2019 Q2 Cape Cod Market Forecast

Q2 Price Forecast

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I think that the Median Sold Price will Inch UP in Q2. My forecast for the median sold price in Q2 is: $427,000 dollars. Quarter-to-Quarter, the median sold price will be UP 2.9% from the $415K in Q1.

More importantly, Year-to-Year, the median sold price will be Up, but only 0.5% from the $425K in Q2 2018. The median sold price will then have gone UP 13 quarters in a row – and 25 of the last 27 quarters. If you’re waiting for the BUBBLE to burst – not yet.

© Bill Silver 2019

Cape Cod Associates