Cape Cod Market Report 2020 Q4 FB

Q4 2020 Records

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2. The 28.8% increase in the Median Sold Price was the highest percent of change ever. It topped the old high of 25.3% set in Q3 2000. 3. The 1,524 sales in Q4 were the highest number of Q4 sales ever. The previous high was the 1,193 sales in Q4 2016. 4. The 42.0% increase in Q4 sales over Q4 last year was the highest Q4 increase ever. It topped the 34.3% increase in Q4 2012.

INTRO : Here is a brief description of the records set in Q4 2020. Some are a bit obscure. But I think they give us added insight into just how much our real estate market has changed in the year of COVID. An * asterisk indicates that the previous record had just been set in Q3 2020. 1. The Q4 median sold price of $564K was a new high, breaking the old record of $530K just set in Q3.

Cape Cod Associates

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

Harwich Port, MA 508-432-8600

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