A review of 2014 year end Barnstable County real estate statistics indicates a 4.2% drop in single family home sales but an increase in the average and median sales prices. Also notable is that inventory for active single family listings is down 24.5%. The luxury market continues to be very strong with a 39% increase in the number of sales and an almost 20% increase in the average sale price. Inventory for luxury properties is down significantly. Condominium sales are strong and inventories are down 56%.
Looking ahead to 2015 pending sales remain strong at 735 units and are 4.7% higher than the same time in 2014.
All Kinlin Grover Sales | 2013 | 2014 | % Change |
---|---|---|---|
Sales | 1541 | 1531 | -0.7 |
Average Sale Price | $457,378 | $458,576 | +0.3 |
Median Sale Price | $326,500 | $336,000 | +2.8 |
Days On Market | 158 | 153 | -3.3 |
Active Listings | 781 | 788 | +0.9 |
Cape Cod High-End Single Family |
2013 | 2014 | % Change |
---|---|---|---|
Sales | 299 | 489 | +38.9 |
Average Sale Price | $1,983,907 | $2,476,000 | +19.9 |
Median Sale Price | $1,565,000 | $1,400,000 | -11.8 |
Days On Market | 260 | 257 | -1.2 |
Active Listings | 502 | 345 | -45.5 |
Cape Cod Condominiums | 2013 | 2014 | % Change |
---|---|---|---|
Sales | 897 | 957 | +6.3 |
Average Sale Price | $279,937 | $311,336 | +10.1 |
Median Sale Price | $242,000 | $277,000 | +12.6 |
Days On Market | 169 | 154 | -9.7 |
Active Listings | 553 | 354 | -56.2 |
Cape Cod Single Family Sales |
2013 | 2014 | % Change |
---|---|---|---|
Sales | 3830 | 3677 | -4.2 |
Average Sale Price | $492,029 | $521,159 | +5.6 |
Median Sale Price | $350,000 | $357,500 | +2.1 |
Days On Market | 144 | 144 | 0 |
Active Listings | 2097 | 1684 | -24.5 |
Commercial and Land | 2013 | 2014 | % Change |
---|---|---|---|
Sales | 261 | 238 | -9.7 |
Average Sale Price | $297,257 | $307,584 | +3.4 |
Median Sale Price | $216,000 | $210,500 | -2.6 |
Days On Market | 323 | 292 | -10.6 |
Active Listings | 524 | 551 | +4.9 |
Residential Sales Distribution |
2013 | 2014 | % Change |
---|---|---|---|
Under $350,000 | 2595 | 2410 | -7.7 |
$350,000 - $499,999 | 1058 | 1104 | +4.2 |
$500,000 - $749,999 | 610 | 612 | +0.3 |
$750,000 - $999,999 | 222 | 250 | +11.2 |
$1 Million+ | 294 | 310 | +5.2 |