Quick take on market health (2025)
Cape Cod’s 2025 market stayed price-strong and inventory-tight, with only a small dip in activity compared to 2024. Median and average prices rose, while new listings, pending sales, and closed sales were all slightly lower year-over-year.
Key 2025 metrics at a glance
- Median Sales Price: $739,000 (+3.4% vs. 2024)
- Average Sales Price: $1,025,328 (+4.5% vs. 2024)
- New Listings: -1.4% vs. 2024
- Pending Sales: -0.3% vs. 2024
- Closed Sales: -1.7% vs. 2024
- Months Supply: 2.0 months (-13.0% vs. 2024)
- Days on Market: 51 days (+24.4% vs. 2024)
- % of Original Price Received: 95.2% (-1.6% vs. 2024)
Prices continued to rise across Cape Cod
Prices moved higher again in 2025, with the median at $739,000 (+3.4%) and the average at $1,025,328 (+4.5%).
Over the last five years, the median climbed from $570,000 (2021) to $739,000 (2025), while the average rose from $786,000 (2021) to $1,025,328 (2025).
Why this is happening: The report provides the pricing changes, but it does not include written explanations for why prices rose.
Sales activity was nearly flat year-over-year
Compared with 2024, 2025 showed only modest movement in activity:
- New listings down 1.4%
- Pending sales down 0.3%
- Closed sales down 1.7%
Why this is happening: The report shows the year-over-year shifts, but it does not state causes for the changes in listing or sales volume.
Inventory stayed tight, even as the pace cooled a bit
Even with a bit more time on market, supply remained low:
- Months supply ended 2025 at 2.0
Historically, that’s still relatively tight—months supply was 1.1 in 2021, 2.3 in 2024, and 2.0 in 2025.
Why this is happening: The report provides the inventory levels and changes, but it does not attribute them to specific reasons.
Homes took longer to sell, and pricing became less “over-ask”
Two negotiation-related signals stood out:
- Days on Market increased to 51 (+24.4%)
- % of original list price received slipped to 95.2% (-1.6%)
Over the last five years, the data shows days on market rising from 36 (2021) to 51 (2025) and the percent of original price received falling from 100.7% (2021) to 95.2% (2025).
Why this is happening: The report doesn’t provide narrative “why,” but the combination of more days on market and a lower percent of list price received points to a market where buyers generally had more room to negotiate than in the earlier years shown.
Town-by-town, the Cape didn’t move in one direction
Cape Cod results varied a lot by town in 2025. A few notable examples:
Listings & closed sales shifts (2025 vs. 2024)
- Brewster: new listings +22.2% and closed sales +17.2%
- Eastham: new listings -30.1% while closed sales +21.0%
- Bourne: new listings -11.8% and closed sales -14.6%
Median price & homes-for-sale changes (selected examples)
- Chatham: median $1.5M (+25.0%); homes for sale -32.6%
- Mashpee: median $699,000 (+7.5%); homes for sale +24.1%
- Barnstable: median $715,000 (+5.9%); homes for sale -13.9%
Why this is happening: The report provides town-by-town results, but it does not explain the drivers behind differences by town.