Cape Cod Market Report Q2 2022

Quick Dips Q2 2022

9

Text

These Quick Dip stats apply to properties CLOSED in Q2. The Days On Market stat calculated by CC&I MLS was 6 . The calculated number of days from Listing to Under Contract dates was 8 . When a listing goes PENDING, the listing agent can enter an expected CLOSE date. The median error rate for this field was 0.0 . There were a few way-off dates. Most were exactly on target or just off by a day or two. The % of Year-Round (vs. Seasonal) houses was Year- Round 99% – Seasonal 1%.

A Dual Variable Rate Commission is when a seller and their listing agent agree that if the sale of the house does not involve a buyer agent, then the commission fee will be at a reduced rate. In Q2 the percentage of closed listings with this agreement was 12%.