Q3 | 2017
Cape Cod
Market Update
WIANNO HEAD WATERFRONT ESTATE
sothebyshomes.com/0403172 Offered at $8,975,000
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 Q3
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 1,084 1,260 648
Lower Cape
Lower Cape
Mid Cape
Upper Cape
Upper Cape
Mid Cape
-
Active Inventory by Price Point & Area
Upper Cape
Under $250k
Mid Cape
$250-$500k
Lower Cape
$500k - $1M $1 - $2M $2M+
Q3 Highlights
Median by Region
All Cape Cod
Sales volume by price points $2M and Above
$600,000
Below $250K
$500,000
$1M-$2M
$400,000
$250K-$500K
$300,000
$200,000
$500K - $1M $100,000
Median Selling Price 395k $ 345k $ 478k $
Lower Cape
Upper Cape
Mid Cape
$Below $250K
$250K-$500K
$500K - $1M
$1M-$2M
$2M and Above
Sold Volume by Price Point 3% 41 % 29 % 24 % 3%
Upper Cape Mid Cape Lower Cape
5
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Q3 Highlights / Cape Cod Q3 Market Update
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/ Cape Cod Featured Properties / Cape Cod Q2 Market Update
Market Snapshot Q3
Active by Price - Upper Cape
Upper Cape
Units by area - Market Snapshot 300 250
Bourne Mashpee
200
150
100
Sandwich
Falmouth 50
Total Units Sold 169 428 259 228
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 Farlmouth Mashpee Sandwich
Sold Volume by Price point - Market Snapshot $430,000
$2M and Above
$420,000
Below $250K
$410,000 $400,000
$1M-$2M
$390,000 $380,000
$250K-$500K
$370,000 $360,000
$500K - $1M
$350,000 $340,000
Median Selling Price 373k $ 417k $ 412k $ 362k $
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% 21 % 0%
Bourne Falmouth Mashpee Sandwich
9
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Upper Cape / Cape Cod Q3 Market Update
at a glance {Q3 | 2017}
bourne
10
%
Change in Median Selling Price {2017 v 2016}
-1
%
Change in Units Sold {2017 v 2016}
169 Units Sold
373k
$
Median Selling Price
|
Units vs Median - AreaUnits Sold Median Selling Price Total $380,000
180
$370,000
160
$360,000
140
$350,000
120
$340,000
100
$330,000
80
$320,000
60
$310,000 $300,000
40
$290,000
20
$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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
11%
10%
-
-1%
-11%
2017
$479,131
$373,000
4%
102
169
136
2016
$430,433
$340,000
5%
130
171
154
2015
$368,809
$320,750
2%
153
166
146
2014
$466,084
$315,250
3%
131
122
188
11
/ Bourne / Cape Cod Q3 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $420,000
440
$410,000
430
$400,000
420
$390,000
410
$380,000
400
$370,000
390
$360,000
380
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
1%
6%
-
2017
$534,785
$416,750
3%
2016
$528,693
$395,000
2015
$483,955
2014
$524,263
Cape Cod Q3 Market Update / Falmouth / 12
-1%
-27%
253
428
125
1%
284
431
172
$380,000
5%
365
418
181
$385,000
4%
334
398
168
at a glance {Q3 | 2017}
falmouth
6
%
Change in Median Selling Price {2017 v 2016}
-1
%
Change in Units Sold {2017 v 2016}
428 Units Sold
417k
$
Median Selling Price
at a glance {Q3 | 2017}
mashpee
9
%
Change in Median Selling Price {2017 v 2016}
6
%
Change in Units Sold {2017 v 2016}
228 Units Sold
421k
$
Median Selling Price
|
Median Selling Total Units Price vs Median - AreaUnits Sold $440,000
250
$420,000
200
$400,000 150 $380,000 100 $360,000 50
$340,000 $320,000
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
10%
9%
-
6%
-18%
2017
$573,339
$421,000
2%
239
228
146
2016
$523,067
$385,000
4%
224
216
179
2015
$512,399
$355,000
1%
256
179
170
2014
$570,904
$364,500
3%
180
171
213
15
/ Mashpee / Cape Cod Q3 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $370,000
350
$360,000
300
$350,000
250
$340,000
200
$330,000
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
6%
1%
-
2017
$431,989
$362,000
2%
2016
$406,685
$359,000
2015
$404,898
2014
$372,403
Cape Cod Q3 Market Update / Sandwich / 16
-17%
-22%
179
259
123
3%
184
313
158
$345,000
1%
259
227
152
$325,000
1%
198
201
167
at a glance {Q3 | 2017}
