
350
$400,000
300
$350,000 250
$300,000 $250,000
200
$200,000
150
$150,000
100
$100,000 50
$50,000 $-
0
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
3%
10%
-
3%
-15%
2017
$571,194
$425,000
3%
238
301
144
2016
$555,828
$387,000
5%
147
291
169
2015
$537,767
$354,000
2%
223
243
177
2014
$566,334
$357,000
5%
161
233
210
15
/ Mashpee / Cape Cod Q4 Market Update
|
Units vsPrice MedianTotal - AreaUnits Sold Median Selling $370,000
450 400
$360,000
350 $350,000
300
$340,000
250
$330,000
200 150
$320,000
100 $310,000
50
$300,000
0
2014
2015
2016
Median Selling Price
2017 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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
9%
2%
-
2017
$436,375
$365,250
3%
2016
$401,109
$357,500
2015
$403,730
2014
$370,319
Cape Cod Q4 Market Update / Sandwich / 16
-14%
-27%
179
336
112
3%
121
392
153
$343,500
2%
195
312
145
$325,000
1%
134
264
164
at a glance {Q4 | 2017}
sandwich
2
%
Change in Median Selling Price {2017 v 2016}
-14
%
Change in Units Sold {2017 v 2016}
336 Units Sold
365k
$
Median Selling Price
Market Snapshot Mid Cape
Units by area - Market SnapshotActive by Price - Mid Cape 450 400 350
Dennis
300
Barnstable
250 200 150
Yarmouth
100 50
Yarmouth
Total Units Sold 801 512 358
Dennis
Dennis
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 $2M and Above
$380,000
Below $250K
$370,000 $360,000 $350,000
$1M-$2M
$340,000 $330,000
$250K-$500K
$320,000
$500K - $1M
$310,000 $300,000
Dennis
Yarmouth
Barnstable
$290,000
Below $250K
$250K-$500K
Median Selling Price 360k $ 320k $ 370k
$
$500K - $1M
$1M-$2M
$2M and Abo
Sold Volume by Price Point 5% 46 % 22 % 22 % 5%
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 | 2017}
barnstable
6
%
Change in Median Selling Price {2017 v 2016}
-7
%
Change in Units Sold {2017 v 2016}
801 Units Sold
360k
$
Median Selling Price
|
Units vsPrice MedianTotal - AreaUnits Sold Median Selling $365,000
900
$360,000 $355,000
850
$350,000 $345,000
800
$340,000 $335,000
750
$330,000 $325,000
700
$320,000 $315,000 $310,000
650
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
9%
6%
-
-7%
-11%
2017
$547,864
$360,000
3%
400
801
135
2016
$504,824
$340,000
3%
313
864
152
2015
$527,136
$340,000
3%
426
724
159
2014
$534,590
$329,900
4%
372
723
157
21
/ Barnstable / Cape Cod Q4 Market Update
barnstable
Town Highlights Barnstable {Median Selling Price | Over Four Years} $500,000
$480,000
59
Units Sold
$460,000
143
$440,000 $420,000
Average DOM
$400,000 $380,000
2014
2015
2016
2017
Centerville {Median Selling Price | Over Four Years} $360,000 $350,000 $340,000
-4.5
%
Discount Ratio
215
Units Sold
$330,000
110
$320,000 $310,000
Average DOM
$300,000 $290,000 $280,000
2014
2015
2016
2017
-2.8
%
Discount Ratio
barnstable town highlights
Cotuit {Median Selling Price | Over Four Years}
67
$460,000 $450,000
$440,000 $430,000
Units Sold
114
$420,000 $410,000 $400,000
Average DOM
$390,000 $380,000 $370,000 $360,000
2014
2015
2016
2017
-6.1
%
Discount Ratio
Hyannisport/West Hyannisport {Median Selling Price | Over Four Years} $460,000
25
$440,000
Units Sold
$420,000
198
$400,000 $380,000
Average DOM
$360,000 $340,000
2014
2015
2016
2017
Osterville {Median Selling Price | Over Four Years} $800,000
$700,000 $600,000
-6.2
%
Discount Ratio
113
Units Sold
$500,000
232
$400,000 $300,000
Average DOM
$200,000 $100,000
0.0
%
$-
2014
2015
2016
2017
23
Discount Ratio
/ Barnstable Town Highlights / Cape Cod Q4 Market Update
|
Units vs MedianTotal - AreaUnits Sold Median Selling Price $350,000
600
$300,000
500
$250,000
400
$200,000 300 $150,000 200
$100,000
100
$50,000 $-
0
2014
2015
2016
Median Selling Price
2017 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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
16%
10%
-
2017
$385,531
$320,000
3%
2016
$332,815
$292,000
2015
$346,080
2014
$328,320
Cape Cod Q4 Market Update / Yarmouth / 24
-5%
-23%
240
512
101
2%
134
540
131
$290,000
3%
168
481
144
$265,000
4%
171
443
151
at a glance {Q4 | 2017}
yarmouth
10
%
Change in Median Selling Price {2017 v 2016}
-5
%
Change in Units Sold {2017 v 2016}
512 Units Sold
320k
$
Median Selling Price
at a glance {Q4 | 2017}
dennis
10
%
Change in Median Selling Price {2017 v 2016}
-7
%
Change in Units Sold {2017 v 2016}
358 Units Sold
370k
$
Median Selling Price
|
- AreaUnits Sold Units vs MedianTotal Median Selling Price $400,000
400 390
$350,000
380
$300,000
370
$250,000
360 350
$200,000
340
$150,000
330
$100,000
