Sales Decline in Cape Cod Real Estate Market

While home sales in the Cape Cod market have been above average, in this week's report they dropped 8.9% to 257 homes sold over the last 30 days. Barnstable County was the most popular part of the Cape Cod Metro Area, with 257 homes sold. Potential buyers should note that prices went up in the Cape Cod Metro Area, with the median for this period rising from $349,500 to $350,000. The Cape Cod Metro Area is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in the Cape Cod Metro Area:

$2.3M   $4.8M   $799K  

Get started right now by checking out Cape Cod homes for sale or reviewing Cape Cod real estate trends.

Demographic facts for the Cape Cod Metro Area:

  • The population has decreased 2.1% in the last 10 years.
  • The safety rating here is 68. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 26 minutes.

Data reported through 10/13/2016

Comments:

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Conway - Plymouth
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Real Estate Associates
Snapped 5 homes in this area
oldCape|Sotheby's International Realty
Snapped 313 homes in this area

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