The Cape Cod market completed a remarkable year in 2020, with strong recovery from the initial COVID-19 pandemic beginning in mid-May resulting record-breaking market activity through the end of the year.
Demand for Cape Cod real estate remained strong in November, as 577 homes sold and the median sales price climbed to $585,000 for single-family homes. However, several key indicators showed signs of things beginning to slow as a shortage of homes for sale begins to impact the market.
The Cape Cod real estate market continued its strong performance in October, with strong numbers for both closed and pending sales for single family homes and condominiums.
NAR recently released their annual Profile of Homebuyers and Homeseller, an in-depth, data-heavy report on the characteristics of the American home buying and home selling public.
The Cape Cod real estate market continued its record-breaking performance in September, setting new record highs for median sale price, pending sales, closed condo sales, and total volume.
The Cape Cod real estate market continued its expected surge in August moving well past the pent-up demand from the 'Stay at Home' order and continuing to set records - as June and July did - for residential real estate sales in Barnstable County.
