As Cape Cod, the South Coast, and the South Shore enter the second half of 2021 the remarkable performance of the real estate market continues.
Since May of 2020 our coastal markets have been in increasingly high demand with buyer activity far outpacing available inventory. This has driven prices to historic levels and has helped sellers to realize significant returns on their real estate investments.
A direct reflection of the never ending demand for coastal real estate, this performance reinforces the lesson that so many homeowners have learned over the years: Cape Cod, the South Coast and the South Shore are great places to invest your real estate dollars.
As you will see in the following pages, all of our markets have shown significant growth over the first half of the year. Not only is this a continuation of the trend that began in mid 2020 but it’s also reflective of the 10 year trend which has seen the value of real estate rise by 194% in Southeastern Massachusetts.
And with interest rates expected to remain low and with demand showing no signs of slowing, we fully expect markets to perform well right into 2022. Simply put, now is a great time to be investing in coastal real estate.
With that in mind, we are very pleased to release our new 2021 Q2 Market Report.