Nichole Willey & Team with Keller Williams Cape Cod & Colonial Partners are your #1 resource for real estate and rental market information on Cape Cod and beyond. In this month's June update, we are seeing shifting dynamics across Barnstable County that highlight how important it is to have a strategic plan when navigating our local market.

Breaking Down the Numbers

Let's dive into the single family home statistics from June to see exactly how the market is moving. We saw 626 closed sales, which represents a strong 17.9% increase year over year. Buyer demand is clearly buzzing, as pending sales surged by 27.8% to reach 685 properties under contract.

On the supply side, new listings dropped slightly by 4.12% with 761 homes hitting the market. Total inventory also tightened, coming in at 1,659 homes for sale, which is an 11.7% decrease compared to this time last year. This dip in available properties caused our monthly supply of inventory to experience an 11.7% decrease, landing at a swift 3.6 month supply.
Properties are moving faster too, with days on market decreasing 9.4% to an average of just 44 days. Despite the faster pace and tighter inventory, pricing remains steady and strong. The median sales price grew 2.6% to $800,000, and sellers captured 97.4% of their original list price, representing a subtle 0.4% increase over last year.

What This Means for Buyers and Sellers

If you are looking to make a move this summer, these numbers point to a highly active market that rewards intentionality and strategy. For sellers, homes are moving faster at an average of 44 days and securing 97.4% of their original list price. This proves that buyers are ready to act when the right property is positioned correctly.

For buyers, the double digit increases in pending and closed sales show that competition is active. With a 3.6 month supply and fewer new listings coming online, executing a smart, calculated plan is essential rather than rushing blindly into a decision. Having an experienced local guide who understands these specific shifts is the best way to confidently navigate the current landscape.

Beyond The Sale

Real estate on Cape Cod is never one size fits all. Our community has unique needs, and our team is fully equipped to handle every single one of them. While we love guiding clients through traditional residential sales, Nichole Willey & Team also specializes in year-round and long-term rentals, short-term vacation rentals, and senior real estate transitions. Whether you are transitioning into a simpler lifestyle or looking to maximize an investment property, we have the local knowledge to guide you seamlessly.

Are you ready to map out your real estate strategy for the rest of the year? We would love to chat about your specific goals. Give us a call at 508-737-3567 or send an email to [email protected] to get the conversation started.