Real Estate Trends

The region’s housing market did not meet its residents’ diverse needs prior to COVID-19, and challenges to the adequate provision of affordable and attainable housing on Cape Cod have only increased throughout the pandemic. The annual median sales price of single-family homes in Barnstable County has increased substantially over the past few years, from $410,000 in 2019 to $570,000 in 2021. At the same time, the inventory of homes for sale at the end of the year has decreased, from 1,744 in 2019 to 388 in 2021. These trends have thus far persisted through 2022.