With the arrival of summer on Cape Cod, 2015 sales appear to be catching up with 2014 as the effects of winter wear off. Of particular note is the 17.3% increase in sales in the $500,000 -$749,999 price range. Condominium sales are also strong with gains of 7.3% over last year. Overall the market on Cape Cod appears healthy, with slight increases in median sales price and number of sales. Days on market are down by 4 days, which indicates a stabilizing inventory. Interest rates remain low, though threatened increases are on the horizon.
| All Kinlin Grover Sales | 2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 564 | 542 | -3.9 |
| Average Sale Price | $444,599 | $481,866 | +7.7 |
| Median Sale Price | $366,250 | $366,000 | nc |
| Days On Market | 122 | 138 | +11.6 |
| Cape Cod High-End Single Family |
2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 137 | 121 | -11.7 |
| Average Sale Price | $1,944,217 | $1,902,247 | -2.1 |
| Median Sale Price | $1,450,000 | $1,500,000 | +3.3 |
| Days On Market | 268 | 203 | -24.3 |
| Cape Cod Condominiums | 2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 419 | 452 | +7.3 |
| Average Sale Price | $299,783 | $295,671 | -1.2 |
| Median Sale Price | $247,000 | $254,900 | +3.1 |
| Days On Market | 158 | 138 | -12.6 |
| Cape Cod Single Family Sales |
2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 1,698 | 1,720 | +1.2 |
| Average Sale Price | $512,998 | $499,523 | -2.6 |
| Median Sale Price | $357,500 | $363,750 | +2.0 |
| Days On Market | 149 | 145 | -2.7 |
| Commercial and Land | 2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 130 | 120 | -7.6 |
| Average Sale Price | $351,526 | $369,257 | +4.8 |
| Median Sale Price | $212,500 | $197,500 | -7.1 |
| Days On Market | 215 | 257 | +16.3 |
| Residential Sales Distribution |
2014 | 2015 | % Change |
|---|---|---|---|
| Under $350,000 | 1,213 | 1,221 | +0.7 |
| $350,000 - $499,999 | 532 | 558 | +4.7 |
| $500,000 - $749,999 | 258 | 312 | +17.3 |
| $750,000 - $999,999 | 116 | 104 | -10.3 |
| $1 Million+ | 151 | 132 | -12.6 |
