April 14, 2020 Research & Data CCIAOR Data and Research
Despite Coronavirus, March 2020 Closed Sales Finish Up 10 Percent But Show Signs of Slowing
Inventory Likely to Tighten Drastically
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.
According to preliminary data released last week by the Cape Cod & Islands Association of REALTORS® (CCIAOR), 411 homes sold in November, 334 single-family homes and 77 condominiums.
According to preliminary data released last week by the Cape Cod & Islands Association of REALTORS® (CCIAOR), 487 homes sold in October, 379 single-family homes and 108 condominiums.
Median sale price rose again while continued low inventory raises affordability concerns.