Another beautiful summer on Cape Cod has come and gone. With the departure of summer vacationers, often ar-rives a busy buying and selling season — and this year is no different. Single family home sales are up 5.5% and condo sales are up 6.1%. Also on the increase is the median sale price, and days on market are down. Of particular note is the strong increase of 18.8% in sales in the $500,000 - $749,999 price bracket. All indications are that the real estate market on Cape Cod is healthy and now is a great time to buy or sell!
| All Kinlin Grover Sales | 2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 891 | 904 | +1.4 |
| Average Sale Price | $446,766 | $464,924 | +3.9 |
| Median Sale Price | $355,000 | $365,000 | +2.7 |
| Days On Market | 148 | 145 | -2.0 |
| Cape Cod High-End Single Family |
2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 208 | 208 | nc |
| Average Sale Price | $1,983,269 | $1,922,289 | -3.1 |
| Median Sale Price | $1,573,750 | $1,517,500 | -3.5 |
| Days On Market | 255 | 208 | -18.4 |
| Cape Cod Condominiums | 2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 704 | 750 | +6.1 |
| Average Sale Price | $307,602 | $299,645 | -2.6 |
| Median Sale Price | $273,750 | $255,000 | -6.9 |
| Days On Market | 153 | 137 | -10.5 |
| Cape Cod Single Family Sales |
2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 2,728 | 2,887 | +5.5 |
| Average Sale Price | $510,812 | $508,999 | -0.9 |
| Median Sale Price | $354,750 | $365,000 | +2.7 |
| Days On Market | 143 | 136 | -4.9 |
| Commercial and Land | 2014 | 2015 | % Change |
|---|---|---|---|
| Sales | 220 | 341 | +8.7 |
| Average Sale Price | $360,890 | $337,812 | -6.4 |
| Median Sale Price | $235,000 | $205,000 | -12.8 |
| Days On Market | 270 | 277 | +2.5 |
| Residential Sales Distribution |
2014 | 2015 | % Change |
|---|---|---|---|
| Under $350,000 | 1,326 | 1,326 | nc |
| $350,000 - $499,999 | 665 | 727 | +8.5 |
| $500,000 - $749,999 | 362 | 446 | +18.8 |
| $750,000 - $999,999 | 167 | 170 | +1.8 |
| $1 Million+ | 208 | 208 | nc |
