2020 Q1 Cape Cod Market Forecast

Q1 2020 Price Forecast

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The Median Sold Price will Inch UP again in Q1 . My forecast for the median sold price in Q1 is: $445,000 dollars . Quarter-to-Quarter, the median sold price will be UP 1.6% from the $438K in Q4 . But, always more importantly, Year-to-Year, the median sold price will be Up a hefty 7.2% from the $415K in Q1 2019 .

The Year-to-Year median sold price will then have gone UP 16 quarters in a row – and 28 of the last 30 quarters . It seems the price BUBBLE will continue floating upward.

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Cape Cod Associates

© Bill Silver 2020 Realtor® Cell: 508-277-1000 Bill@BillSilver.com

Harwich Port, MA 508-432-8600