Buyer activity in the Cape Cod market is greatly increasing as coronavirus restrictions ease, however, the lack of homes for sale creates uncertainty on further rebounding of the housing market.
Virtual showings, tours and open houses help REALTORS® adapt to a socially-distanced market and maintain market activity.
Discussing the COVID-19 impact on buyer behavior with NAR's Jessica Lautz.
Inventory Likely to Tighten Drastically
Find out how the Cape Cod market did in January.
According to preliminary data released by the Cape Cod & Islands Association of REALTORS® (CCIAOR), median sale price rose by 2.5% Cape-wide, for a year-end median sale price of $410,000, while inventory dropped 18.4% from 2018 and closed sales were nearly flat (-0.5%) from 2018.
