2019 Q1 Cape Cod Market Results

© Bill Silver 2018

Median Sold Price History

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Cape Cod Associates

Here are the Quarterly Median Sold Prices over the last 4 years. Year-to-Year, the median sold price continued to go UP, and has now gone UP 12 quarters in a row – and 24 of the last 26 quarters. Note that the $415K is the highest Q1 Median Sold Price ever on Cape Cod. This chart also shows the Q1 DiP.

Over the last 20 years, from Q4 to Q1, the median sold price went DOWN 80% of the time. From Q1 to Q2, the median sold price went UP 85% of the time. The take-away here is, although quarter-to-quarter results are factual, they are very misleading and should not be used to make any real estate decisions.