"Sellers accurately pricing homes is becoming increasingly important, even with our perpetually limited inventory. With a list-to-sale price ratio of 95.5% at the end of November, the data shows that being realistic about what your home is worth on the open market is paramount for sellers. We're simply not in a market where buyers are going over asking price on a regular basis."
"Last month, 199 single-family homes sold in Cape Cod, marking a year-over-year decrease of 24.3%. Meanwhile, condo sales dipped 11.8% to 60 condos sold. The median sales price for these homes was $785,000 for single-family properties, and $439,500 for condominiums, compared to $739,000 and $540,000 in 2024, respectively. Notably, 37.69% of all transactions involved a cash buyer in November, up 1.65% from last year. Single-family home listings fell by 5.8% year over year to 614, while condo listings saw a boost of 16.4% to 227."
Home sales on Cape Cod declined in November, with 199 single-family homes sold (down 24.3%) and 60 condominiums sold (down 11.8%). Median sales prices were $785,000 for single-family homes and $439,500 for condos, versus $739,000 and $540,000 in 2024. Cash buyers represented 37.69% of transactions, up 1.65 percentage points year over year. Single-family listings fell 5.8% to 614 while condo listings rose 16.4% to 227. The list-to-sale price ratio reached 95.5%. Single-family homes averaged 43 days on market and condos averaged 69 days, both increasing year over year. Boston downtown condos vary in pricing; averages can guide offers but individual valuation remains critical.
Read at Boston Condos For Sale Ford Realty
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