sandwich
1
%
Change in Median Selling Price {2017 v 2016}
-17
%
Change in Units Sold {2017 v 2016}
259 Units Sold
362k
$
Median Selling Price
Market Snapshot
Active by Price - Mid Cape Units by area - Market Snapshot
Mid Cape
450 400 350
Dennis
300 250
Barnstable
200 150
Yarmouth
100 50
Yarmouth
Total Units Sold 609 390 261
Dennis
Dennis
Yarmouth
Barnstable
Barnstable
0
Active Inventory by Price Point & Area
Barnstable
Under $250k
Yarmouth
$250-$500k
Dennis
$500k - $1M $1 - $2M $2M+
mid cape
Mid Cape - Median
Barnstable Yarmouth Dennis
Sold Volume by Price point - Market Snapshot $380,000
$2M and Above
$370,000
Below $250K
$360,000 $350,000 $340,000
$1M-$2M
$330,000 $320,000
$250K-$500K
$310,000
$500K - $1M
$300,000 $290,000
Dennis
Yarmouth
Barnstable
$280,000
Below $250K
$250K-$500K
Median Selling Price 360k $ 314k $ 374k
$
$500K - $1M
$1M-$2M
$2M and Abov
Sold Volume by Price Point 6% 46 % 21 % 21 % 6%
Barnstable Yarmouth Dennis
19
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Mid Cape Highlights / Cape Cod Q3 Market Update
at a glance {Q3 | 2017}
barnstable
9
%
Change in Median Selling Price {2017 v 2016}
-2
%
Change in Units Sold {2017 v 2016}
609 Units Sold
360k
$
Median Selling Price
|
Median Selling Price Units vs MedianTotal - AreaUnits Sold $370,000
640 620
$360,000
600
$350,000
580 560
$340,000
540
$330,000
520 500
$320,000
480
$310,000
460
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
10%
9%
-
-2%
-10%
2017
$555,566
$359,900
2%
410
609
143
2016
$506,925
$330,000
5%
446
624
158
2015
$528,979
$330,000
6%
551
524
156
2014
$522,397
$331,500
5%
448
542
150
21
/ Barnstable / Cape Cod Q3 Market Update
barnstable
Town Highlights Barnstable {Median Selling Price | Over Four Years}
42
$600,000 $500,000
Units Sold $400,000
151
$300,000 $200,000
Average DOM
-3.7
$100,000 $-
2014
2015
2016
2017
%
Discount Ratio
Centerville {Median Selling Price | Over Four Years}
158
$350,000 $340,000
Units Sold
$330,000
116
$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}
49
$500,000 $450,000 $400,000
Units Sold
$350,000
119
$300,000 $250,000 $200,000
Average DOM
$150,000 $100,000 $50,000 $-
2014
2015
2016
2017
-7.7
%
Discount Ratio
Hyannisport/West Hyannisport {Median Selling Price | Over Four Years}
25
$600,000 $500,000
Units Sold
198
$400,000 $300,000
Average DOM
$200,000 $100,000 $-
2014
2015
2016
2017
Osterville {Median Selling Price | Over Four Years}
-6.2
%
Discount Ratio
82
$800,000 $700,000
Units Sold
$600,000
248
$500,000 $400,000 $300,000
Average DOM
$200,000
-4.2
%
$100,000 $-
2014
2015
2016
2017
23
Discount Ratio
/ Barnstable Town Highlights / Cape Cod Q3 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $320,000
450
$310,000
400 350
$300,000
300
$290,000
250
$280,000
200
$270,000
150
$260,000
100
$250,000
50
$240,000
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
15%
11%
-
2017
$377,743
$313,750
3%
2016
$327,884
$282,500
2015
$347,389
2014
$317,053
Cape Cod Q3 Market Update / Yarmouth / 24
-5%
-20%
214
390
107
3%
183
409
134
$285,000
5%
274
341
148
$265,500
5%
244
315
159
at a glance {Q3 | 2017}
yarmouth
11
%
Change in Median Selling Price {2017 v 2016}
-5
%
Change in Units Sold {2017 v 2016}
390 Units Sold
314k
$
Median Selling Price
at a glance {Q3 | 2017}
dennis
15
%
Change in Median Selling Price {2017 v 2016}
0
%
Change in Units Sold {2017 v 2016}
261 Units Sold
374k
$
Median Selling Price
|
Units vs Median - AreaUnits Sold Median Selling Price Total $400,000
265
$350,000
260 255
$300,000
250
$250,000
245
$200,000
240
$150,000
235 230
$100,000
225
$50,000
220
$-
215
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
10%
15%
-
0%
-12%
2017
$477,042
$374,000
1%
165
261
123
2016
$432,850
$326,500
3%
178
262
140
2015
$429,045
$350,000
4%
209
231
156
2014
$405,772
$300,000
4%
195
243
171
27
/ Dennis / Cape Cod Q3 Market Update
Market Snapshot Q3
Active by Price - Lower Cape
Lower Cape
Units by area - Market Snapshot 200 180 160