320 310
$50,000
300
$-
290
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
4%
10%
-
-7%
-17%
2017
$472,569
$370,000
1%
158
358
114
2016
$453,234
$334,950
4%
105
386
138
2015
$455,827
$350,000
5%
141
333
156
2014
$417,231
$303,000
4%
149
325
166
27
/ Dennis / Cape Cod Q4 Market Update
Market Snapshot Q4
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot
200 180
Eastham
160
Brewster
140 120 100
Chatham
80 60
Harwich Orleans
40 20
Total Units Sold 175 289 108 199 136
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
Lower Cape - Median
Brewster Harwich Orleans Chatham Eastham Sold Volume by Price point - Market Snapshot
$800,000
$2M and Above
$700,000
Below $250K
$600,000 $500,000
$250K-$500K
$1M-$2M
$400,000 $300,000 $200,000
$500K - $1M
$100,000
Eastham
Chatham
Orleans
Brewster
Harwich
$-
Below $250K
$250K-$500K
Median Selling Price 429k $ 410k $ 630k $ 609k $ 460k $
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 0% 30 % 34 % 33 % 2%
Brewster Harwich Orleans Chatham Eastham
29
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Lower Cape Highlights / Cape Cod Q4 Market Update
at a glance {Q4 | 2017}
brewster
1
%
Change in Median Selling Price {2017 v 2016}
4
%
Change in Units Sold {2017 v 2016}
175 Units Sold
430k
$
Median Selling Price
|
Units vsPrice MedianTotal - AreaUnits Sold Median Selling $440,000
180
$430,000
175
$420,000
170
$410,000
165
$400,000 160
$390,000
155
$380,000 $370,000
150
$360,000
145
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
-2%
1%
-
4%
-21%
2017
$525,867
$430,000
3%
86
175
126
2016
$535,288
$423,750
3%
55
168
160
2015
$503,107
$411,000
2%
75
170
142
2014
$483,214
$383,725
4%
73
156
143
31
/ Brewster / Cape Cod Q4 Market Update
|
Units vs MedianTotal - AreaUnits Sold Median Selling Price $420,000
350
$410,000
300
$400,000
250
$390,000
200
$380,000 150
$370,000
100
$360,000 $350,000
50
$340,000
0
2014
2015
2016
Median Selling Price
2017 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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
2%
9%
-
2017
$543,710
$415,000
2%
2016
$531,678
$380,000
2015
$482,500
2014
$491,415
Cape Cod Q4 Market Update / Harwich / 32
-4%
-25%
117
289
117
4%
71
301
155
$375,000
4%
128
283
176
$371,000
5%
124
214
149
at a glance {Q4 | 2017}
harwich
9
%
Change in Median Selling Price {2017 v 2016}
-4
%
Change in Units Sold {2017 v 2016}
289 Units Sold
415k
$
Median Selling Price
at a glance {Q4 | 2017}
orleans
7
%
Change in Median Selling Price {2017 v 2016}
-21
%
Change in Units Sold {2017 v 2016}
108 Units Sold
669k
$
Median Selling Price
|
Units vsPrice MedianTotal - AreaUnits Sold Median Selling $740,000
160
$720,000
140
$700,000
120
$680,000
100
$660,000
80
$640,000
60
$620,000
40
$600,000 $580,000
20
$560,000
0
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
5%
7%
-
-21%
-17%
2017
$882,966
$669,283
4%
82
108
187
2016
$838,314
$623,000
4%
65
137
225
2015
$893,647
$702,500
2%
87
130
192
2014
$854,244
$725,000
4%
62
115
196
35
/ Orleans / Cape Cod Q4 Market Update
|
- AreaUnits Sold Units vs MedianTotal Median Selling Price $720,000
210
$700,000
208 206
$680,000
204
$660,000
202 $640,000
200
$620,000
198
$600,000
196
$580,000
194
2014
2015
2016
Median Selling Price
2017 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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
-18%
-8%
-
2017
$917,487
$625,000
5%
2016
$1,114,106
$680,000
2015
$1,032,022
2014
$966,177
Cape Cod Q4 Market Update / Chatham / 36
-5%
-15%
189
199
190
8%
144
209
223
$699,500
4%
158
209
202
$660,000
6%
120
199
266
at a glance {Q4 | 2017}
chatham
-8
%
Change in Median Selling Price {2017 v 2016}
-5
%
Change in Units Sold {2017 v 2016}
100 Units Sold
625k
$
Median Selling Price
at a glance {Q4 | 2017}
eastham
15
%
Change in Median Selling Price {2017 v 2016}
-4
%
Change in Units Sold {2017 v 2016}
136 Units Sold
465k
$
Median Selling Price
|
- AreaUnits Sold Units vsPrice MedianTotal Median Selling $480,000
180 160
$460,000
140
$440,000
120 100
$420,000
80
$400,000
60 40
$380,000
20
$360,000
0
2014
2015
2016
2017
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 Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
18%
15%
-
-4%
-19%
2017
$539,425
$465,000
3%
81
136
131
2016
$455,949
$405,000
5%
50
142
161
2015
$469,756
$415,000
5%
69
158
170
2014
$521,905
$399,000
5%
88
127
190
39
/ Eastham / Cape Cod Q4 Market Update
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