Cape Cod Market Report 2023 Q3

Sold Price – Original List Price %

8

Text

These 9 Groups represent the median(Original List Price divided by Sold Price Ratio). That’s the percentage shown at the top of each column. The number of listings per group is almost identical – with each group averaging about 11.1%. The low % for all 3,151 sold listings was 43% - a good bit less than half the original list price. The high was 177%.

Now let’s see the Median Days On Market for each group. Reading from Right-to-Left, as the Days go UP the Price goes DOWN. An important message for sellers: The longer it takes to sell your home the lower the sold price might be.