Eastham
Brewster
140 120 100
Chatham
80
Harwich
60 40
Orleans
20
Total Units Sold 115 211 83 144 95
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 - Median lower cape
Brewster Harwich Orleans Chatham Sold Volume by Price point - Market Snapshot Eastham
$700,000
$2M and Above
$600,000
Below $250K
$500,000
$400,000
$250K-$500K
$1M-$2M $300,000
$200,000
$100,000
$500K - $1M
Orleans
Harwich
Eastham
Chatham
Brewster
$-
Below $250K
$250K-$500K
Median Selling Price 429k $ 410k $ 630k $ 609k $ 460k $
$500K - $1M
$1M-$2M
$2M and Above
Total Volume by Price Point 1% 31 % 35 % 30 % 3%
Brewster Harwich Orleans Chatham Eastham
29
Under $250k $250-$500k $500k - $1M $1 - $2M $2M+
/ Lower Cape Highlights / Cape Cod Q3 Market Update
at a glance {Q3 | 2017}
brewster
3
%
Change in Median Selling Price {2017 v 2016}
-10
%
Change in Units Sold {2017 v 2016}
115 Units Sold
429k
$
Median Selling Price
|
Units Price vs Median - Area Median Selling Total Units Sold $440,000
130
$430,000 125
$420,000 $410,000
120
$400,000 $390,000
115
$380,000 $370,000
110
$360,000 $350,000
105
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
1%
3%
-
-10%
-14%
2017
$525,389
$429,000
2%
82
115
151
2016
$517,650
$415,000
4%
89
128
176
2015
$517,603
$411,000
3%
113
126
144
2014
$460,438
$381,225
3%
102
118
145
31
/ Brewster / Cape Cod Q3 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $420,000
250
$410,000 200
$400,000 $390,000
150
$380,000 100
$370,000 $360,000
50
$350,000 $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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
1%
11%
-
2017
$540,521
$410,000
1%
2016
$534,815
$369,950
2015
$472,315
2014
$463,244
Cape Cod Q3 Market Update / Harwich / 32
3%
-19%
112
211
124
3%
126
204
153
$375,000
4%
171
219
179
$370,000
4%
162
160
147
at a glance {Q3 | 2017}
harwich
11
%
Change in Median Selling Price {2017 v 2016}
3
%
Change in Units Sold {2017 v 2016}
211 Units Sold
410k
$
Median Selling Price
at a glance {Q3 | 2017}
orleans
1
%
Change in Median Selling Price {2017 v 2016}
-18
%
Change in Units Sold {2017 v 2016}
83 Units Sold
630k
$
Median Selling Price
|
Units Price vs Median - Area Median Selling Total Units Sold $700,000
120
$680,000
100
$660,000
80
$640,000
60
$620,000
40
$600,000
20
$580,000
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
2%
1%
-
-18%
-26%
2017
$854,840
$630,000
6%
90
83
172
2016
$835,193
$622,000
1%
82
101
232
2015
$810,138
$686,500
2%
120
88
185
2014
$764,759
$670,000
4%
92
79
204
35
/ Orleans / Cape Cod Q3 Market Update
|
Units vs Median - AreaUnits Sold Median Selling Price Total $700,000
152 150
$680,000
148 $660,000
146
$640,000
144
$620,000
142 140
$600,000
138 $580,000
136
$560,000
134
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
-22%
-10%
-
2017
$873,298
$608,750
4%
2016
$1,125,736
$680,000
2015
$1,004,971
2014
$987,876
Cape Cod Q3 Market Update / Chatham / 36
3%
-8%
180
144
197
7%
197
140
215
$683,300
2%
180
149
188
$654,000
6%
168
150
274
at a glance {Q3 | 2017}
chatham
-10
%
Change in Median Selling Price {2017 v 2016}
3
%
Change in Units Sold {2017 v 2016}
144 Units Sold
609k
$
Median Selling Price
at a glance {Q3 | 2017}
eastham
13
%
Change in Median Selling Price {2017 v 2016}
-4
%
Change in Units Sold {2017 v 2016}
95 Units Sold
460k
$
Median Selling Price
|
Units Price vs Median - Area Median Selling Total Units Sold $480,000
105
$460,000
100
$440,000
95
$420,000
90
$400,000
85
$380,000
80
$360,000
75
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
Q3
Average Median Discount Active Total Days on Selling Price Selling Price Ratio Inventory Units Sold Market
{2017 v 2016}
Change
21%
13%
-
-4%
-14%
2017
$529,630
$460,000
3%
83
95
147
2016
$438,448
$407,500
4%
80
99
170
2015
$452,331
$396,000
6%
100
102
173
2014
$531,278
$399,000
5%
114
87
180
39
/ Eastham / Cape Cod Q3 Market Update
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