Cape Cod home listings surge at pace not seen in years

Jun 6, 2024 · The market could continue to use more homes to help ease affordability pressures.” In April, 279 homes sold on the Cape, including 222 single-family homes and 57 …

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Mass. Housing Market Lurches: Sales Drop, Prices Barely Budge

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Jun 20, 2023 · In the condo market, Suffolk County — home to Boston, Chelsea, Revere, and Winthrop — saw sales fall 26.6%, but the median sales price was static, at $725,000. View the …

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Cape Cod Listings Increase In October; Market ... - Boston Agent …

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Nov 29, 2023 · That’s a 6.9% decrease in single-family home listings and a 1.9% increase in condo listings from October 2022. Despite the increase in listings, inventory issues continue to …

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Greater Boston Continues To Be One Hot Market With Price

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Mar 6, 2022 · The median sales price climbed another 7.9% in January, with closing transactions averaging 98% of the original listing price. On Nantucket, inventory for single-family homes fell …

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Cape Cape Real Estate Market Slows Down, But Prices Still Rising

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Dec 23, 2022 · Prices for both single-family homes and condos climbed once again. The median price for a single-family home in Massachusetts last month was $530,000, which was 15.2% …

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Greater Boston Home Prices Tumble From Summer Highs

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Oct 23, 2024 · The median sales price for a single-family home was $600,000 last month, a 6.2 percent increase over September 2023, according to The Warren Group, a real estate …

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Cape Cod Real Estate Saw Historic High Prices ... - Boston Agent …

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Jan 26, 2022 · Cape Cod homes for sale fell 54.8% at the end of 2021, with only 388 homes for sale, compared to 859 homes at the end of 2020. The report also found the median sales price …

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Cape & Islands Housing Market: Overvalued Or Overdue?

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Aug 4, 2021 · Like maybe an extra $130,000. The median price of a single-family home sold in Barnstable County through June of this year was $550,000, according to The Warren Group, a …

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New Seabury House Sells For $8.75M, Breaking Record In Mashpee

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1 day ago · Cape Cod Times. 0:04. 1:47. A six-bedroom, six-bath house at 134 Shore Drive West in New Seabury sold for $8.75 million on Oct. 30, breaking a price record for a home sale in …

capecodtimes.com

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Have Prices Pushed Boston-area Home Buyers To Breaking Point?

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Jun 17, 2021 · Farther from Boston, single-family prices continue to surge. At $575,000, the median price of a single-family house on Cape Cod has risen an astonishing $150,000 in just …

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Cape Cod Real Estate Market Remains Historically Strong

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Oct 18, 2021 · In September, 533 homes sold on the Cape, including 416 single-family homes and 117 condominiums, at median sales prices of $625,500 and $400,000, respectively. A …

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Mass. Single-family Prices Surge, Condo Sales Gain Momentum

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Apr 23, 2021 · Year to date, the number of single-family homes sold in Medford have spiked 97 percent over the first quarter of 2020, and median prices were up 11.9 percent, from $642,500 …

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A Contemporary Cape Code Estate Is Our Luxury Home Of The …

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Nov 8, 2024 · Listed for $2,495,000, the two Cape Cod buildings measure 5,245 square feet on a 2.53-acre lot. Kerrie Marzot of Sotheby’s International Realty – Cape Cod, Falmouth …

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FAQs about Cape Cod home listings surge at pace not seen in years Coupon?

Is the Cape Cod housing market on fire?

The housing market in Cape Cod is experiencing a surge. According to Redfin, the median price for a home is now $535,000, which is up 29.4% since last year. Much of the increase is attributed to people fleeing cities during the pandemic and working from home on Cape Cod. ...

Will the Cape Cod real estate market reopen in 2024?

The Cape Cod real estate market is projected to maintain its strength throughout 2024, with a continuation of rising home prices and persistently low inventory levels. However, certain factors loom on the horizon that could potentially impact the market, including rising interest rates and the looming possibility of a recession. ...

What's happening with Cape Cod's real estate market in November?

Cape Cod real estate market trends: Here's the November report. BOSTON — Single-family home sales in Massachusetts plummeted last month to the lowest November total in eight years while prices climbed to a new high, according to the latest report from The Warren Group. ...

Why is Cape Cod so popular in 2024?

Strong demand: Cape Cod's allure as a prime residential and vacation destination is expected to sustain high demand for homes in 2024. Limited supply: The scarcity of available homes for sale on Cape Cod is a key driver for the escalating property prices. ...

How much is a Cape Cod condo worth?

On the Cape, that price was $650,000. On the condo front, the median sales price rose 6 percent from November 2021 to November 2022 to hit $475,000. On the Cape and Islands, the median sales price for condominiums rose to $501,000, a 34% increase from November 2021. ...

How will Cape Cod's housing market perform in 2024?

Strong economy: The Cape Cod economy is anticipated to remain robust in 2024, providing substantial support to the housing market. Rising interest rates: The Federal Reserve's expected continuation of interest rate hikes in 2024 could potentially increase the cost of borrowing for home purchases. ...