Cape Cod Real Estate Market Watch
Download PDF Version of Cape Cod Real Estate Market Watch, 4th Quarter 2014
Volume 9, Issue 1 | 4th Quarter 2014

Market Watch Recent Trends

Cape Cod Real Estate Market Watch, 4th Quarter 2014


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.

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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
Map

Source: Cape Cod & Islands Multiple Listing Service, Inc. | Editor: Brian Johnson | Assistant Editor: Annette Seppal

Download PDF Version of Cape Cod Real Estate Market Watch, 4th Quarter 2014

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