Barnstable County Real Estate March Market Updates show the market is down nearly 12% in pending sales year over year. When compared to March of 2024, March of 2025 saw a 21% decrease in closed sales as well. Inventory of homes for sale is UP 13% and that means months of supply is up nearly 10%. Cumulative days on market is UP nearly 40%!!! Where are we headed? Before we approach a decision, we have one more statistic to consider, Median Sales Price is UP from March of 2025 over 16%- from $685,000 to $796,950.
My prediction is that we are headed into a Buyer's Market. Sellers are going to have to competitively price-no way around it. Buyers have more to pick from and they know it. The percentage of original list price received is down 3%. I expect that to continue downward. If you are a buyer, this is looking good for inventory and price adjustments- take advantage of it! How long will it last? Well, my crystal ball doesn't give me that answer.
If you're a seller, price to sell. Nothing worse than leaving a listing on the market too long. Your final sales price will suffer. Here at ERA Cape Real Estate, you will receive the latest stats for your specific neighborhood, and we will offer you a frank and honest assessment of your property.
We have been in business here in West Dennis for over 50 years and chances are that we have sold your house already at least once! Come in and meet with one of our agents!
~ Deb Martin
